XRP has surged after the SEC officially dismissed its lawsuit against Ripple fueling a 13% price jump within 24 hours.

XRP rallies after SEC drops lawsuit, with bullish DMI signals and record network activity driving price momentum.

Ripples Legal Victory Sparks Optimism for XRPs Future Ripples recent victory over the SEC on March 19, 2025, is a huge turning point after a court battle initiated in December 2020 when the SEC dropped the appeal

The Donald Trump administration has proven to showcase a softer stance on the crypto market, with lawsuits against Coinbase and other top firms now closed. However, the Ripple update marks the biggest bullish catalyst for the XRP price thus far this week.

The price of the XRP coin is up more than 8% after the CEO of cryptocurrency company Ripple said the U.S. securities watchdog has dropped its four-year-old case against the company

The price of the Ripple-linked XRP token jumped more than 10% Wednesday afternoon after Ripple Chief Executive Brad Garlinghouse said the Securities and Exchange Commission will withdraw its appeal of a previous ruling.