Ripple's CEO, Brad Garlinghouse, has announced that the company will not cross-appeal, likely prompting the SEC to follow suit. This marks a significant development in the ongoing lawsuit. Garlinghouse stated, "We close this chapter and focus on creating the Internet of Value," signaling a shift in focus towards the company's core mission. With this move, Ripple is effectively choosing to put the legal battle behind it. Following this news, XRP's price surged by 4% to $2.1868.