Daily Updates on Ripple (XRP) as of August 5th
In a significant development for the cryptocurrency market, the long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has come to an end. The two parties jointly dropped their appeals in August 2025, finalising a $125 million fine on Ripple and leaving in place a permanent injunction against further securities law violations related to institutional sales of XRP [1][2][3].
The 2023 district court ruling that XRP sales on public exchanges are not securities but institutional sales violated securities laws remains final with no further appeals [1][3]. This legal resolution ends a nearly five-year battle and significantly reduces regulatory uncertainty around XRP’s classification for retail investors. XRP’s price reacted positively, jumping around 5% immediately after the announcements, with price targets speculated to approach $4 due to the removal of lingering legal risks [2][5].
Regarding Ripple’s Liquidity USD stablecoin (RLUSD), there are no direct mentions in the search results linking this stablecoin’s status or price volatility explicitly to the Ripple/SEC case outcome. However, given the settlement and clarity on Ripple’s legal obligations—especially restrictions on institutional XRP sales—the regulatory environment for Ripple’s ecosystem, including RLUSD, is now more defined. This could reduce volatility risks stemming from legal uncertainty but may maintain some restrictions affecting institutional token sales and trading dynamics [1][3][5].
Meanwhile, other developments in the cryptocurrency market have been unfolding. Bybit is offering a $500 free position on any coin for new account registrations, while Binance is offering an exclusive welcome offer of $600 for new account registrations [6]. Moreover, Swiss AMINA Bank has become the first banking institution to support RLUSD directly, joining the ranks of BNY Mellon, the oldest US bank, which has agreed to serve as a custodian for RLUSD [7].
As for XRP's price movements, multiple analysts believe the valuation could head north soon. Crypto Rand, who is not an XRP fan, claimed the asset looks ready to explode. Meanwhile, X user CRYPTOWZRD expects to see more positive price action leading to a rally towards the $3.65 resistance target [5]. However, some factors suggest that XRP could witness another pullback in the short term, such as recent selling from whales and the formation of a "death cross" on the MVRV ratio [8].
In summary, the current status is a legally settled case providing clearer regulatory guidance, reducing XRP price volatility linked to litigation risks but maintaining limited restrictions on institutional token sales. The positive market reaction to the Ripple/SEC settlement, coupled with ongoing developments in the cryptocurrency market, suggests that the coming months could be an exciting time for XRP investors.
References:
- Ripple and SEC settle lawsuit, ending five-year battle
- XRP price jumps 5% after Ripple-SEC lawsuit settlement
- Ripple-SEC Settlement: What It Means for XRP and the Crypto Market
- Ripple to pay $125 million in SEC settlement, ending five-year legal battle
- XRP Price Analysis: XRP Ready to Explode?
- Bybit Offers $500 Free Position on Any Coin for New Account Registrations
- BNY Mellon to Custody Ripple's Stablecoin, RLUSD
- XRP Price Analysis: XRP Faces a Pullback
bitcoin's ongoing surge in the finance industry might lead some investors to explore other crypto assets, such as XRP, due to its recent legal resolution and positive market reaction. The clarity in XRP's regulatory standing could potentially attract institutional investors, given the defined regulatory environment within Ripple's ecosystem.
With Swiss AMINA Bank now directly supporting Ripple's Liquidity USD stablecoin (RLUSD) and Binance offering exclusive welcome bonuses, the cryptocurrency market's landscape is becoming more competitive, providing diverse investment opportunities for tech-savvy finance enthusiasts.
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