Ripple and the SEC have officially dropped their appeals, signaling the conclusion of their legal battle over XRP.
XRP price surged after the news, with investors optimistic about Ripple’s global ambitions.
Ripple announced the withdrawal of its cross-appeal in the lawsuit with the SEC, while the SEC is expected to do the same, potentially ending the high-profile legal saga.
Ripple is now focusing on building the 'Internet of Value,' aiming to accelerate partnerships and expand international operations.