XRP UPDATE: SEC DROPS ITS APPEAL

A Major Legal Chapter Officially Closed

The long-running legal battle between U.S. Securities and Exchange Commission (SEC) and Ripple Labs has reached a decisive turning point.

🔍 What Just Happened?

• The SEC has officially dropped its appeal against Ripple.

• Ripple has also withdrawn its cross-appeal.

• This ends the appellate phase of the case that began in 2020.

⚖️ What Ruling Stands Now?

The original district court ruling remains final:

• XRP is NOT a security when sold on public exchanges (secondary market).

• Certain institutional sales were found to violate securities laws, resulting in a monetary penalty for Ripple.

• No further appeals are pending.

📌 Why This Matters

• Removes a major legal overhang on XRP

• Sets one of the clearest legal precedents for a major crypto asset in the U.S.

• Strengthens regulatory clarity for exchanges, developers, and institutions.

📈 Market & Industry Implications

• Increased confidence for long-term XRP holders

• Improved outlook for institutional adoption

• Potential catalyst for broader crypto regulatory reform discussions

🧠 Bottom Line

This is not a settlement reversal — it is a legal finality.

The SEC walking away from the appeal confirms that the court’s ruling stands as-is.

XRP leaves the courtroom with clarity — something the crypto market has been demanding for years.

NFA DYOR #xrpetf 🔥🔥