Have you made a round of XRP after five years of fighting the SEC?

After Ripple’s five years of legal battle with the US SEC, XRP is taking a major step, including taking part in a US-regulated spot ETF. Recent developments present a key turning point for both Ripple and Digital Asset XRP.

Five years of fighting the SEC are over

Last month, Ripple confirmed it had withdrawn its mutual appeal in the case of the SEC. The legal disputes that began in 2020 focus on whether XRP was offered as unregistered security. The recent withdrawal confirms the end of one of the most famous crypto cases in the United States.

Related: SEC V Ripple: How this payment process is going on

Ripple CEO Brad Garlinghouse shares the news on social media and now focuses on the most important things, including building a valuable internet.

In his remarks about the recent ruling from Judge Torres, Chief Justice Stuart Alderoby stressed that XRP’s legal status will not change. In particular, XRP ensured clarity of regulations from the courts in 2023, and the SEC did not challenge the ruling.

XRP earns entries into regulated spot ETFs

Legal procedures are slower, but XRP is moving forward in another respect. On July 1st, the SEC approved the Grayscale application and converted the Digital Large Cap Fund (GDLC) into a spot ETF. The fund is held by Bitcoin (80.4%), Ethereum (11.15%), XRP (4.8%), Solana and Cardano.

The GDLC ETF is currently listed on the NYSE ARCA and manages approximately $755 million in assets. This is the first time XRP has been included directly in regulated spot ETFs, showing a major milestone of assets and a wider acceptance in institutional finance.

Price movements show limited response

Despite aggressive legal and institutional developments, XRP’s market response remains curtailed. The token was spiked briefly to $2.30 following Ripple’s post-appeal withdrawal, but quickly retracted to a deal of nearly $2.22.

The technical indicator shows XRP trading within a symmetric triangle for several months. Major resistance remains between $2.30 and $2.35. This is the zone that caused repeated rejections. The XRP must exceed the resistance zone of $2.26-$2.28 to push towards $2.34 or $2.40. If it falls below $2.20, it could drop below $2.06.

What’s next for XRP?

Although Ripple’s lawsuit with the SEC has ended, XRP’s future could focus more on market structure and institutional adoption than legal consequences. The SEC is currently reviewing approximately 10 XRP Spot ETF applications from leading companies such as Grayscale and Franklin Templeton.

Related: Ripple’s legal exit sends XRP flights, but will they retain profits?

Given the presence of XRP in the newly approved GDLC ETF, analysts believe approval for the standalone XRP ETF is only a matter of time. The SEC deadline for approval is the last quarter of October 2025.