$ETH $XRP The case of the U.S. Securities and Exchange Commission (SEC) against Ripple and its digital currency XRP has important developments.

Dismissal of the Appeal: Ripple agreed to dismiss its appeal against the SEC, resulting in the reduction of the imposed fine from $125 million to $50 million.

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

Impact on XRP Price: The price of XRP has gained 2% following rumors that the company is close to an agreement with the SEC, reflecting investor optimism regarding the case's conclusion.

Overall, these developments suggest that the legal dispute between Ripple and the SEC is approaching its end, which could pave the way for Ripple to expand its operations and strengthen XRP's position in the cryptocurrency market.