Ripple Concludes SEC Litigation – XRP Rises 4.4% in 24 Hours, Is $3.50 the Next Target?

Ripple has officially withdrawn its appeal in the protracted lawsuit against the U.S. Securities and Exchange Commission (SEC), marking a definitive conclusion to one of the most prominent regulatory conflicts in the cryptocurrency sector. The SEC is anticipated to also retract its appeal, allowing Judge Analisa Torres’ significant rulings from 2023 to remain intact.

#Ripple has officially concluded its #SEC legal battle yesterday — but this May 2025 filing still holds significance.
It reaffirms: #XRP is not classified as a security. pic.twitter.com/ubgLZpwbcI

— RippleXity (@RippleXity) June 28, 2025

In her final ruling, Judge Torres asserted that Ripple’s institutional XRP sales breached securities regulations, while affirming that sales on exchanges did not. Ripple CEO Brad Garlinghouse stated on X: “We’re closing this chapter once and for all.”

Legal analysts, including Bill Morgan, regarded this moment as a triumph for rationality and the wider cryptocurrency market.

Despite Ripple and the SEC proposing to reduce the penalty from $125 million to $50 million and to lift a permanent injunction, the judge declined these modifications. With the appeals now abandoned, the $125 million penalty remains in effect, and Ripple is permanently prohibited from future unregistered institutional XRP sales.

Key Legal Outcomes:

• XRP determined not to be a security in public exchange transactions
• Institutional sales continue to be restricted
• $125M civil penalty upheld
• Ripple can now concentrate on growth and partnerships

Market Reacts to Legal Closure

The resolution has enhanced sentiment within the XRP community, with traders pushing the token up by 4.4% in the last 24 hours to $2.19. Ripple’s legal chief Stuart Alderoty confirmed that XRP’s classification remains unchanged, reinforcing the asset’s utility in institutional finance and cross-border transactions.

This legal clarity offers Ripple the chance to broaden strategic applications for XRP, particularly in tokenized finance and enterprise payments. Analysts suggest that this resolution could rekindle institutional interest, especially as discussions regarding spot ETFs for XRP continue concurrently.

XRP Technical Setup Hints at Breakout

XRP’s 4-hour chart displays a symmetrical triangle formation, with prices consolidating beneath significant resistance at $2.21. A series of higher lows from the $1.99 level has established a rising support trendline, while the descending upper boundary continues to limit upward attempts.

XRP Price Chart – Source: Tradingview

A golden cross between the 50-EMA and 200-EMA indicates a bullish outlook, and the MACD histogram has shifted to green with a signal line crossover—early indicators of bullish momentum. A bullish marubozu candle formed at resistance suggests 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 pullback toward $2.14 could provide a second chance 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 exceeded the $1 million threshold in its public presale, accumulating $1,673,470 out of a $1,904,052 target. With only hours remaining before the price increases to the next tier, buyers can still secure $0.01205 per HYPER.

As the first Bitcoin-native Layer 2 utilizing the Solana Virtual Machine (SVM), Bitcoin Hyper introduces rapid, low-cost smart contracts to the BTC ecosystem. It combines Bitcoin’s security with SVM’s scalability, facilitating high-speed dApps, meme coins, and payments—all with minimal gas fees and seamless BTC bridging.

Audited by Consult, Bitcoin Hyper is designed for speed, trust, and scalability. Over 91 million $HYPER are already staked, with projected 577% APY post-launch rewards. The token also facilitates gas fees, dApp access, and governance.

The presale accepts both cryptocurrency and card payments, and thanks to Web3Payments, no wallet is required. Meme appeal meets genuine utility—Bitcoin Hyper could 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.