XRP Rises 5% Following Ripple’s Legal Decision with SEC

Ripple will withdraw its cross-appeal in the legal battle with the U.S. Securities and Exchange Commission (SEC). This was announced by the fintech company’s CEO, Brad Garlinghouse.

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

According to him, the regulator expressed readiness to take a reciprocal step, which will bring an end to the years-long dispute.

“We’re closing this chapter once and for all and focusing on what’s most important – building the Internet of Value. Lock in,” wrote Garlinghouse.

In December 2020, the SEC accused Ripple of selling unregistered securities in the form of XRP tokens worth $1.3 billion. The case became one of the most discussed in the industry.

In July 2023, Judge Analisa Torres issued a partial ruling in favor of the company.

In August 2024, she fined the company $125 million as part of the case and prohibited future violations of securities laws.

In June 2025, Torres rejected a joint motion by the parties to reduce the financial penalties and lift the prohibition.

The mutual withdrawal of appeals by Ripple and the SEC will uphold the conditions of the final court order. The company’s general counsel, Stuart Alderoty, emphasized that the proceedings confirmed XRP’s status as not being a security.

Following Garlinghouse’s announcement of the end of the dispute, the token’s price rose by approximately 5% in a day, reaching $2.2. The total market capitalization of the crypto market decreased by about 1.5% during the period.

Earlier, Ripple announced the addition of more programmable features to the XRP Ledger “in the spirit of Ethereum.”