It’s been a pivotal year for the Ripple ecosystem, marked by significant launches and renewed regulatory optimism. That optimism comes despite an ongoing battle with the U.S. Securities and Exchange Commission that will soon stretch into its fifth year.
Nevertheless, XRP, a Ripple-linked asset, achieved prices not seen since 2018. In the process, it climbed back into the top three crypto assets by market cap—and now multiple asset managers have submitted filings to kick-start the regulatory process on an XRP ETF.
Dig into that and more in the year in XRP and Ripple.
Ripple and SEC keep sparring
It’s been nearly four years since the SEC alleged that Ripple held an unregistered securities sale, initiating a $1.3 billion lawsuit against the company.
A judicial ruling last year concluded sales of XRP to retail investors did not violate U.S. securities laws, a favorable ruling for Ripple. Yet the saga is still unfolding this year.
In October, the SEC filed an appeal contesting aspects of the previous year’s ruling, focused instead on XRP sales on digital a…
