Categories: Ripple

Ripple and SEC Agree to Postpone XRP Appeal — What It Means for Investors


  • The pause in Ripple’s legal battle with the SEC brings short-term uncertainty but opens the door to a potentially favorable settlement and increased investor confidence.
  • If the district court approves the reduced $50M settlement and lifts the injunction, XRP could see renewed momentum despite recent price stability.

In line with a recent prediction by Crypto News Flash (CNF) that the Ripple vs. SEC case could be postponed for another 60 days in case no new motion is filed before the June 16 deadline, as lawyer Bill Morgan has confirmed. Ripple and the U.S. Securities and Exchange Commission (SEC) have now agreed to delay their appeal until August 15, 2025.

According to a recent post by FOX Business journalist Eleanor Terrett, both sides filed a joint status report asking the appeals court to hold off while they wait for a decision from the district court. As detailed in her tweet:

https://twitter.com/EleanorTerrett/status/1934801304754282753?ref_src=twsrc%5Etfw” target=”_blank” rel=”noopener

The tweet from Eleanor Terrett on June 17, 2025, indicates that the SEC and Ripple Labs have jointly filed a status report with the Second Circuit Court of Appeals, requesting a continued pause on their appeals process pending a decision from the district court.

From Ripple’s point of view, as shared in their official tweet, the announcement by CEO Brad Garlinghouse stated that the SEC will abandon its appeal against Ripple. As remarked:

With today’s news, the war on crypto has ended in defeat for those who turned our own government against a technology and an entire industry… We are now closing a chapter in crypto history. I think we are all stronger for our prior litigation successes and today’s landmark victory.

What It Means for Investors

According to recent market reports, the current pause in this appeals process—pending a district court decision on a proposed $50 million settlement (reduced from $125 million) and the potential lifting of an injunction—creates uncertainty.

In the short term, investors face an inevitable waiting period, this might potentially until August 15, 2025, when the SEC must file another status report.

However, there is potential for a positive resolution. One could argue that if the district court approves the settlement, it could remove a significant regulatory overhang, thereby boosting investor confidence.

Impact on XRP Price

Referring to previous analysis by CNF, the circulated news of the settlement has not significantly impacted XRP’s price, which was previously at $2.12. Perhaps this is because investors recognize that both parties have jointly refiled their request for an indicative ruling—this time addressing the procedural flaws.

However, as to looking at the current context, at the time of writing, XRP seems to going on the low trading direction, with $2.20 USD, reflecting a 0.45% drop over the past day and 3.33% over the past week. See the XRP price chart below


Recommended for you:



Source link

Leah Fraser

Share
Published by
Leah Fraser

Recent Posts

Kanye West’s Instagram hacked and now follows fake YZY coin account

Key Takeaways Kanye West's Instagram account was reportedly hacked. The hack aimed to promote the…

16 minutes ago

Litecoin price forecast: what next as LTC drops to key support?

Litecoin trades near $112, just in the green on the day but at risk of…

18 minutes ago

What It’s Like to Work at a Body Farm

Somewhere out in the countryside, hidden behind a copse of trees, are fields full of…

27 minutes ago

[LIVE] Latest Crypto News, August 27 – Trump Media Invests in Crypto.com to Hold Billions in CRO Crypto – Best Altcoin To Buy Right Now?

Trump Media & Technology Group has announced a partnership with Crypto.com to form a new…

1 hour ago

Verily is closing its medical device program as Alphabet shifts more resources to AI

Alphabet’s life sciences arm Verily laid off staff and eliminated its entire devices program Monday.…

1 hour ago

Gemini Launches ETH and SOL Staking in the UK

Gemini has launched staking for ethereum ( ETH) and solana ( SOL) for users in…

2 hours ago