Ripple has officially closed the years-long lawsuit with the SEC, marking an important legal victory: XRP is confirmed not to be a security, and transactions prior to 2020 are recognized as legal.
This decision removes Ripple's biggest legal barrier, reinforcing investor confidence and paving the way for XRP ETFs in the US. Immediately after the news, the price of XRP surged over 10%, igniting hopes for a strong recovery.
Ripple's leadership sees this as a turning point to focus on global expansion, especially in international payments and digital asset applications. Experts believe that legal transparency will drive new capital into XRP, while increasing the appeal of the altcoin market.
If approved, the XRP ETF could become a new liquidity driver, popularizing XRP in the traditional US market.
