The Ripple and SEC legal battle over XRP is nearing a key resolution, with a swift court ruling expected that could shape the future of U.S. crypto regulation.
Ripple and SEC Judge’s Ruling Expected Soon
A quick ruling from the judge could clear the way for a settlement. Legal expert Bill Morgan says Judge Analisa Torres is likely to decide before August 15, 2025.
On June 12, Ripple and the SEC asked the judge to remove an old court order (an injunction) that limits Ripple’s XRP sales. The SEC also asked the appeals court to pause the case for 60 days, which was granted.
Morgan says some people blame the SEC for delays, but it’s Ripple that has slowed things down. Ripple wants the injunction lifted before agreeing to a full settlement, and the SEC is helping with that process.
What Happened So Far and What’s Next
Ripple agreed to settle on April 23, 2025, and the SEC signed off on May 8. They first asked the judge to allow the settlement, but their request was rejected for not following the correct legal steps. They fixed the issue and refiled their motion properly on June 12.
Now, Judge Torres needs to give a signal (called an “indicative ruling”) that she agrees. Then Ripple and the SEC can ask the appeals court to return the case to her, so she can officially end the injunction and approve a reduced $50 million fine. If that happens, the appeal will be dropped, and the case will be closed.
Meanwhile, blockchain analytics firm Glassnode says XRP has jumped past $2, giving early investors over 300% gains since the rally began in November 2024.
They called it one of the strongest price moves among top cryptocurrencies. Glassnode also noted that many investors are now taking profits. This shows rising confidence and fresh interest in XRP.
