{"id":150879,"date":"2025-02-19T19:21:26","date_gmt":"2025-02-19T17:21:26","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=150879"},"modified":"2025-02-19T15:45:59","modified_gmt":"2025-02-19T13:45:59","slug":"xrp-news-today-first-major-sign-that-sec-may-soon-drop-ripple-lawsuit","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-news-today-first-major-sign-that-sec-may-soon-drop-ripple-lawsuit\/","title":{"rendered":"XRP News Today: First Major Sign That SEC May Soon Drop Ripple Lawsuit"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Analysts see this as a change in regulatory stance, suggesting XRP\u2019s legal hurdles could be easing.<\/span><\/p>\n<hr>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><em><strong>This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. <\/strong><\/em><\/span><\/p>\n<hr>\n<p><span style=\"font-weight: 400;\">Meanwhile, <\/span><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain ($PLUTO)<\/span><\/a><span style=\"font-weight: 400;\">, a hybrid Layer-2 network, could enhance Bitcoin by enabling faster transactions, lower fees, and DeFi compatibility.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s check out the deets.\u00a0<\/span><\/p>\n<h2><b>XRP News Today: Could the SEC Be Preparing to End Its Case Against Ripple?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The XRP community has noticed a key development that could signal the nearing end of Ripple\u2019s four-year battle with the U.S. SEC. Optimism has grown after the SEC <\/span><a href=\"https:\/\/x.com\/EleanorTerrett\/status\/1890182783730888827\" rel=\"nofollow\"><span style=\"font-weight: 400;\">showed willingness to consider XRP ETFs<\/span><\/a><span style=\"font-weight: 400;\">, leading some to believe the lawsuit may no longer be a major obstacle.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A significant step came when the SEC acknowledged Grayscale\u2019s application for an XRP ETF. On Thursday, the agency officially recognized NYSE\u2019s request to list the ETF, marking the first stage of the approval process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bloomberg analyst <\/span><a href=\"https:\/\/x.com\/JSeyff\/status\/1890163448857932059\" rel=\"nofollow\"><span style=\"font-weight: 400;\">James Seyffart<\/span><\/a><span style=\"font-weight: 400;\"> pointed out that previous SEC leadership would have likely dismissed the application, referencing a similar rejection for Solana in December. He believes this slightly boosts the chances of approval.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crypto analyst and entrepreneur <\/span><a href=\"https:\/\/x.com\/james_six8jay\/status\/1884956384560910439\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Six8Jay<\/span><\/a><span style=\"font-weight: 400;\">, posted on X that they believe that $10 XRP is a reality and that XRP could explode once the SEC vs Ripple case is settled.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/?attachment_id=150880\" rel=\"attachment wp-att-150880\"><img decoding=\"async\" class=\"alignnone size-full wp-image-150880\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/pluto120395.png\" alt=\"\" width=\"592\" height=\"277\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/pluto120395.png 592w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/pluto120395-300x140.png 300w\" sizes=\"(max-width: 592px) 100vw, 592px\"><\/a><\/p>\n<h2><b>How PlutoChain\u2019s Hybrid L2 Approach May Improve Bitcoin With Faster Transactions, Lower Fees, and Better Compatibility<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Bitcoin remains the leading cryptocurrency, but slow transactions, high fees, and congestion have long been challenges. While networks like Ethereum and Solana have introduced solutions to improve speed and scalability, Bitcoin\u2019s infrastructure has changed little over the years.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain ($PLUTO)<\/span><\/a><span style=\"font-weight: 400;\">, a hybrid Layer-2 network, may offer a way to enhance Bitcoin\u2019s efficiency by potentially bringing faster transactions, reducing costs, and allowing better interaction with other blockchains.<\/span><\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/xrp-price-prediction-is-6-the-next-target-after-ripples-latest-banking-deals\/plutochain-f2133f12\/\" rel=\"attachment wp-att-149462\"><img decoding=\"async\" class=\"alignnone size-full wp-image-149462\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-f2133f12.png\" alt=\"\" width=\"602\" height=\"343\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-f2133f12.png 602w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-f2133f12-300x171.png 300w\" sizes=\"(max-width: 602px) 100vw, 602px\"><\/a><\/p>\n<p><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain <\/span><\/a><span style=\"font-weight: 400;\">could help ease congestion by handling block times off-chain before finalizing them on Bitcoin\u2019s main network. With block times of just two seconds compared to Bitcoin\u2019s 10 minutes, it may make payments faster and more practical for daily use.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lower fees could also make Bitcoin more accessible for smaller transactions. Its <\/span><a href=\"https:\/\/ethereum.org\/en\/developers\/docs\/evm\/\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Ethereum Virtual Machine (EVM) compatibility<\/span><\/a><span style=\"font-weight: 400;\"> might let developers bring DeFi apps, NFT marketplaces, and AI-based projects into the Bitcoin ecosystem, potentially expanding its role beyond a store of value.