XRP Surges 13% as Ripple and SEC Officially End Legal Dispute

XRP is back in the spotlight with a 13% daily price increase after Ripple and the U.S. Securities and Exchange Commission (SEC) officially closed their long-standing legal battle. A joint court filing dated August 7 confirms that both sides agreed to withdraw their appeals, effectively ending one of the most high-profile crypto lawsuits to date.

The dispute began in December 2020, when the SEC accused Ripple of conducting an unregistered securities offering through the sale of XRP. After nearly five years of courtroom conflict and regulatory tension, the conclusion of the case marks a major moment for both Ripple and the broader crypto market.

A turning point came in 2023 when a federal judge ruled that XRP sold on public exchanges did not qualify as a security. However, institutional sales were deemed to violate securities laws, leading to a $125 million fine for Ripple—significantly lower than the SEC’s original $2 billion claim.

Following the dismissal of all pending legal actions, XRP’s price surged to $3.36, its highest point since July 23. The token has recovered strongly from the August 3 dip to $2.77 and now trades just 7.7% below its all-time high of $3.65 recorded on July 18.

With legal uncertainty finally resolved, XRP may now have a clearer path ahead as market momentum builds.