🚨 BREAKING:
The U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple Labs, ending a four-year legal battle over $XRP 's classification.
Following this announcement, XRP's price surged by 13.73%, reaching an intraday high of $2.56.
Key Highlights:
Legal Victory: The SEC's decision provides Ripple with regulatory clarity, potentially influencing the broader cryptocurrency market.
Market Impact: XRP's surge reflects investor optimism, with the token currently trading at $2.45, a slight 1.7% decline from its peak.
Looking Ahead:
Ripple's CEO, Brad Garlinghouse, anticipates the approval of an XRP Exchange-Traded Fund (ETF) before the end of 2025, signaling further growth prospects.
