On March 19, 2025, Ripple CEO Brad Garlinghouse shared a momentous announcement on X, declaring a “resounding victory” for Ripple and the broader cryptocurrency industry. In this video post, Garlinghouse revealed that the U.S. Securities and Exchange Commission (SEC) has decided to drop its appeal in its long-standing legal battle against Ripple.
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.
This decision marks the end of a nearly five-year saga that began in December 2020, when the SEC accused Ripple, Garlinghouse, and co-founder Chris Larsen of raising over $1.3 billion through unregistered sales of XRP, claiming it was an unregistered security. The ruling, building on a pivotal 2023 decision by U.S. District Judge Analisa Torres, determined that XRP sales to retail investors on public exchanges were not securities, while institutional sales incurred a $125 million penalty for Ripple. Now, with the SEC stepping back, XRP’s status as a non-security is solidified, setting a landmark precedent for crypto regulation in the U.S.
This victory comes at a pivotal time for the cryptocurrency sector, especially under the Trump administration, which has signaled a more crypto-friendly regulatory approach since early 2025. The shift in stance from banking regulators, coupled with this legal win, has sparked optimism among XRP holders and the broader crypto community. Garlinghouse’s post, which has garnered over 3.3 million views, exudes confidence, urging the industry to “build” toward a brighter future. The decision not only alleviates regulatory uncertainty for Ripple but also paves the way for potential growth in the adoption of XRP, particularly in its core use case for cross-border payments via the Ripple Ledger.
However, the immediate market reaction to this news has been surprisingly muted. Post-announcement, XRP’s price action has seen only a modest increase of about 20 to 30 cents, a far cry from the dramatic surges some anticipated, reflecting a cautious investor response. This tepid movement could be attributed to several factors, including market fatigue after years of regulatory uncertainty, broader crypto market conditions, or investors waiting for clearer signals on how this ruling will impact XRP’s long-term utility and adoption.
Despite the modest initial price action, there’s reason for hope. The long-term implications of the SEC dropping its appeal are profound. With regulatory clarity now established, institutional adoption of XRP could accelerate, especially as global financial institutions increasingly explore blockchain solutions for efficient, low-cost remittances. Analysts and crypto enthusiasts point to the potential for XRP to reclaim higher price levels, with some price predictions for 2025 and beyond suggesting targets as high as $4 or more, driven by growing utility and regulatory tailwinds.
The coming days and weeks may reveal larger gains as the market digests this historic win and as Ripple continues to expand its partnerships—particularly in the banking sector, where its payment solutions are already making waves. XRP’s role in facilitating fast, cost-effective international transactions remains a compelling narrative, and with the regulatory cloud lifted, investor confidence could surge. While patience may be required, the future looks bright for XRP, and this victory could be the catalyst for a new chapter of growth and innovation in the cryptocurrency space. Let’s stay optimistic and watch as Ripple and XRP build toward that promising horizon.
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Social media buzz reveals that searches for “Ripple” on the U.S. Securities and Exchange Commission’s (SEC) Litigation Releases page currently yield no results. This has sparked speculation among XRP supporters that the SEC may have removed its civil actions against Ripple from the website. However, neither Ripple nor the SEC has officially commented on the status of the ongoing legal case. With no confirmation yet, XRP enthusiasts are closely watching, hoping this could signal the potential conclusion of the lawsuit.
This news comes as the previously announced XRP Community Day Space is currently streaming with the latest XRP news, so many listeners are hoping for elaboration on this as well as a potential US federal reserve of the previously persecuted cryptocurrency.
If you want to start investing me in XRP, use my Kinesis link or enter code KM13868686 during signup to receive a FREE half-ounce of silver (KAG).