- Ripple and SEC file joint motion to pause all appeals, signaling a pending full settlement.
- XRP holds above $1.95 despite the historic legal development being priced in.
- Legal clarity could set precedent for broader crypto regulation and market recovery.
Ripple and the SEC have jointly filed to pause all ongoing appeals in their legal battle. This reveals an agreement-in-principle that could bring the four-year-long case to an end.
Despite the legal progress, XRP’s price action remains relatively muted. Trading just under $2, the token continues to hold above strong support levels near $1.90, with minor bullish signs.
XRP Poised for Lift-Off as Ripple and SEC Signal End to Legal Fight
The Ripple vs. SEC case, which began in December 2020, could finally reach closure. Both parties filed a joint request to stay further legal appeals, signaling significant movement toward a finalized agreement, pending SEC commissioner approval. Legal watchers believe this is a strong indicator that neither side wants to extend the courtroom drama further.
XRP’s price has shown resilience in recent weeks, hovering close to $2.00 and rebounding from lows around $1.72. While there’s no explosive rally yet, holding above the $1.90–$1.95 support range reflects growing market confidence. Investors believe that Ripple will emerge from this battle with increased regulatory clarity.
The joint motion not only hints at Ripple’s legal vindication but also opens doors for its U.S. market re-expansion. If XRP is formally recognized as not a security in secondary sales, this could lead to relisting on major American exchanges. It could also lead to potential integration with global financial systems that had paused collaboration.
Beyond XRP, this outcome might serve as a regulatory landmark for the entire crypto sector. If Ripple’s resolution is viewed as a blueprint for handling token classifications, it could shape how other blockchain projects and exchanges engage with U.S. regulators in the years ahead.
The Ripple-SEC settlement is more than just the end of a lawsuit. It’s a turning point for regulatory clarity in crypto, with XRP leading the next chapter.
“In the middle of difficulty lies opportunity.” – Albert Einstein