After years of legal battles, the SEC has officially dropped its lawsuit against Ripple, marking a major victory for the company and the broader crypto industry.

Ripple CEO Brad Garlinghouse said Wednesday that the SEC is no longer pursuing its appeal in the case against the payments company.

As of March 21, XRP bounced after testing the triangle’s lower trendline, eyeing a rise toward the upper trendline— around the apex point at the $2.35 level—by April. The ultimate target for this possible breakout is $4.35 by June, up 75% from the current price levels.