Ripple has achieved an important legal victory as the SEC dropped its appeal regarding XRP. This move comes after several court losses for the SEC, enhancing the regulatory clarity of XRP in the United States. The legal dispute began in 2020 when the SEC filed a lawsuit against Ripple for unregistered sales of Ripple. A ruling issued in 2023 clarified that XRP is not necessarily a security on public exchanges. Although the SEC had the option to appeal, it chose to retreat instead. This decision reflects a shift in enforcement tactics towards utility tokens like XRP. Ripple's victory bolsters its legal position and encourages broader confidence in the industry in the American market.