Ripple and SEC have finally settled the conflict

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The Crypto project Ripple has reached an agreement with the SEC (SEC). The XRP price has increased by more than 6% in the last 24 hours.

The court case between Ripple and SEC is over. The project must pay a fine of $50 million. Initially, the amount was $125 million. The remaining $75 million will be returned to the crypto startup.

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Ripple vs SEC

The legal battle between Ripple and the SEC, which lasted for several years, is officially closed. This is a historic event for the cryptocurrency industry. Now the crypto project, which has maintained financial stability throughout the proceedings, is ready to accelerate its growth.

Even before the full resolution of the conflict, Ripple began to actively expand. This was mainly facilitated by the administration of Donald Trump. It was his support that the crypto project received during the presidential elections in the USA. Last month, Ripple acquired the brokerage firm Hidden Road for a record $1.2 billion. The platform also attempted to acquire the issuer of the stablecoin USDC — Circle — for $5 billion. However, they refused the deal.

The resolution of the conflict with the SEC may finally determine the regulatory status of XRP. The conclusion of the lawsuit effectively indicates that the altcoin is a commodity, not a security. Securing such a status could significantly increase the chances of approval for spot exchange-traded funds (ETF) based on XRP. On Polymarket, the chances of these instruments appearing by the end of July 2025 are 39%.

XRP Reaction

In the last 24 hours, the price of XRP has jumped by 6.2%. According to CoinMarketCap, at the time of writing this material, the altcoin is trading at $2.31. The market capitalization of the asset is $136 billion — in this regard, it ranks fourth among the largest cryptocurrencies.

In the short term, further growth of the cryptocurrency is possible. However, the main price spike occurred earlier. If the SEC approves the XRP-ETF, it will mark a new stage for the altcoin and the crypto project.

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XRP2,62%
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