Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 446
    NewsCryptoMarketSponsored Article

    Pepe Price Prediction: Can It Hit $0.000018 in 2025? MoonBull Whitelist Could Be the New Meme Coin Jackpot – Join Now

    The crypto world never sleeps, and meme coins have been the life…

    By
    Benedikt Krüger
    September 18, 2025
    CME to Launch Solana and XRP Options in October Pending Approval
    NewsCryptoMarket
    CME to Launch Solana and XRP Options in October Pending Approval
    September 18, 2025
    Brian Armstrong Confident U.S. Crypto Bill Will Pass by Year-End
    NewsCryptoMarket
    Brian Armstrong Confident U.S. Crypto Bill Will Pass by Year-End
    September 18, 2025
    Ethereum Local Bottom? Binance Open Interest Drop Signals Reset Ahead
    MarketCryptoEthereumNews
    Ethereum Local Bottom? Binance Open Interest Drop Signals Reset Ahead
    September 18, 2025
    SEC Approves New Crypto ETF Rules Backing Nasdaq, Cboe, and NYSE
    NewsCryptoMarket
    SEC Approves New Crypto ETF Rules Backing Nasdaq, Cboe, and NYSE
    September 18, 2025
  • Cryptocurrency
    image 446
    Pepe Price Prediction: Can It Hit $0.000018 in 2025? MoonBull Whitelist Could Be the New Meme Coin Jackpot – Join Now
    12 Min Read
    CME to Launch Solana and XRP Options in October Pending Approval
    CME to Launch Solana and XRP Options in October Pending Approval
    7 Min Read
    Brian Armstrong Confident U.S. Crypto Bill Will Pass by Year-End
    Brian Armstrong Confident U.S. Crypto Bill Will Pass by Year-End
    8 Min Read
    Ethereum Local Bottom? Binance Open Interest Drop Signals Reset Ahead
    Ethereum Local Bottom? Binance Open Interest Drop Signals Reset Ahead
    7 Min Read
    SEC Approves New Crypto ETF Rules Backing Nasdaq, Cboe, and NYSE
    SEC Approves New Crypto ETF Rules Backing Nasdaq, Cboe, and NYSE
    8 Min Read
    Ethereum Staking
    Vitalik Defends Ethereum Staking Queue Amid Growing Concerns
    6 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: XRP Soars to 2.56 After SEC Withdraws Ripple Lawsuit
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Market > XRP Soars to 2.56 After SEC Withdraws Ripple Lawsuit
MarketCryptoNews

XRP Soars to 2.56 After SEC Withdraws Ripple Lawsuit

XRP price
Jonathan Swift
Last updated: March 20, 2025 7:54 am
By
Jonathan Swift
Published March 20, 2025
5 Min Read
Share

​The cryptocurrency landscape experienced a seismic shift as the U.S. Securities and Exchange Commission (SEC) officially dropped its lawsuit against Ripple Labs, the company behind the XRP token. This unexpected turn of events has sent ripples through the crypto community, leading to a significant surge in XRP’s price and sparking discussions about the future of cryptocurrency regulations.​

Contents
  • The SEC vs. Ripple: A Brief Overview
  • XRP Price Surge: By the Numbers
  • Broader Market Implications
  • Industry Reactions: A New Dawn for Crypto Regulation?
  • FAQs
  • Glossary of Key Terms
    • Sources

The SEC vs. Ripple: A Brief Overview

In December 2020, the SEC filed a lawsuit against Ripple Labs and its executives, alleging that the company’s sale of XRP constituted an unregistered securities offering. This legal action cast a shadow over XRP, leading to delistings from major exchanges and a decline in its market value. However, after more than four years of legal battles, Ripple’s CEO, Brad Garlinghouse, announced that the SEC has decided to drop its case. In a video posted on social media, Garlinghouse stated,

“I’m finally able to announce that this case has ended—it’s over.”

Ripple Lawsuit

XRP Price Surge: By the Numbers

The news of the lawsuit’s dismissal acted as a catalyst for XRP’s price, propelling it to new heights. Here’s a snapshot of XRP’s price movement following the announcement:​

DateOpening PriceClosing PricePercentage Change
March 19, 2025$2.24$2.54+13.39%
March 20, 2025$2.54$2.46-3.15%

Data sourced from CoinMarketCap.

