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The SEC and Ripple have jointly requested a pause on their ongoing appeals, awaiting a crucial indicative ruling from Judge Torres on their updated legal filing.
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This delay could extend Ripple’s dismissal efforts until 2026 if the ruling is not secured, while the SEC suggests a status update by August 2025 to monitor settlement progress.
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Despite legal uncertainties, XRP experienced a 2.8% price recovery recently, though it remains down 5.1% over the past month amid broader market pressures, according to COINOTAG sources.
SEC and Ripple pause appeals pending Judge Torres’ ruling; XRP faces legal hurdles and market volatility with a potential rally on the horizon.
Ripple vs. SEC: Appeals Suspended Pending Judge Torres’ Indicative Ruling
On June 16, both Ripple Labs and the US Securities and Exchange Commission (SEC) jointly filed a motion to hold their appeals in abeyance, signaling a strategic pause in the protracted legal battle. This move follows an updated filing addressing procedural concerns raised by District Judge Analisa Torres, who previously denied Ripple’s motion to lift the injunction due to insufficient demonstration of “exceptional circumstances” under Federal Rule of Civil Procedure 60(b). The recent submission now asserts these exceptional circumstances, aiming to persuade the court to reconsider.
The motion remains under Judge Torres’ review, with legal experts anticipating a decision imminently. Attorney Fred Rispoli indicated that a ruling could arrive before the end of the upcoming week, which would significantly influence the trajectory of the case. Both parties concurred that maintaining the appeals on hold is prudent until the court issues its indicative ruling, underscoring the importance of this judicial step in potentially expediting resolution.
Potential Delays and SEC’s Proposed Timeline for Settlement Updates
If Judge Torres declines to grant the indicative ruling, Ripple’s efforts to dismiss the case could face substantial delays, potentially pushing any further dismissal motions into 2026. This extension would prolong the uncertainty surrounding XRP’s regulatory status, impacting investor confidence and market dynamics. Meanwhile, the SEC has proposed submitting a status report by August 15, 2025, to inform the court of any developments in settlement negotiations, reflecting ongoing dialogue despite the litigation’s contentious nature.
This proposed timeline suggests that while immediate resolution remains elusive, both parties are engaged in procedural steps that could eventually lead to a settlement or judicial clarity. Market participants are closely monitoring these developments, recognizing their potential to reshape XRP’s legal and financial outlook.
XRP Market Performance Amid Legal Uncertainty and Macroeconomic Pressures
Over the past month, XRP has experienced a 5.1% decline, reflecting the combined impact of the ongoing SEC lawsuit and broader macroeconomic headwinds affecting the cryptocurrency sector. Despite these challenges, XRP demonstrated resilience with a recent 2.8% price rebound, trading at approximately $2.20 at the time of reporting. This modest recovery indicates that while legal uncertainties weigh heavily, market participants remain cautiously optimistic about XRP’s prospects.
The legal limbo surrounding XRP continues to be a critical factor influencing its price volatility. Analysts note that a favorable ruling or settlement could act as a catalyst for renewed investor interest and potential price appreciation. Conversely, prolonged litigation risks further dampening momentum, underscoring the importance of upcoming judicial decisions.
Legal Developments and Market Sentiment: What’s Next for XRP?
As the SEC vs. Ripple case progresses, market watchers emphasize the significance of Judge Torres’ forthcoming indicative ruling. A positive outcome could accelerate Ripple’s dismissal efforts, alleviating regulatory uncertainty and potentially unlocking value for XRP holders. Conversely, delays may prolong market apprehension, with ripple effects across related digital assets.
Investors are advised to monitor official court filings and status updates closely, as these will provide critical insights into the case’s direction. Additionally, broader market conditions, including regulatory trends and macroeconomic factors, will continue to influence XRP’s performance in the near term.
Conclusion
The joint request by the SEC and Ripple to pause appeals highlights a pivotal moment in the ongoing legal dispute, with Judge Torres’ indicative ruling poised to shape the case’s future trajectory. While XRP faces headwinds from both regulatory challenges and market volatility, recent price movements suggest cautious optimism among investors. Stakeholders should remain vigilant of upcoming court decisions and settlement updates, which will be instrumental in determining XRP’s regulatory status and market potential.
