by Vincent Muthee
Ripple has now officially ended its legal battle with the U.S. Securities and Exchange Commission (SEC), after lasting almost four years. On June 27, the crypto company announced that it had withdrawn its cross-appeal in the XRP lawsuit, marking the end of one of the most highly-watched regulatory battles in the history of crypto.
The SEC is also likely to withdraw its pending appeal, putting the case to finality. This means that the 2023 ruling will now form the definitive statement, stating that the sale of XRP on public exchanges is not considered as security. However, the ruling also clarifies that XRP token sales to institutions will remain restricted. This resolution offers lasting clarity to retail XRP holders and the wider crypto market.
Is Ripple vs SEC Legal Dispute Finally Over?
Ripple’s decision to drop its cross-appeal came a day after Judge Analisa Torres denied a joint motion by both parties to alter the final judgment in the XRP Lawsuit. That move closed the door on reducing Ripple’s penalty or modifying the court’s original findings, forcing the company to accept the judgment as-is. Ripple CEO Brad Garlinghouse confirmed that the company will no longer challenge the court’s ruling that XRP’s institutional sales violated securities laws.
Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in. https://t.co/ZsRgDfcpLh
— Brad Garlinghouse (@bgarlinghouse) June 27, 2025
As a result, Ripple will now face a $102.6 million penalty and a standing injunction barring such sales. However, no additional court hearings are expected. The SEC is likely to follow suit and formally withdraw its own appeal in the coming weeks, which will complete the legal proceedings that began back in December 2020.
The court ruling that exchange sales of XRP are not securities is a landmark victory for the crypto market, regardless of the partial defeat. It provides an important precedent of distinguishing between institutional and retail sales. The ruling can thus act as a point of reference when considering regulatory measures against other digital assets in the future.
XRP Technical Breakout Signals Bullish Momentum
In parallel with the legal outcome, finalization of the XRP lawsuit is also raising turbulence on the market. Today, XRP has recorded a 4.5% surge as per CoinMarketCap data. Furthermore, XRP has managed to break out of an extended falling wedge pattern on the daily chart. This is clearly as a strong green candlestick extends above the upper trendline resistance. Such a technical formation is usually regarded as bullish signals.
As of this writing, XRP is changing hands at $2.1913. The breakout indicates that the token might jump to a high of $3.00 in the upcoming sessions. Such a price target implies a 36.82% upside potential, corresponding to typical technical target.
This breakout not only signals the completion of a two-month decline but also indicates a fresh optimism in the XRP market after the legal certainty. Buyers are proving to be strong and the volume is rising, thus further supporting the bullish outlook.
XRP Price Outlook Before July
Should XRP rally further and break significant resistance points, the current price trend could translate into an extended bull run. The comeback of XRP follows recuperation of bullish momentum following the Ripple vs SEC lawsuit settlement and a broader market enthusiasm.
With July on the horizon, technical indicators and market sentiment shows that XRP is beginning to trend upwards. The price has already hurdled a considerable technical barrier and the next targets are psychological and technical resistances.
As the regulatory uncertainty is now out of the equation and a possible bull run is shaping up, XRP might attract investor attention in the next few weeks. However, this will partially be based on whether the bullish momentum remains intact in the wider crypto market as Iran-Israel war cools off.
#blockchain #crypto, #decentralized, #distributed, #ledger
