$TREE $BNB 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 has agreed to dismiss 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 end, with expectations of reaching a settlement in the coming months.

Impact on XRP price: XRP has recorded gains of 2% following rumors that the company is close to an agreement with the SEC, reflecting investor optimism about the end of the case.

Overall, these developments suggest that the legal dispute between Ripple and the SEC is nearing its conclusion, which could pave the way for Ripple to expand its operations and enhance XRP's position in the digital currency market.