Ripple Labs, the firm behind the XRP cryptocurrency, has decided to withdraw its cross-appeal in its ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). This move is seen as a strategic step toward closing the long-standing case, which has significantly influenced crypto regulation discussions in the U.S. Ripple CEO Brad Garlinghouse stated that the company is now focused on growth and innovation rather than prolonged litigation. The outcome could serve as a landmark reference for future legal interpretations of digital assets.