After more than four years of legal battles, the long-awaited verdict in the Ripple vs. SEC case has finally arrived. The cryptocurrency world has been watching closely, and now, the flagship case that defined regulatory uncertainty in crypto has officially concluded. With this, XRP Coin can move forward without any more litigation concerns.
Ripple vs. SEC: The Final Verdict
As of November 5, XRP Coin had already priced in the news, with its value soaring past $3 before settling at $2.44. The final legal proceedings only confirmed what many had anticipated. Ripple’s General Counsel, Stuart Alderoty, announced on social media that the SEC had agreed to unconditionally drop its appeal, while Ripple also dropped its cross-appeal.
This decision means that Ripple will only pay $50 million out of the original $125 million penalty. The SEC has also agreed to ask the Court to vacate the standard injunction that was previously imposed at the agency’s request. All that remains is a Commission vote and final court formalities before the matter is officially closed.
A Landmark Moment for XRP and Crypto
The most significant takeaway from this decision is that XRP Coin is no longer considered a security under SEC enforcement. This marks a major victory for Ripple and sets a precedent for the broader cryptocurrency market. The SEC’s push to classify XRP as a security had cast a shadow over the asset for years, but now that uncertainty is gone.
What’s Next for XRP?
With the legal burden lifted, many investors and analysts are looking ahead to the future of XRP Coin. Could this be the start of a new era for Ripple? With regulatory clarity now in place, Ripple may have greater opportunities for adoption, partnerships, and institutional involvement.
Final Thoughts
The crypto industry has seen one of its most high-profile legal battles come to an end. The billion-dollar fine was waived, and Ripple has emerged victorious, proving that XRP Coin is here to stay. With the case finally over, the question now is: What’s next for XRP?
Let us know your thoughts in the comments! Will XRP see a surge in value now that the legal battle is over?
