Ripple (XRP) is undoubtedly one of the strongest cryptocurrency tokens to exist in the market today. The token is part of the ETF race and has fought its way through to reach the high spot that it’s currently at today. Now, a new development has come to light, where the US SEC and Ripple have come to a conclusion, wrapping up ends, to move ahead to a new chapter. Will this final settlement help XRP surge in price as it’s now free to explore new horizons and crypto trends?
Also Read: Ethereum Pectra Upgrade Price: ETH Surges 18% to $2,200
SEC vs. Ripple: Final Settlement Details
The four-year-long, cumbersome US SEC vs. Ripple case has finally come to its conclusion. A new SEC order has arrived, indicative of how both parties have decided to arrive at a consensus, a settlement, after spending years in a heated legal spat. Per a recent post by XRP enthusiast Marty Party, both parties are now seeking an indicative ruling to terminate the injunction against Ripple and “release $125 million in escrowed civil penalties.”
Breaking: #SEC @Ripple case is closed.
A joint motion filed by @Ripple and the #SEC in the U.S. District Court for the Southern District of New York indicates that the parties have reached a settlement agreement and are seeking an indicative ruling to terminate the injunction… pic.twitter.com/PB0qEUWYnO
— MartyParty (@martypartymusic) May 8, 2025
This news was also confirmed by Eleanor Terrett, stating how Ripple will pay $50M of the original $125 million in penalty. The rest of the funds will be returned to them, marking an end to this tumultuous legal case.
Also Read: De-Dollarization: JP Morgan’s Latest Warning on US Dollar’s Overvaluation & Downfall
🚨JUST IN: The @SECGov has announced a settlement with @Ripple, @bgarlinghouse, and @chrislarsensf“. The parties have agreed that Ripple will pay $50M of the original $125M penalty. With the rest being returned to them. Both sides will drop appeals if the court agrees to lift the injunction placed on Ripple.”
🚨JUST IN: The @SECGov has announced a settlement with @Ripple, @bgarlinghouse and @chrislarsensf.
The parties have agreed that Ripple will pay $50M of the original $125M penalty, with the rest being returned to them.
Both sides will drop appeals if the court agrees to lift… pic.twitter.com/7rAEzFFJ5z
— Eleanor Terrett (@EleanorTerrett) May 8, 2025
This development is certainly bullish for Ripple, as the token is now truly free to pursue its own independent path. The token is already making credible headwinds in the ETF and stablecoin domain, helping XRP maximize its influence to reach the top of the radar.
How High Can The Token Rise Now?
Per ChatGPT, XRP may surge to $3 to $3.80 in a comprehensive relief rally.
Rising institutional interest may help the token spike to $4 to $5. At the same time, Ripple’s aggressive onboarding of new banks and partnerships can help the token claim $6 to $8 gradually.
Additionally, the token can also hit $10 to $12 in a long-term scenario, driven by FOMO and ETF narratives.
Also Read: China-Russia Anti-Dollar Alliance: Xi Condemns ‘Hegemonic Bullying’
Credit: Source link
