SEC’s XRP reversal marks crypto industry victory ahead of SOL futures ETF launch: Finance Redefined

Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal battle with Ripple Labs. In another significant regulatory development, Solana-based futures exchange-traded funds (ETFs) have debuted in the US, a move that may signal the approval of spot Solana (SOL) ETFs as the “next logical step” for lawmakers. SEC’s XRP reversal a “victory for the industry”: Ripple CEO The SEC’s dismissal of its years-long lawsuit against Ripple Labs, the developer of the XRP Ledger blockchain network, is a “victory for the industry,” Ripple CEO Brad Garlinghouse said at Blockworks’ 2025 Digital Asset Summit in New York. On March 19, Garlinghouse revealed that the SEC would dismiss its legal action against Ripple, ending four years of litigation against the blockchain developer for an alleged $1 source: https://cointelegraph.com/news/sec-xrp-reversal-crypto-industry-victory-sol-futures-etf-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound