Overview

• The U.S. Securities and Exchange Commission and Ripple Labs filed a joint notice in the Second Circuit on August 11 to drop all appeals and cover their own costs, formally closing the nearly five-year dispute over XRP sales.
• SEC Chair Paul Atkins and Commissioner Hester Peirce said the outcome allows the agency to reallocate resources from litigation toward creating a transparent regulatory framework for digital assets.
• XRP has traded in a tight range around $3.00 with intraday resistance near $3.335, and analysts warn that holding $3.27 support is critical for a potential move toward $3.60.
• Market commentators including John Squire and Versan Aljarrah have reignited long-term valuation debates, suggesting that XRP could serve as a $1,000-per-token settlement asset in a fully tokenized global economy.
• Observers note that XRP’s capped 100 billion supply and transaction burn mechanism underpin bullish outlooks, although reaching extreme price targets would require broad institutional adoption, increased liquidity and sustained regulatory clarity.