Breaking: XRP Surges by 15% – Here is Why XRP Is Suddenly Rising

The price of XRP has suddenly spiked by almost 15% within the last two hours. This comes following an announcement by Ripple CEO, Brad Garlinghouse, that the long-running court battle between the blockchain company and the Securities and Exchange Commission (SEC) has finally ended.

Garlinghouse’s announcement immediately sent a wave of excitement across the XRP community as its members began to extend congratulatory messages to Ripple. The lawsuit between Ripple and the SEC was one of the most defining cases in crypto history.

Following an allegation by the SEC under Gensler, the Commission filed the lawsuit, accusing Ripple of offering unregistered securities in XRP to investors. However, during the course of the battle, the court clarified XRP’s status, asserting that XRP in itself is not a security, but that Ripple’s offer of XRP to institutional investors constituted an investment contract.

The double-faced court ruling led to an appeal by the SEC, challenging the programmatic sales of the coin to retail investors. The next court date would have been April 16, when Ripple was expected to submit its opening brief, however, this landmark victory now puts an end to the entire case.

This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it.

The future is bright. Let’s build. pic.twitter.com/7WsD0C92Cm

— Brad Garlinghouse (@bgarlinghouse) March 19, 2025

Following the announcement, XRP now trades at $2.5, representing a 14% increase at the time of writing.

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