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🌙 XRP Jumps as Ripple CEO Brad Garlinghouse Says SEC 'Case Has Ended'

"I'm finally able to announce that this case has ended. It's over," Garlinghouse said in a video shared on his X account.

Crypto Roundup - March 19

​Ripple CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission (SEC) has dropped its appeal in the ongoing lawsuit against the company, effectively ending the four-year legal battle. In response, XRP's price surged by 13%, reaching nearly $2.56. In another development, the EOS Network has rebranded as Vaulta, reflecting its strategic shift towards integrating decentralized finance (DeFi) with traditional financial services. This rebranding includes a token swap and the establishment of a Banking Advisory Council to bridge DeFi with traditional finance. Additionally, a recent Coinbase survey reveals that 83% of institutional investors plan to increase their cryptocurrency allocations in 2025, with 68% citing greater regulatory clarity as a key factor for this anticipated growth. ​

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  • SEC drops appeal in Ripple lawsuit, ending four-year legal battle. ​

  • EOS Network rebrands as Vaulta, signaling a strategic shift towards Web3 banking solutions.

  • 83% of institutional investors plan to increase crypto allocations in 2025, according to a Coinbase survey.

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