Here’s How High XRP Could Climb Now As Ripple and SEC Decides to End Their Case
The post Here’s How High XRP Could Climb Now As Ripple and SEC Decides to End Their Case appeared on BitcoinEthereumNews.com. Ripple has finally decided to bring its long-running legal fight with the U.S. Securities and Exchange Commission to a close. Ripple to Withdraw Its Appeal, Essentially Closing the Case On June 27, Ripple CEO Brad Garlinghouse confirmed that the company would withdraw its cross-appeal in the lawsuit, accepting a $125 million civil penalty and moving on without further litigation. Notably, the SEC is expected to do the same, marking the official end of a legal standoff that has lasted over four years. Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in. https://t.co/ZsRgDfcpLh — Brad Garlinghouse (@bgarlinghouse) June 27, 2025 This decision came just a day after Judge Analisa Torres rejected a joint request from Ripple and the SEC. The two parties had asked the court to lower Ripple’s fine to $50 million and lift the permanent ban on its institutional XRP sales. Judge Torres refused, stating they hadn’t shown a good enough reason to alter the original judgment. She gave both sides a clear option: move forward with appeals or end the case. Ripple chose instead to end the case with the final ruling. How High Could XRP Go? Currently, XRP changes hands at $2.18, up 1.85% this morning. Following the announcement, we asked Gemini, Google’s AI model, how far XRP’s price might rise over the next year now that the legal battle is coming to an end. In response, Gemini explained that the end of this legal overhang could act as a strong catalyst for XRP’s growth. Based on past reactions to favorable news, such as the 70% price jump after the partial court win in 2023,…
The post Here’s How High XRP Could Climb Now As Ripple and SEC Decides to End Their Case appeared on BitcoinEthereumNews.com.
Ripple has finally decided to bring its long-running legal fight with the U.S. Securities and Exchange Commission to a close. Ripple to Withdraw Its Appeal, Essentially Closing the Case On June 27, Ripple CEO Brad Garlinghouse confirmed that the company would withdraw its cross-appeal in the lawsuit, accepting a $125 million civil penalty and moving on without further litigation. Notably, the SEC is expected to do the same, marking the official end of a legal standoff that has lasted over four years. Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in. https://t.co/ZsRgDfcpLh — Brad Garlinghouse (@bgarlinghouse) June 27, 2025 This decision came just a day after Judge Analisa Torres rejected a joint request from Ripple and the SEC. The two parties had asked the court to lower Ripple’s fine to $50 million and lift the permanent ban on its institutional XRP sales. Judge Torres refused, stating they hadn’t shown a good enough reason to alter the original judgment. She gave both sides a clear option: move forward with appeals or end the case. Ripple chose instead to end the case with the final ruling. How High Could XRP Go? Currently, XRP changes hands at $2.18, up 1.85% this morning. Following the announcement, we asked Gemini, Google’s AI model, how far XRP’s price might rise over the next year now that the legal battle is coming to an end. In response, Gemini explained that the end of this legal overhang could act as a strong catalyst for XRP’s growth. Based on past reactions to favorable news, such as the 70% price jump after the partial court win in 2023,…
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