XRP Price Surges 11% After SEC’s $1.3B Loss in Ripple Lawsuit— Is an XRP All-Time High Next?

On Wednesday, Ripple officially announced the end of the four-year legal battle with the Securities and Exchange Commission department. The Ripple SEC lawsuit started when the company was accused of illegally selling 1.3 billion worth of XRP. This was because the XRP token had not yet been registered as a security. The Ripple lawsuit was not the SEC’s only crypto-related legal battle, as other crypto companies were also sued. However, the cases related to Kraken, OpenSea, Binance, and Coinbase were all previously dropped or were put on pause. So, this marks the end of the SEC’s fight against crypto.

$150M Battle: One Crypto Giant Took on the SEC and Won

Stuart Alderoty,  Ripple’s Chief Legal Officer, commented on this development and stressed the importance of it. “Ripple stands alone as the company that fought back and won on essential legal questions, throwing a major wrench into the SEC’s plans to destroy crypto in the U.S. through enforcement.”. After the Ripple SEC lawsuit was dropped, there was an 11% XRP price surge. However, some community members are still not satisfied with these statements and have asked for an official announcement. So, until the SEC responds, there will still be doubt among XRP’s investors.

WE WANT AN ANNOUNCEMENT FROM THE SEC STATING THAT THEY HAVE DROPPED THE RIPPLE CASE, JUST LIKE THEY DID WITH EVERY OTHER CASE! #XRP

DROP A LIKE IF YOU AGREE! pic.twitter.com/3Gks0eNjQw

— JackTheRippler ©️ (@RippleXrpie) March 24, 2025

Two years ago, a federal judge disapproved the SEC’s claim by stating that XRP is not a security. However, the legal battle with the former SEC head, Gary Gensler, continued, costing Ripple $150 million. This was not just a win for Ripple but the start of a movement for the crypto industry. As the crypto community became more hopeful, Donald Trump’s flip on his crypto narrative also represented a new age. Trump used crypto’s popularity as a step to boost his own numbers and approval for the reelection. 

New Crypto Frontier: Trump Vision and SEC Transformation

Trump also gave a speech at the yearly Bitcoin conference. He stated, “laying out my plan to ensure that the United States will be the crypto capital of the planet and the bitcoin superpower of the world.”. With the reelection of a pro-crypto Donald Trump, the US government started changing its approach towards crypto. The latest example of this is the SEC’s meeting on Friday, which signalled a completely new approach towards digital assets. The leader of the crypto task force, Hester Peirce, is pushing to make SEC regulations engagement-focused rather than enforcement.

Crypto Wins Big: SEC Ends Controversial SAB 121 Rule

The new SEC leadership is creating a clear and secure framework for crypto platforms rather than only regulating them. Additionally, as a part of its pro-crypto reversal, the SEC has recently revoked the Staff Accounting Bulletin 121 rule. Bulletin 121 worked as an obstacle to the adoption of crypto by traditional institutions. This would force banks to record cryptocurrencies as liabilities when putting out their balance sheet. The head of the crypto task force celebrated this change by stating, “Bye-bye, SAB 121! It’s not been fun.”

Ripple’s Legal Triumph: Is an XRP All-Time High Next?

Based on the Ripple legal team’s argument, the SEC’s efforts were not meant to guard the law. Rather, the suit was used as an attack. This institution demanded information from other regulators who were working with Ripple; they also requested information from Ripple’s business partners. Ripple’s Chief Legal Officer also commented on the future of the crypto industry. “While this chapter is closed, the fight for clear, fair, and transparent crypto regulation continues,”. “Ripple will continue to lead that fight.”. With this hurdle cleared, the community is now expecting an XRP price surge, possibly leading to a new ATH.