After nearly five years of legal battles, the long-standing lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is officially over. On August 7, 2025, both parties jointly filed to dismiss all remaining appeals. This move solidifies the July 2023 ruling: XRP is not considered a security when sold on public exchanges to retail investors, though institutional sales made directly by Ripple are still classified as unregistered securities offerings—resulting in a $125 million civil penalty.
This development brings long-awaited regulatory clarity to the XRP ecosystem, removing a major legal overhang that had cast uncertainty over Ripple’s operations and XRP’s status in the U.S. financial system. The market responded swiftly and positively: XRP surged over 13% shortly after the news, and technical analysts observed a textbook bull flag formation, hinting at a potential breakout toward the $8 to $15 range, should momentum continue.
At the same time, institutional interest in XRP appears to be accelerating. BlackRock is reportedly preparing to file for a spot XRP ETF—a powerful signal of mainstream financial integration. In Japan, SBI Holdings is also planning to launch a Bitcoin/XRP ETF, further cementing XRP’s position as a serious institutional-grade asset.
For Ripple, the end of this case not only eliminates a major hurdle but also opens the door to expanding its U.S. operations. With the legal cloud lifted, Ripple can now scale its partnerships with banks, governments, and enterprises more aggressively—positioning XRP as a central liquidity token and infrastructure layer for the emerging global digital financial system.
In summary, XRP has emerged from this historic lawsuit with regulatory clarity, institutional tailwinds, and renewed investor confidence. It’s not just a legal victory—it’s a pivotal moment that may mark the beginning of XRP’s true global adoption phase.
