Ripple Settlement: $125 Million Fine Ends SEC Lawsuit, XRP Price Surge Anticipated

After years of legal battle, Ripple Labs has reached a settlement with the SEC, paying a $125 million fine to resolve the status of its cryptocurrency XRP. This outcome impacts both Ripple and broader crypto regulations. The SEC classified XRP as not a security for secondary trading, leading to a significant rise in XRP market activity, with trading volume surging up to 5-11%. Experts predict this decision may lead to new technological advancements as regulatory clarity emerges.