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

Investors await the SEC filing for details of its appeal. Price trends will likely hinge on speculation about the SEC’s appeal strategy and the court filing. If the SEC appeals the Programmatic Sales of XRP ruling, XRP could drop toward $0.40.

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}}

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.