- 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:
Translation: The @SECGov and @Ripple have filed a status report with the Second Circuit and are asking it to keep a pause on the appeals while waiting on a decision from the district court. https://t.co/YEeEjlt5yX
— Eleanor Terrett (@EleanorTerrett) June 17, 2025
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
