Ripple Drops Cross-Appeal in SEC Lawsuit

Ripple Labs has decided to withdraw its cross-appeal in its ongoing lawsuit with the SEC, filed with U.S. courts. The case focuses on XRP and whether it constitutes a security under U.S. law. The withdrawal represents a shift in Ripple’s legal strategy.

Ripple and the SEC are key players in this high-profile lawsuit that has garnered significant attention. With XRP’s classification under scrutiny, Ripple’s withdrawal aims to streamline the process. This move could influence XRP’s regulatory outcomes and market status.

Investors and analysts are closely monitoring XRP as Ripple’s withdrawal may affect long-term regulation. XRP data from CoinMarketCap on March 26, 2025, shows trading volume of $2.78 billion and a market cap of $142.92 billion, illustrating its robust presence.

XRP, currently valued at $2.46, has shown a recent increase of 0.37% in 24 hours. The cryptocurrency maintains a market dominance of 4.947% with a large circulating supply of over 58.15 billion. These data suggest ongoing interest and market resilience, according to CoinMarketCap.

Similar to past high-stakes crypto cases, Ripple’s action recalls past strategic adjustments in legal battles. Historical outcomes highlight how such adjustments can either expedite settlements or prolong litigation. Experts suggest consideration of this historical pattern.

Future scenarios for XRP may hinge on regulatory clarity from Ripple’s legal strategies. Based on historical data, favorable interpretations or settlements could potentially benefit XRP’s market position. Ripple’s ability to adapt could play a decisive role.