The market for XRP has increased due to legal clarification news. XRP rose by nearly 10% after the U.S. Securities and Exchange Commission rejected Ripple's long-standing appeal. The market movement of the day (from approximately $1.85 to $2.05) came as investors digested fresh indications that regulators are softening towards XRP. Analysts and traders are now asking: Has the period of uncertainty ended, and has the phase for an XRP ETF been set? Ripple case concluded, status confirmed Ripple Labs will withdraw its cross-appeal in the SEC case. CEO Brad Garlinghouse told the media that this move will "close this chapter for good." The 2023 court ruling had already established that XRP sold on public exchanges was not a security, while some institutional sales were deemed illegal. With both parties now abandoning appeals, XRP's regulatory status has finally been determined. This outcome "could bring the dispute closer to resolution" Legal clarification on XRP's status alleviates a significant uncertainty for investors and could pave the way for new financial products.

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