Ripple Has Finally Conquered the SEC Beast: Will XRP Price Trigger an Altcoin Bull Rally?
After almost four years of contention, the U.S. SEC concluded its legal dispute with Ripple, leading to a notable surge in XRP’s value. As reported by Coingecko, XRP has risen by nearly 7% in the last 24 hours, raising weekly gains to over 15%.
EXPLORE: Top New Cryptocurrencies to Consider in 2025
SEC Withdraws Case Against Ripple
The bull run was expected. By dropping the case and choosing not to appeal, the SEC has relieved XRP and Ripple from the heavy weight of regulation they had been facing from the strict agency.
This is it – the moment we’ve been anticipating. The SEC will not pursue its appeal – a clear win for Ripple, for cryptocurrency, in every respect.
The outlook is positive. Let’s innovate. pic.twitter.com/7WsD0C92Cm
— Brad Garlinghouse (@bgarlinghouse) March 19, 2025
In the lawsuit filed in December 2020, the U.S. SEC charged Ripple, a profit-driven entity utilizing XRP in various applications, with raising $1.3 billion unlawfully through an ICO by selling unregistered securities in XRP. Ripple refuted these allegations and has engaged in a four-year struggle against the relentless regulatory body.
With the case resolved, it represents a crucial turning point not just for Ripple but for the wider digital currency industry as well. If the SEC had prevailed, it would have established a precedent for categorizing digital assets—particularly those created by U.S. founders—as securities.
Under the Biden administration, the SEC aimed to regulate cryptocurrencies as securities instead of commodities. This strategy would place most tokens, including some of the top cryptocurrencies to invest in, under stricter financial regulations similar to those for stocks and ETFs.
The SEC also struggled to clarify whether Ethereum should be classified as a commodity or an unregistered safety, despite allowing a spot ETH ETF in July 2024. Without clear guidance, Ethereum has faced challenges gaining traction, lagging behind some of the most promising crypto presales to consider in 2025.
Nevertheless, under the incoming Trump administration, regulatory policies are rapidly evolving. Together with David Sacks, the new crypto and AI leader, the U.S. is aiming to foster a supportive atmosphere that stimulates cryptocurrency growth. Sacks has been acquiring Bitcoin since 2012, claiming it will become the “preferred form of currency over time.”
Trump’s crypto czar, David Sacks, discloses he’s been purchasing #Bitcoin since 2012.
He states Bitcoin is “money supported by math” and might evolve into the favored type of currency over time. pic.twitter.com/lyRurUeu30
— TFTC (@TFTC21) February 9, 2025
Following his campaign commitments, Trump has embraced a pro-cryptocurrency position. In the last three months, since Gary Gensler stepped down, the SEC has dropped lawsuits against several crypto entities and exchanges, including Robinhood and Coinbase.
Explore: 20+ Next Cryptocurrencies Expected to Explode in 2025
Is It Time to Build? Will XRP Surpass $3.4?
The dismissal of the case against Ripple signifies yet another victory for the sector, indicating a trend where crypto companies experience relief and can concentrate on expansion instead of spending funds on legal fees.
In a message on X, Brad Garlinghouse, CEO of Ripple, shared his relief, stating, “The case is closed—it’s finished.”
Bitnomial, a digital currency trading platform, is introducing the first-ever CFTC-approved XRP futures in the United States. This physically settled product commenced trading on March 20.
XRP futures have arrived!
Bitnomial is launching the first-ever CFTC-regulated $XRP futures in the U.S. — physically settled to create real crypto market effects. Plus, we’ve voluntarily dismissed our case against the SEC as regulatory clarity improves. pic.twitter.com/ARkSanjFNU
— Bitnomial (@Bitnomial) March 19, 2025
Several spot ETF applications are also pending approval. Speculators on Polymarket estimate an 83% likelihood that the first spot XRP ETF will be launched in the second half of 2025.
Bullish #XRP
— Amonyx (@amonbuy) March 20, 2025
On the daily chart, XRP is still popular upwards. However, prices are currently stuck in a consolidation phase, moving sideways after reaching $3.4 in January 2025.
The asset has established robust price floor at $2, and as long as investors and institutions keep accumulating, buyers may gain the momentum needed to push higher—potentially reaching new all-time highs.
As per Santiment, the number of whales possessing at least 1 million XRP—representing over $114 billion worth of the coin—has increased by 6.5% over the past two months. Simultaneously, XRP appears to be detaching from the “altcoin crowd.”
— Santiment (@santimentfeed) March 19, 2025
Accompanying this rise is an uptick in on-chain activity: new digital wallet engagements on the XRP Database soared 600% in March relative to earlier months, signaling growing interest.
Ripple-SEC Dispute Resolved, Will XRP Ignite An Alternative coin Surge?
- SEC Case Dropped: Lawsuit alleging Ripple’s $1.3 billion XRP ICO as unregistered securities concludes
- Pro-Cryptocurrency Shift: Trump’s administration and new crypto czar David Sacks loosen regulations, dropping SEC lawsuits against firms including Coinbase
- XRP Momentum: Whales increase by 6.5%, on-chain activity spikes by 600%, with XRP targeting $3.4 and ETF aspirations for H2 2025
The post Ripple Finally Defeated the SEC Dragon: Is XRP Price Set to Trigger an Alternative coin Price surge? appeared first on 99Bitcoins.
