The SEC Wednesday filed to appeal a 2023 court ruling that XRP is not considered a security when sold to retail investors on exchanges.

The Securities and Exchange Commission (SEC) has appealed a federal court's 2023 finding that sales of Ripple's XRP token to retail traders on crypto exchanges are not securities transactions.

XRP fell 10% as renewed regulatory uncertainty overshadowed ETF optimism.XRP's call-put skew shows fears of an extended price drop.XRP's {{XRP}}

The US Securities and Exchange Commission appealed a court decision ordering Ripple Labs Inc. to pay a $125 million civil penalty for improperly selling its XRP token, a fraction of the $2 billion the regulator sought in a long legal battle with the cryptocurrency company.

The SEC's recent appeal in the Ripple case puts the future of the XRP ETF and Ripple's market status in doubt.

Ripple (XRP) broke down from an ascending support trend line. The price also decreased under the $0.55 horizontal area. Is the correction over, or will

XRP, the native token of Ripple, experienced a significant decline of over 12% on Thursday, dropping to 51 cents per coin, following the US Securities and Exchange Commission’s (SEC) announcement to appeal a pivotal court ruling.