One of crypto’s longest-running courtroom dramas has finally wrapped up, and markets are reacting fast. The U.S. Court of Appeals for the Second Circuit has officially closed the book on the legal fight between the Securities and Exchange Commission (SEC) and Ripple Labs, with both sides agreeing to drop their appeals.
For XRP, it was an instant boost. The token jumped 9% on the news, as traders welcomed the end of years of uncertainty. The original case hinged on whether XRP sales were “securities”, and a key 2023 ruling found they weren’t when sold to the public on exchanges. That decision still stands, giving Ripple a partial but meaningful win.
While the case was about XRP, the mood across the market has lifted. Clearer legal lines are good news for all kinds of digital assets, especially those built on solid foundations. Gold and silver-backed tokens like AUS and AGS, with fully verified reserves and transparent structures, are well placed to benefit from a more confident market.
The takeaway? Crypto is growing up. As regulation evolves, the projects with real backing and clear value propositions are the ones most likely to thrive.
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