The cryptocurrency world is buzzing with optimism as Ripple achieves a pivotal legal victory just as seismic shifts unfold at the U.S. Securities and Exchange Commission (SEC). With former SEC Chair Gary Gensler stepping down, the stage is set for a transformative era in digital asset regulation—and XRP is positioned right at the center of it all.
This landmark development not only strengthens Ripple’s legal standing but also fuels growing confidence in XRP’s market potential. As the price climbs past key resistance levels, investors and analysts alike are asking: Could this be the beginning of a major bull run?
Ripple Wins Key Ruling in Class Action Lawsuit
In a decisive move, the U.S. District Court ruled in favor of Ripple Labs Inc., granting a joint motion for entry of judgment and stay in the class action litigation known as XRP II LLC. The court found that defendants—Ripple and CEO Brad Garlinghouse—had demonstrated sufficient cause for the motion, which was unopposed by plaintiffs.
👉 Discover how regulatory clarity could unlock massive gains in the crypto market.
Judge Phyllis Hamilton authorized the entry of final judgment on several class claims, including:
- Violation of the Securities Act due to unregistered offers and sales of XRP
- Control person liability under federal securities law against Ripple and Garlinghouse
- Breach of the California Corporations Code regarding unregistered securities
- Control person liability under California law tied to XRP distribution
These rulings effectively dismiss core allegations that XRP is a security, reinforcing earlier precedents set by Judge Analisa Torres in the landmark 2023 decision. That ruling had already determined that XRP itself is not inherently a security when sold to retail investors on public exchanges.
Now, with this latest judgment, the legal foundation supporting XRP’s status as a non-security commodity continues to solidify. While appeals remain possible, the court emphasized there is “no just reason to delay entry of judgment,” signaling strong judicial confidence in the outcome.
Additionally, the court has stayed any further claims against Ripple until all appeals related to the class action are resolved—a procedural move that prevents overlapping litigation and maintains legal consistency.
Gensler’s Departure Sparks Regulatory Hope
The timing of this legal win could not be more significant. Gary Gensler, whose tenure at the SEC was marked by aggressive enforcement actions against major crypto firms—including Ripple—announced his resignation effective January 20, 2025. His departure coincides with the incoming presidential administration, raising expectations for a more balanced and innovation-friendly regulatory framework.
Under Gensler, the SEC pursued an expansive interpretation of securities law, often treating cryptocurrencies like traditional financial instruments. This approach created uncertainty across the industry and stifled innovation in the U.S. market.
Now, with new leadership expected at the SEC, many see an opportunity for clearer rules that recognize the unique nature of decentralized digital assets. For Ripple and XRP holders, this shift could mean fewer regulatory headwinds and greater institutional adoption.
👉 See how evolving regulations are reshaping the future of digital assets.
XRP Price Momentum Builds: What Analysts Are Saying
Market sentiment around XRP has turned decisively bullish. At the time of writing, XRP is trading around $1.60—a gain of over 6% in just 24 hours—and showing strong technical momentum.
Crypto analyst Mikybull Crypto recently declared on X (formerly Twitter) that “the move to $2 has begun,” suggesting that current price action indicates early stages of a major upward trend. He pointed to increasing volume and sustained support above critical moving averages as confirmation signals.
Another prominent voice, CrediBULL Crypto, believes XRP is aiming to reclaim its position among the top three largest cryptocurrencies by market capitalization. Before the SEC lawsuit began in 2020, XRP consistently ranked alongside Bitcoin and Ethereum in market cap standings.
With growing clarity on its regulatory status and expanding use cases in cross-border payments through RippleNet, many believe XRP is regaining lost ground—and then some.
Core Keywords Identified:
- XRP price
- Ripple lawsuit
- SEC regulation
- Gary Gensler resignation
- XRP legal status
- crypto market outlook
- Ripple Labs
- digital asset regulation
These keywords have been naturally integrated throughout the article to align with search intent while maintaining readability and depth.
Why This Moment Matters for Crypto Investors
This confluence of legal clarity, leadership change at the SEC, and rising investor confidence marks a turning point not just for Ripple, but for the entire crypto ecosystem. When regulators provide clear guidelines—and step back from adversarial stances—it opens doors for institutional investment, exchange listings, and broader financial integration.
For XRP specifically, the implications are profound:
- Banking partnerships may accelerate as compliance risks diminish
- Stablecoin integrations and CBDC collaborations via Ripple’s On-Demand Liquidity (ODL) service could expand globally
- Exchange relistings in previously cautious jurisdictions become more likely
All of these factors contribute to increased demand and network utility—key drivers of long-term value appreciation.
👉 Learn how macro shifts in policy could impact your crypto portfolio today.
Frequently Asked Questions (FAQ)
Q: Is XRP officially cleared as a non-security?
A: While no final appellate decision has been issued, multiple federal rulings—including Judge Torres’ 2023 judgment and this recent class action dismissal—have found that XRP sales to retail investors do not constitute securities offerings. These precedents strongly support its classification as a commodity.
Q: How does Gary Gensler’s resignation affect XRP?
A: Gensler’s departure removes a major source of regulatory hostility toward crypto. The incoming SEC leadership may adopt a more nuanced approach, potentially paving the way for clearer rules that benefit projects like Ripple.
Q: Can XRP really reach $2 or higher?
A: Technical indicators and market momentum suggest it's possible. Analysts cite strong support levels, rising trading volume, and improving sentiment as catalysts. However, macroeconomic conditions and broader market trends will also play a role.
Q: What’s next for Ripple legally?
A: The company awaits final resolution of appeals in the ongoing SEC case. Meanwhile, class action claims have been dismissed with judgment entered in Ripple’s favor—though appeals remain pending.
Q: How does this impact other cryptocurrencies?
A: A favorable outcome for Ripple sets a precedent that could protect other digital assets from being broadly classified as securities, promoting innovation and reducing legal uncertainty industry-wide.
Q: Where can I buy XRP safely?
A: Many global exchanges now list XRP following regulatory clarity. Always use reputable platforms with strong security measures and compliance standards.
Final Outlook: A New Chapter for XRP
Ripple’s latest legal victory—combined with shifting tides at the SEC—signals a powerful inflection point. The XRP price surge reflects more than short-term speculation; it represents growing faith in long-term viability.
As regulatory clouds lift and adoption grows, XRP stands poised to reclaim its place among the crypto elite. Whether you're a long-term holder or considering entry, now is the time to understand the forces shaping its future.
With momentum building and key hurdles falling away, the path forward looks brighter than ever for Ripple and its native digital asset.