Ripple Closes Final Settlement with SEC as Lawsuit Ends
Portfolio Pulse from
Ripple has reached a final settlement with the SEC, agreeing to pay a $50 million penalty, significantly reduced from the initial $125 million. The 5-year lawsuit is concluding, with the SEC expected to lift the standard injunction on Ripple's operations. This development signals a shift from 'regulation through enforcement' and could positively impact XRP's market performance.
March 26, 2025 | 9:30 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The resolution of the SEC lawsuit could trigger positive market sentiment for XRP, with community expectations of significant price movement. Currently trading at $2.44, XRP has shown a modest 0.97% increase.
The lawsuit settlement removes a major regulatory overhang, potentially attracting more investors and improving market perception of XRP. The reduced penalty and potential ETF discussions could drive short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100