$XRP 🟡Ripple reaches an agreement with the SEC for 125 million dollars.

This agreement ends a dispute of more than 4 years.

The presale of Snorter could greatly benefit from the interest in XRP that this agreement may trigger.

Ripple and the SEC seem to have reached an agreement after more than 4 years. 125 million dollars is the fine that Ripple Labs will have to pay for the SEC to end the conflict. If everything goes as agreed, the SEC will withdraw its appeal in the coming days.

Ripple (XRP) has been one of the major affected parties in this dispute – but the end of this could boost its price. Increased interest in altcoins like XRP could enhance the appeal of the Snorter presale. This bot has the ability to find unique opportunities among Solana's memecoins. Such a tool could be key at a time when altcoins are regaining importance.

The Ripple vs SEC conflict ends – how will this affect XRP?

The SEC has decided to accept an agreement with Ripple to end its long-standing dispute – it will withdraw its appeal in exchange for Ripple paying a civil fine of 125 million dollars.

This agreement includes that Ripple will not make a cross appeal and will pay the fine without recourse. Both parties are interested in ending this dispute, and this is the best way they have found to do so.

This dispute has set precedents for how cryptocurrencies should be regulated. After this prolonged conflict, it is very likely that future regulatory frameworks will be more transparent and clear – to avoid similar cases.