Ripple Labs and the U.S. Securities and Exchange Commission have ended their nearly five-year legal dispute by withdrawing their appeals in the XRP lawsuit. Both parties submitted a Stipulation of Dismissal to the Second Circuit Court of Appeals, formally concluding the case.

Following the news, XRP’s price rose, breaking through an intraday resistance level of 3.10000. It currently trades near 3.38000, indicating possible upward movement towards 3.50000.

Court Ruling Upheld

The court’s 2023 ruling by Judge Analisa Torres now stands as final. The decision confirmed that XRP sales on public exchanges are not securities. However, sales to institutional investors are classified as securities. Ripple must pay a $125 million civil penalty and is subject to an injunction against unregistered securities sales.

You may find it interesting at FinanceMagnates.com: XRP Trades Near $3 Again; SBI Plans Japan’s First Bitcoin‑XRP ETF.

🚨 JUST IN: SEC and Ripple jointly dismiss appeals, ending their 5-year legal fight. pic.twitter.com/tLkDf3a9K9

— Cointelegraph (@Cointelegraph) August 7, 2025

Implications for Ripple and the Industry

This outcome removes a major legal uncertainty for Ripple and XRP. It may support wider institutional use and further development of XRP-based financial products. The case also provides a reference point for regulators in handling digital assets in the future.