币界网报道：Ripple CEO Brad Garlinghouse declared "a chapter closed" after the U.S. Securities and Exchange Commission (SEC) dropped its appeal against a federal court ruling that XRP is not a security when sold to retail investors. The SEC's voluntary dismissal of its interlocutory appeal in the Ripple case triggered a 5% price surge for XRP, briefly pushing it above $0.53 before settling around $0.52. This development follows Judge Analisa Torres' July ruling that programmatic XRP sales didn't constitute securities offerings, though she found institutional sales violated securities laws. While the SEC maintains other claims against Ripple pending trial next April, legal experts view the appeal withdrawal as significant for the broader crypto industry. Ripple's chief legal officer Stuart Alderoty noted this marks the third consecutive loss for the SEC in the case, following earlier defeats on Hinman documents and the motion to appeal. The resolution removes near-term regulatory uncertainty for XRP, though the SEC could still appeal after final judgment. Market analysts suggest the news reinforces XRP's legitimacy while potentially setting positive precedent for other altcoins facing similar regulatory scrutiny. Ripple executives indicate they're now focused on product development and global expansion rather than prolonged U.S. legal battles.