Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. The post Ripple Settles With SEC: Pays $50M, Case Nears Conclusion appeared first on Cryptonews.
While PumpSwap achieved record $426M volume, Raydium maintained dominance with 46.1% market share in Solana's competitive DEX landscape.
Was the legal victory only a brief reprieve?
Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.
BlackRock expands its $1.7B tokenized money market fund, BUIDL, to Solana, leveraging the blockchain's speed and low fees to enhance on-chain access to U.S. dollar yields and tokenized treasuries. The post BlackRock Expands BUIDL Fund to Include Solana (SOL) appeared first on Cryptonews.
Last week, pump.fun completed Solana's most consequential DEX launch in some time when it unveiled PumpSwap, an automated market maker for pump.fun token migrations.
Ripple Labs has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a reduced $50 million fine in a case that has been closely watched by the cryptocurrency industry.
The co-founder of a popular cryptocurrency took a swipe at Layer-2 cryptos, claiming that these rollups are only redundant and make blockchain scaling more complicated. Anatoly Yakovenko, co-founder of the Solana network, argued that Layer-1 solutions are sufficient without Layer-2 tokens which do not offer genuine, long-term benefits.
The SEC first sued Ripple Labs in 2020.
Nikita Bier joins Solana as advisor tasked with helping to select companies launch and grow their mobile apps.
Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.
Chicago Board Options Exchange (Cboe) filed on March 25 to trade a spot Solana (SOL) exchange-traded fund (ETF) issued by Fidelity through the registration of a 19b-4 form. The move comes four days after Fidelity registered a Solana fund in Delaware.
Ripple's Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple.
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.
Solana (SOL) price continues to display strong resistance to market fluctuations by maintaining its position above $140. The price of SOL increased by 15% over the past week following previous corrections that started earlier this month.
Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday.
On today's show, Solana's SOL token climbs as BlackRock expanded its $1.7 billion tokenized money market fund to the network. Plus, President Trump's crypto project World Liberty Financial launches a stablecoin, while Trump Media shares jump following an announcement of a deal with Crypto.com to launch ETFs and related products.
Ripple has agreed to pay the US Securities and Exchange Commission (SEC) a $50 million penalty and drop its cross-appeal in the regulator's lawsuit. In exchange, the SEC will ask for the lifting of an injunction that prohibits Ripple from selling XRP to institutions.
Are we back? Solana bounced hard the last seven days (March 19-25) as market optimism returned following the Trump administration's apparent softening approach to tariff negotiations.
Blackrock and Securitize launched a new share class of their BUIDL tokenized treasury fund on the Solana blockchain on March 25, 2025, as the fund's assets hit $1.7 billion and the total tokenized treasury market reached a record-setting $5 billion.
Ripple has dropped its appeal against the U.S. Securities and Exchange Commission after paying $50 million of the $125 million penalty tied to its long-running lawsuit, according to a detailed statement posted by Stuart Alderoty, Ripple's Chief Legal Officer. The remaining $75 million—held in an interest-bearing escrow account—is being returned to the company.
XRP trading activity remained subdued on Tuesday, holding steady after opening the week around $2.47.
The spectacular rise of Solana (SOL) by 8% this Monday, along with Bitcoin (BTC) nearing $90,000, illustrates the current volatility of the crypto market. However, this impressive momentum is closely linked to global economic developments, particularly the trade tensions caused by the United States, which weigh on the future of cryptocurrencies and investor confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Users of the Polymarket forecasting service can deposit funds via the Solana blockchain.
Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.
Either chain's integration to SWIFT ecosystem would open doors to a gigantic $150T market & instant bank payments.
Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty.
Ripple's legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine.
Ripple has decided not to cross-appeal, the firm's chief legal officer said, bringing the SEC's case quickly to a close.
Blockchain firm Ripple Labs' case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval.According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit.
The settlement's conclusion may set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post SEC vs Ripple set to end as $50M settlement and dropped appeals clear final steps appeared first on Crypto Briefing.
Ripple's CLO informed that the company will pay a minor fine.
Solana (SOL) is green on the day on reports that BlackRock is moving its blockchain-based money market fund onto the Ethereum (ETH) competitor's network. Fortune reports that the world's largest asset manager is adding its $1.7 billion BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to the Solana blockchain.
Cboe Exchange, which the ETF would be listed on, submitted a 19b-4 filing with the Securities and Exchange Commission on Tuesday.
But does the on-chain data back their conviction after months of decline?
Cboe BZX Exchange has officially filed form 19b-4 for a new Solana exchange-traded fund with the U.S. Securities and Exchange Commission.
Ripple has dropped its cross-appeal against the US Securities and Exchange Commission (SEC) following the latter's decision to drop its case against the crypto firm last week. The firm's Chief Legal Officer (CLO), Stuart Alderoty, also revealed what will happen with the $125 million penalty the Court awarded against them.
Cboe BZX Exchange, a US securities exchange, has requested permission to list a proposed Fidelity exchange-traded fund (ETF) holding Solana (SOL), according to March 25 filings. The request now sits with the US Securities and Exchange Commission, which must approve the filing before trading of the Fidelity Solana Fund can commence on the exchange.
Ripple will pay $50 million of the original $125 million fine, with the remainder returned from escrow.
Stuart Alderoty, chief legal officer at Ripple, has announced that the company's long-lasting legal battle with the U.S. Securities and Exchange Commission is finally over after more than four years.
A cryptocurrency researcher has come forth with a bold and troubling claim — dubbing XRP the ‘biggest financial scam the world has ever seen'.
It's time for a showdown between two of the most important cryptocurrencies in 2025. In one corner, XRP (XRP -0.68%) backed by Ripple, aims to revolutionize the traditional financial system with its blockchain-based payment alternative.
Solana (SOL) co-founder Anatoly Yakovenko doesn't think there's any reason to build layer-2s, which are protocols designed to help smart contract platforms scale.
Cboe has officially filed a 19b-4 form on behalf of mutual fund giant Fidelity to launch a Solana (SOL) exchange-traded fund (ETF) in the U.S.
Fidelity has entered the ring for a Solana fund after Cboe BZX Exchange Inc. filed an essential form on behalf of the firm.
Ripple CEO Brad Garlinghouse said the SEC has finally pulled the plug on a four-year legal fight.
The crypto market lost momentum on Tuesday, with Bitcoin price pulling back from this week's high of $89,000. Other altcoins like Ethereum (ETH) and Ripple (XRP) remained in a tight range.