Ripple's Resurgence: XRP Soars After SEC Ruling Anniversary

Three years have passed since Judge Analisa Torres delivered her landmark ruling in favor of Ripple's XRP, distinguishing between tokens sold to institutional investors and those sold on public exchanges.

The decision, issued on July 13, 2023, cleared up regulatory uncertainty surrounding the asset and allowed major US exchanges like Coinbase, Kraken, and Gemini to relist it after previously suspending trading due to the SEC's lawsuit.

XRP saw a significant market reaction, soaring over 70% in a single day. It later staged a powerful rally in late 2024 and climbed above $3 in early 2025 before tapping a new all-time high in July that year.

Ripple continued expanding beyond XRP, launching its US dollar-backed stablecoin RLUSD in December 2024. The company also made several strategic partnerships and acquisitions, including partnering with African payments network Onafriq and acquiring global prime broker Hidden Road for $1.25 billion in April 2025.

XRP's entry into the US exchange-traded fund (ETF) market was another significant milestone, paving the way for institutional adoption. Several asset managers filed applications for spot XRP ETFs, which went live in late 2025 and dominated crypto ETF flows before recently suffering a setback.