This surge underscores the market’s positive reception to regulatory clarity surrounding XRP. ​

Broader Market Implications

XRP’s rally had a domino effect on the broader cryptocurrency market. Bitcoin (BTC), the flagship cryptocurrency, experienced a 2.2% increase, reaching $84,096, while Ethereum (ETH) saw a 6.6% rise, trading at $2,031. These movements highlight the interconnected nature of the crypto market, where significant events concerning one asset can influence others. ​

The SEC vs. Ripple

Industry Reactions: A New Dawn for Crypto Regulation?

The conclusion of the SEC’s lawsuit against Ripple is being hailed as a landmark moment for the crypto industry. Many see it as a potential shift towards more favorable regulatory treatment of digital assets. Garlinghouse emphasized this sentiment:

“Today is a victory and a long-overdue surrender by the SEC.”

This development may pave the way for clearer guidelines and a more supportive environment for cryptocurrency innovation. ​

In conclusion, the SEC’s decision to drop its lawsuit against Ripple Labs marks a pivotal moment in the cryptocurrency industry’s evolution. The subsequent surge in XRP’s price reflects renewed investor confidence and may signal a shift towards more supportive regulatory frameworks for digital assets in the future.

FAQs

Why did the SEC sue Ripple Labs?

The SEC alleged that Ripple’s sale of XRP tokens constituted an unregistered securities offering, violating federal securities laws.​

What does the dismissal of the lawsuit mean for XRP?

The dismissal removes a significant legal hurdle for Ripple, potentially leading to XRP’s listing on major exchanges and renewed investor confidence.​

How did the lawsuit affect XRP’s price historically?

Following the lawsuit’s announcement in December 2020, XRP’s price plummeted as exchanges delisted the token. The recent dismissal has had the opposite effect, with prices surging due to renewed optimism.​

Will this affect other cryptocurrencies?

Yes, the positive resolution may set a precedent for how regulators approach other digital assets, potentially leading to a more favorable environment for the broader crypto market.

What’s next for Ripple Labs?

With the legal uncertainties resolved, Ripple can focus on expanding its payment solutions and strengthening partnerships within the financial industry.​

Glossary of Key Terms

  • XRP: A digital currency created by Ripple Labs to facilitate fast and cost-effective cross-border payments.​

  • Ripple Labs: The company behind the XRP token, offering payment solutions leveraging blockchain technology.​

  • SEC (Securities and Exchange Commission): A U.S. federal agency responsible for enforcing securities laws and regulating the securities industry.​

  • Cryptocurrency Exchange: A platform where individuals can buy, sell, or trade cryptocurrencies.​

  • Market Capitalization: The total market value of a cryptocurrency, calculated by multiplying its current price by its circulating supply.​

Sources

MarketWatch

Binance

​Axios

Barron’s

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Jay Clayton to Lead DOJ Office Behind FTX Founder’s Conviction

Neiro Price Prediction: Neiro Slides 11.8% This Week as Troller Cat Presale Pounces at $0.0001169

Is DOGE’s Future Secure with Elon Musk at the Helm After Ramaswamy’s Exit?

Why Qubetics is the Hottest Crypto Presale, While Ondo and Bitcoin Gear Up for a Massive Bull Run!

How Tether Is Building an Entire Crypto Economy in East Africa

TAGGED:Ripple LawsuitSECThe SEC vs. RippleXRP priceXRP Soars

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByJonathan Swift
Follow:
A crypto journalist with an understanding of blockchain technology. Skilled in simplifying complex topics for diverse audiences, from beginners to experts. Because I believe in words as they are the children of mind.
Previous Article First Solana Futures ETF Drops! Is Spot Approval Next? First Solana Futures ETF Drops! Is Spot Approval Next?
Next Article Bitcoin Surges 3.1% as Fed Eases QT, Analysts Predict New Highs Bitcoin Surges 3.1% as Fed Eases QT, Analysts Predict New Highs
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English