Ripple’s XRP price witnessed a significant 11% surge, reaching $2.52, following Ripple CEO Brad Garlinghouse’s revelation that the Securities and Exchange Commission (SEC) has dropped its appeal in the legal dispute with the company. This development comes after a prolonged legal tussle spanning almost four years, where Ripple faced accusations of breaching securities regulations. Garlinghouse expressed his discontent with the SEC’s handling of the situation, highlighting the perceived flaws in the regulatory system. The news of the SEC’s decision has sparked positive momentum for XRP, attracting the attention of investors and enthusiasts. With this recent turn of events, XRP’s future trajectory and market performance are closely monitored by stakeholders. The cryptocurrency landscape in India and globally is likely to be influenced by these developments, as regulatory clarity continues to play a crucial role in shaping the industry. Stay tuned for further updates on XRP and Ripple as the situation unfolds.