Ripple has officially dropped its appeal in the long-running lawsuit with the U.S. Securities and Exchange Commission (SEC), signaling a decisive end to one of crypto’s most high-profile regulatory disputes. The SEC is widely expected to withdraw its appeal as well, allowing Judge Analisa Torres’ landmark rulings from 2023 to stand unchallenged. #Ripple officially ended its #SEC legal fight yesterday — but this May 2025 filing still matters. It reaffirms: #XRP is not a security. pic.twitter.com/ubgLZpwbcI — RippleXity (@RippleXity) June 28, 2025 In her final judgment , Judge Torres maintained that Ripple’s institutional XRP sales violated securities laws but confirmed that exchange-based sales did not. Ripple CEO Brad Garlinghouse wrote on X: “We’re closing this chapter once and for all.” Legal experts, including Bill Morgan, hailed the moment as a victory for common sense and the broader crypto market. Although Ripple and the SEC proposed reducing the penalty from $125 million to $50 million and lifting a permanent injunction, the judge rejected these changes. With the appeals now abandoned, the $125 million fine remains, and Ripple is permanently barred from future unregistered institutional XRP sales. Key Legal Outcomes: XRP ruled not a security in public exchange sales Institutional sales remain restricted $125M civil penalty confirmed Ripple can now focus on growth and partnerships Market Reacts to Legal Closure The resolution has lifted sentiment in the XRP community, with traders bidding the token higher by 4.4% in the past 24 hours to $2.19. Ripple’s legal chief Stuart Alderoty confirmed that XRP’s classification remains unchanged, which reinforces the asset’s utility in institutional finance and cross-border payments. This legal clarity provides Ripple with the opportunity to expand strategic use cases for XRP, particularly in tokenized finance and enterprise payments. Analysts believe this finality could reignite institutional interest, especially as spot ETF conversations around XRP continue in parallel. XRP Technical Setup Hints at Breakout XRP’s 4-hour chart reveals a symmetrical triangle pattern, with price coiling under key resistance at $2.21. A series of higher lows from the $1.99 level has formed a rising support trendline, while the descending upper boundary continues to cap upside attempts. XRP Price Chart – Source: Tradingview A golden cross between the 50-EMA and 200-EMA confirms a bullish bias, and the MACD histogram has turned green with a signal line crossover—early signs of bullish momentum. A bullish marubozu candle printed at resistance indicates that buyers are testing supply levels. Trade Setup: Entry: Long above $2.215 (confirmed breakout) Target 1: $2.288 Target 2: $2.338 Stop-loss: Below $2.139 (EMA confluence + trendline support) If resistance holds, a retracement toward $2.14 could present a second opportunity for bulls to re-enter with a favorable risk-to-reward ratio. A confirmed breakout could accelerate toward the psychological $2.50 level, with $3.50 possible in a broader rally. Bitcoin Hyper Presale Surges Past $1.6M—Layer 2 Just Got a Meme-Sized Boost Bitcoin Hyper ($HYPER) has smashed through the $1 million mark in its public presale, raising $1,673,470 out of a $1,904,052 million target. With just hours left before the price jumps to the next tier, buyers can still lock in $0.01205 per HYPER. As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper brings fast, low-cost smart contracts to the BTC ecosystem. It merges Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with cheap gas fees and seamless BTC bridging. Audited by Consult, Bitcoin Hyper is engineered for speed, trust, and scale. Over 91 million $HYPER are already staked, with estimated 577% APY post-launch rewards. The token also powers gas fees, dApp access, and governance. The presale accepts crypto and cards, and thanks to Web3Payments, no wallet is needed. Meme appeal meets real utility—Bitcoin Hyper might be Layer 2’s breakout star of 2025. The post XRP Price Prediction: Ripple Ends SEC Lawsuit – Up 4.4% in 24h, Is $3.50 Next? appeared first on Cryptonews .
