26-3-2025 – Ripple has drawn the curtain on its dispute with the US Securities and Exchange Commission by withdrawing its cross-appeal. The settlement terms reveal a nuanced compromise, with the regulatory body retaining $50 million whilst Ripple reclaims $75 million from the initially imposed penalties.
Market sentiment has responded favourably to this resolution, with Polymarket’s forecast suggesting a compelling 86% likelihood of regulatory approval for an XRP exchange-traded fund prior to 2025. The digital asset currently maintains steady ground at $2.46, demonstrating resilience above crucial support thresholds.
The genesis of this regulatory tussle dates to December 2020, when the SEC launched proceedings against Ripple, contending that XRP sales constituted an unregistered securities offering. The case evolved into a watershed moment for the digital assets sector, establishing precedents for the application of securities legislation to cryptocurrencies.
Stuart Alderoty, Ripple’s Chief Legal Officer, took to X (formerly Twitter) to announce the company’s strategic decision to cease further legal challenges. In a reciprocal move, the SEC has initiated proceedings to lift its standard injunction against the firm.
The resolution arrives amidst a broader recalibration of the SEC’s regulatory approach towards digital assets, evidenced by the withdrawal of legal actions against prominent cryptocurrency exchanges. This shift suggests an evolving stance on digital asset oversight.
Market analysts have projected optimistic trajectories for XRP, with forecasts suggesting potential appreciation to $2.99, with some extending predictions to $3.40. These projections are underpinned by growing institutional confidence and the anticipated ETF development.
