Ripple & SEC just ended one of crypto's longest battles -XRP's legal overhang is officially gone.
Ripple CEO Brad Garlinghouse announced Ripple is dropping its cross-appeal, with the SEC expected to do the same. This comes after Judge Analisa Torres rejected a motion by both parties one day earlier
The lawsuit-which began in December 2020-has hung over XRP's legitimacy and institutional use. Closing this case removes the final major U.S. legal uncertainty, giving investors and developers clearer direction.
$XRP surged ~5%, trading near $2.15 on June 27
ETH/BTC ticked up modestly on the regulatory relief
Analysts say this clarity could reinvigorate XRP utility partnerships and on-ramp efforts
Ripple will now prioritize global payment tech and ledger expansion, while XRP could see renewed interest from on-ramps, exchanges, and institutional players. Watch listings and corporate integrations next.