Global #Ripple

Following the resolution of the Securities and Exchange Commission (SEC) case against Ripple, XRP is showing signs of a potential major price rally.

The long-running legal dispute between Ripple and the SEC has concluded after both parties filed a joint motion to dismiss their appeals on August 7.

According to Nate Geraci, President of NovaDius Wealth Management, BlackRock is expected to file for a spot XRP ETF once the legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) is fully resolved.

Galaxy Digital, the financial services firm led by Mike Novogratz, has disclosed a significant investment in both the XRP token and Ripple Labs, the company behind it.

South Korean crypto custodian BDACS has launched regulated institutional custody for XRP, fulfilling a key part of its partnership with Ripple.

The long-running legal battle between Ripple and the SEC is facing new delays, leading to growing frustration among crypto experts and legal analysts.