Ripple has concluded its legal battle with the U.S. Securities and Exchange Commission (SEC) by agreeing to a $125 million settlement. As part of the agreement, XRP is officially recognized as a non-security in secondary markets, providing significant legal clarity for the cryptocurrency. The SEC has dropped its appeal, while Ripple has withdrawn its cross-appeal, marking the end of a protracted legal dispute. This resolution is seen as a step forward in aligning with U.S. efforts to counter the financing of terrorism and enhance liquidity in crypto markets. Following the settlement, XRP experienced a brief surge to $3 but has since stabilized, currently trading at $1.93.