Overview
- Ripple and the SEC ended their yearslong dispute in August by dropping appeals, reinforcing a 2023 ruling that eased a major regulatory overhang.
- New spot XRP ETFs from multiple issuers gathered nearly $1 billion in net inflows by mid-December, with assets surpassing $1.25 billion later in the month.
- XRP is roughly 48% below its July all‑time high of $3.65, trading around $1.85–$1.90 in late December despite sustained ETF demand.
- Ripple’s RLUSD stablecoin grew to about $1.3–$1.4 billion, gained Singapore payment approvals, and operates alongside a conditional U.S. national bank charter with reserves at BNY Mellon.
- The company spent about $2.7 billion acquiring Hidden Road, GTreasury, Rail and Palisade, raised $500 million at a $40 billion valuation, and plans to put XRPL native lending to a validator vote in late January 2026.