Key Notes

Ripple (XRP) price rebounded 2% on Saturday, Aug 16, holding firm above the $3 support despite broader market weakness.

SEC and Ripple jointly moved to dismiss appeals in their $125 million case, awaiting final approval from the Court of Appeals.

The resolution will enforce Ripple’s penalty but uphold Judge Torres’ ruling that XRP is not a security in secondary trading.

XRP Price Holds $3 as Ripple–SEC Case Nears Final Resolution

Ripple (XRP) price climbed 2% on Saturday, August 16, stabilizing above the $3 support despite a sharp decline in broader market interest .

On Friday, XRP briefly tested 10-day lows near $3 as weaker-than-expected US PPI data triggered aggressive sell-offs across global financial markets. Crypto markets stabilized for a weekend recovery

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