The latest update on the XRP lawsuit, reported by Crypto News Flash (CNF), Ripple and the SEC have requested to end the injunction. Finally, after nearly five years of intense legal disputes, the high-profile lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has officially concluded, marking a pivotal moment for Ripple, the company's native cryptocurrency XRP, and the entire digital asset industry.

What do XRP investors need to know? First of all, it should be noted that in 2020, both parties jointly submitted a settlement agreement to dismiss their appeals, ending all subsequent legal proceedings initiated. As Paul Atkins, the 34th Chairman of the SEC, stated:

Commissioner Peirce is correct. As this chapter closes, we now have the opportunity to shift our energy from the courtroom to the policy drafting table. Our focus should be on building a clear legal framework that fosters innovation while protecting investors.

With the resolution of the case between Ripple and the SEC being a significant milestone for the cryptocurrency industry, the outcome clarifies the regulatory status of digital assets in the secondary market, potentially reducing the SEC's aggressive enforcement approach.

Therefore, according to reports, some industry experts predict that as the uncertainty resolves, the SEC and other regulatory bodies will face increasing pressure to issue clear rules for digital assets. This clarity could be used to empower exchanges, establish a roadmap for spot XRP ETFs, and attract institutional interest back.

Significance for the Market Price of XRP

The conclusion of the Ripple vs. SEC lawsuit is significant for the market price of XRP, which has been sensitive to legal developments in the past. Moreover, as noted, this resolution has driven prices up nearly 99% by 2025, reflecting renewed investor confidence.

In the short-term outlook, according to analysts' predictions, XRP may test the resistance level of $4 in the coming weeks, thanks to increased liquidity from re-listing on exchanges and growing institutional interest. A bullish breakout could push XRP to $4.85.

In terms of medium and long-term prospects, with regulatory clarity and the potential approval of an ETF, the price of XRP could rise to $5 by the end of 2025. Currently, XRP is trading at $3.14, reflecting a decrease of 3.82% in the past day and an increase of 3.66% over the past week, according to Coin Market Cap data. See the XRP price chart below.