- Ripple settles with SEC for $50M, significantly reduced from $125M, ending a lengthy legal battle over XRP sales.
- XRP price shows resistance at $2.50, but speculation on a BlackRock ETF and market optimism fuels predictions of a $3 surge.
Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) has officially ended, marking a major moment for the cryptocurrency. According to an X post shared by Ripple’s chief legal officer, Stuart Alderoty, Ripple has agreed to pay $50 million, a stark contrast to the $125 million fine initially sought by the SEC.
The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an…
— Stuart Alderoty (@s_alderoty) March 25, 2025
The settlement, as reported by ETHNews, results from the SEC dropping its appeal of U.S. District Judge Analisa Torres’s 2023 ruling, which stated that Ripple’s programmatic sales of XRP to retail exchanges did not violate federal securities laws.
The SEC had previously argued that Ripple’s institutional sales of XRP violated securities regulations, leading to the $125 million fine. With the appeals now dropped, both parties appear to have closed the chapter on the lawsuit.
Ripple Settlement Leads to Market Adjustments
In addition to the settlement with the SEC, Ripple’s legal team has highlighted a major financial adjustment. The SEC will return most of the $125 million court-ordered fine, keeping only $50 million, and return the remaining $75 million to Ripple.
Ripple’s CEO Garlinghouse also suggested that XRP has a bright future, with prospects for integration into the U.S. Digital Asset stockpile, further fueling anticipation for the token’s potential.
Adding to this sentiment, Garlinghouse has hinted at collaborating with BlackRock to create an XRP ETF. Although Garlinghouse did not confirm a direct partnership with the asset management giant, his comments during a Bloomberg interview have fueled speculation.
🚨 RIPPLE & BLACKROCK CREATING $XRP ETF !?! CEO DROPS A BOMBSHELL ON BLOOMBERG CRYPTO!🚨📈
Ripple CEO, @bgarlinghouse , hints at a game-changing connection between BlackRock and @Ripple launching an $XRP ETF in the USA 🇺🇸 …
Stating: “We think it makes sense for the XRP… https://t.co/L7cxrWCPIp pic.twitter.com/8bscIj60pV
— Good Morning Crypto (@AbsGMCrypto) March 26, 2025
He noted that such an ETF would benefit the XRP community, pointing to a positive outlook for the cryptocurrency’s future. The notion of BlackRock filing a Ripple ETF in 2025 has captured the attention of industry players.
This resolution and the company’s recent developments regarding a possible exchange-traded fund (ETF) have renewed interest in XRP. Although XRP’s price action remains relatively muted, speculation around a price surge continues, with some predicting the asset could reach $3 soon.
XRP Price Movement and Market Sentiment
Despite the positive developments, XRP’s price action has shown limited movement. As of the latest data, the price remains around $2.45, showing a slight 1.26% increase in the last 24 hours.
However, XRP has faced strong resistance at the $2.50 level, making it difficult for the token to break through in the short term. Still, market analysts remain bullish on XRP, with some predicting that the asset could see a price surge in the coming weeks.
Crypto trader Seyma has shared a bullish outlook, suggesting that XRP could soon target $3.00 to $3.24. While this price range has yet to be reached, the growing speculation around the potential XRP ETF and the settlement’s positive impact has increased expectations for a price breakout.