SEC's XRP reversal a ‘victory for the industry': Ripple CEO

The US Securities and Exchange Commission's dismissal of its years-long lawsuit against Ripple Labs, the developer of the XRP XRP - $2.103 Ledger blockchain network, is a “victory for the industry,” Ripple CEO Brad Garlinghouse said at Blockworks' 2025 Digital Asset Summit in New York.Earlier on March 19, Garlinghouse revealed that the SEC would dismiss its legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1.3-billion unregistered securities offering in 2020. “It feels like a victory for the industry and the beginning of a new chapter,” Garlinghouse said on March 19 at the Summit, which was attended by Cointelegraph.

Source: cointelegraph.com

Related symbols: XRPUSD

2025-03-19 17:44:02 GMT.

Link to source Join our Telegram channel

Price & Market Data

Price: $2.103

Volume 24h: $5,546,062,437.17

Market Cap: $122,580,569,776.90

Description

XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,986,277,500 with 58,274,974,538 in circulation. The last known price of XRP is 2.12838977 USD and is up 6.26 over the last 24 hours. It is currently trading on 1574 active market(s) with $5,511,968,296.74 traded over the last 24 hours. More information can be found at https://xrpl.org/.