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Early tests suggest <\/span><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain <\/span><\/a><span style=\"font-weight: 400;\">can handle high transaction volumes, reportedly processing 43,200 transactions in a single day without issues.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/xrp-price-prediction-is-6-the-next-target-after-ripples-latest-banking-deals\/plutochain-11f21f12\/\" rel=\"attachment wp-att-149463\"><img decoding=\"async\" class=\"alignnone size-full wp-image-149463\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-11f21f12.png\" alt=\"\" width=\"1600\" height=\"766\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-11f21f12.png 1600w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-11f21f12-300x144.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-11f21f12-1024x490.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-11f21f12-768x368.png 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-11f21f12-1536x735.png 1536w\" sizes=\"(max-width: 1600px) 100vw, 1600px\"><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Security remains a focus, with audits from firms like <\/span><a href=\"https:\/\/app.solidproof.io\/projects\/plutochain\" rel=\"nofollow\"><span style=\"font-weight: 400;\">SolidProof<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/github.com\/Quillhash\/QuillAudit_Reports\/blob\/master\/PlutoChain%20Smart%20Contract%20Audit%20Report%20-%20QuillAudits.pdf\" rel=\"nofollow\"><span style=\"font-weight: 400;\">QuillAudits<\/span><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/content.assuredefi.com\/verified-package-1\/pluto-chain\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Assure DeFi<\/span><\/a><span style=\"font-weight: 400;\">. Additionally, <\/span><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain\u2019s <\/span><\/a><span style=\"font-weight: 400;\">governance model allows the community to participate in key decisions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With its potential for faster speeds, lower fees, and cross-chain compatibility, <\/span><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain <\/span><\/a><span style=\"font-weight: 400;\">may provide the tools needed to make Bitcoin more efficient, scalable, and useful for a broader range of applications.<\/span><\/p>\n<p><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"attachment wp-att-149839 nofollow\"><img decoding=\"async\" class=\"alignnone size-full wp-image-149839\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-banner-as.png\" alt=\"\" width=\"1022\" height=\"115\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-banner-as.png 1022w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-banner-as-300x34.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2025\/02\/plutochain-banner-as-768x86.png 768w\" sizes=\"(max-width: 1022px) 100vw, 1022px\"><\/a><\/p>\n<h2><b>The Bottom Line<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">As the SEC\u2019s stance on XRP appears to shift, the possibility of a resolution to its lawsuit against Ripple is growing. An XRP ETF approval could further validate the asset and open new opportunities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the same time, <\/span><a href=\"https:\/\/www.plutochain.io\/?utm_source=1362&amp;utm_medium=cryptodnes&amp;utm_campaign=xrp+news+today%3A+first+major+sign+that+sec+may+soon+drop+ripple+lawsuit+1362&amp;utm_id=1362\" rel=\"nofollow\"><span style=\"font-weight: 400;\">PlutoChain\u2019s<\/span><\/a><span style=\"font-weight: 400;\"> advancements could revolutionize Bitcoin\u2019s efficiency, potentially making it more practical for everyday use. It may bridge the gap between Bitcoin and the DeFi ecosystem.\u00a0<\/span><\/p>\n<hr>\n<p style=\"text-align: center;\"><span style=\"text-decoration: underline;\"><em><strong>This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.<\/strong><\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The SEC\u2019s recent acknowledgment of an XRP ETF application has brought optimism that its lawsuit against Ripple may soon end.<\/p>\n","protected":false},"author":3,"featured_media":150881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[54],"tags":[72,424,294,271,384,266,223],"coin_category":[],"class_list":["post-150879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pressrelease","tag-bitcoin","tag-crypto","tag-etf","tag-ethereum","tag-optimism","tag-solana","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XRP News Today: First Major Sign That SEC May Soon Drop Ripple Lawsuit<\/title>\n<meta name=\"description\" content=\"The SEC\u2019s recent acknowledgment of an XRP ETF application has brought optimism that its lawsuit against Ripple may soon end.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP News Today: First Major Sign That SEC May Soon Drop Ripple Lawsuit\" \/>\n<meta property=\"og:description\" content=\"The SEC\u2019s recent acknowledgment of an XRP ETF application has brought optimism that its lawsuit against Ripple may soon end.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-19T17:21:26+00:00\" \/>\n<meta property=\"og:image\" 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