The SEC is appealing the 2023 ruling, focusing on Ripple’s sales practices and executive involvement, not XRP’s classification as a security.Ripple’s Chief Legal Officer clarified that the appeal does not directly challenge the 'not security' ruling.Ripple’s cross-appeal and the SEC’s remand request mean the case’s resolution is unlikely before 2025.XRP market showed positive response to the news, with a 4% increase in value during the peak.