- Ripple has officially ended its legal battle with the SEC, confirming XRP is not a security in public exchange sales and triggering a 4.4% price surge to $2.19.
- With legal clarity and bullish technical signals, analysts now eye $3.50 as a potential next target for XRP.
Ripple’s high-stakes legal battle with the U.S. Securities and Exchange Commission (SEC) has finally reached its conclusion. The company officially dropped its appeal, prompting expectations that the SEC will follow suit. This move leaves Judge Analisa Torres’ pivotal 2023 rulings in place — a decision that brings long-awaited legal clarity to XRP.
🚨 #Ripple officially ended its #SEC legal fight yesterday — but this May 2025 filing still matters.
It reaffirms: #XRP is not a security. pic.twitter.com/ubgLZpwbcI
— RippleXity (@RippleXity) June 28, 2025
In her ruling, Judge Torres maintained that Ripple’s institutional XRP sales violated securities laws, but exchange-based and retail sales did not. This distinction is key, as it allows XRP to remain tradable on public exchanges without being labeled a security. Ripple CEO Brad Garlinghouse declared on X, “We’re closing this chapter once and for all.”
While Ripple and the SEC had proposed reducing the financial penalty to $50 million and lifting a permanent injunction, the judge rejected the terms. As a result, Ripple will pay a $125 million civil penalty and is permanently barred from engaging in future unregistered institutional XRP sales.
Market Responds Positively to Legal Finality
News of the legal resolution triggered an immediate reaction in the markets. XRP climbed 4.4% in 24 hours, reaching $2.19 as of the latest trading session. Ripple’s Chief Legal Officer Stuart Alderoty emphasized that XRP’s classification remains unchanged — reinforcing its utility for cross-border payments and enterprise finance.
The decision paves the way for Ripple to refocus on growth, including new partnerships, tokenized finance applications, and potentially, an XRP spot ETF, which is reportedly gaining traction among institutional players.
Technical Outlook: Is $3.50 Next?
XRP’s current price structure hints at a bullish continuation. The 4-hour chart shows a symmetrical triangle pattern, with price action forming higher lows from the $1.99 level, while resistance at $2.21 remains under pressure. A breakout above this level could confirm a bullish move.
A golden cross between the 50-EMA and 200-EMA has formed, reinforcing the bullish momentum. Meanwhile, the MACD has flipped green, and a marubozu candle at resistance indicates growing buyer interest.
Suggested Trade Setup:
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Entry: Long above $2.215 (confirmed breakout)
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Target 1: $2.288
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Target 2: $2.338
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Stop-loss: Below $2.139
Should XRP break past $2.21 convincingly, a rally toward $2.50 is likely in the short term, with a move toward the $3.50 zone possible in a broader market uptrend.
With the lawsuit finally behind it and bullish momentum building, XRP appears well-positioned for a potential breakout — possibly one of its most significant yet.