On June 27, 2025, Ripple Labs announced the withdrawal of its cross-appeal in the lengthy legal battle with the U.S. Securities and Exchange Commission (SEC). This led to a price increase of $XRP by 5%, reaching approximately $2.20. The decision came after Judge Analisa Torres denied a joint motion to reduce Ripple's $125 million penalty and lift restrictions on institutional XRP sales on June 26. By withdrawing the appeal, Ripple agrees with the court's 2023 ruling that XRP is not a security in sales on public exchanges, although institutional sales remain restricted. The SEC is also expected to drop its appeal, which could conclude this high-profile case.
This decision has sparked optimism in the crypto market, with analysts forecasting further growth for XRP. Experts, particularly from Gemini, suggest that XRP could reach $5–8 within a year due to potential ETF approval and wider adoption. The ruling provides regulatory clarity, boosting investor confidence and encouraging accumulation of assets by large holders, as noted by XRP attorney Bill Morgan. Despite short-term volatility, Ripple's focus on innovation and regulatory compliance positions XRP for long-term success.
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