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As of today, Saturday, April 12, 2025, the case of the U.S. Securities and Exchange Commission (SEC) against Ripple and its digital currency XRP has seen significant developments.

Appeal Dropped: Ripple has agreed to drop its appeal against the SEC, resulting in a reduction of the fine from $125 million to $50 million.

Approaching Final Settlement: Reports indicate that the case is nearing its conclusion, with expectations of reaching a settlement in the coming months.

Impact on XRP Price: XRP has recorded gains of 2% following rumors of the company's nearing an agreement with the SEC, reflecting investors' optimism about the end of the case.

Overall, these developments suggest that the legal dispute between Ripple and the SEC is coming to a close, which may open the door for Ripple to expand its operations and strengthen XRP's position in the cryptocurrency market.