Ripple’s legal fight with the SEC is ongoing, with a key deadline on August 15.
A 2023 court ruling split XRP sales into securities and non-securities categories.
XRPUSD breached the $3 level earlier today. The
cryptocurrency hovered around this level briefly before moving higher. At the
time of writing, it remains well above this psychological threshold.
The price movement comes as attention remains focused on
Ripple’s legal dispute with the U.S. Securities and Exchange Commission. The
case, now in its fifth year, has not yet reached a final resolution.
Appeal Withdrawal and Upcoming SEC Deadline
Ripple recently withdrew its appeal related to the case. The
SEC has not done the same. Legal expert Bill Morgan noted that while the SEC is
not required to take formal action, the agency is expected to update the
appellate court by August 15, 2025.
That update could involve a withdrawal, a request for more
time, or another procedural step.
Despite the unresolved legal status, XRP has seen renewed
interest. Market participants cite the 2023 ruling as a source of partial
regulatory clarity. The token’s use in cross-border payments and speculation
around a possible spot ETF have also drawn attention.
DeepSeek AI predicts XRP
may trade between $3.50 and $5.00 by the end of 2025. The forecast assumes
a 70% chance of a favorable Ripple legal outcome, supporting investor
confidence and institutional adoption. Broader market factors, including
Bitcoin’s performance, also influence XRP’s price outlook.
XRPUSD breached the $3 level earlier today. The
cryptocurrency hovered around this level briefly before moving higher. At the
time of writing, it remains well above this psychological threshold.
The price movement comes as attention remains focused on
Ripple’s legal dispute with the U.S. Securities and Exchange Commission. The
case, now in its fifth year, has not yet reached a final resolution.
Appeal Withdrawal and Upcoming SEC Deadline
Ripple recently withdrew its appeal related to the case. The
SEC has not done the same. Legal expert Bill Morgan noted that while the SEC is
not required to take formal action, the agency is expected to update the
appellate court by August 15, 2025.
That update could involve a withdrawal, a request for more
time, or another procedural step.
Despite the unresolved legal status, XRP has seen renewed
interest. Market participants cite the 2023 ruling as a source of partial
regulatory clarity. The token’s use in cross-border payments and speculation
around a possible spot ETF have also drawn attention.
DeepSeek AI predicts XRP
may trade between $3.50 and $5.00 by the end of 2025. The forecast assumes
a 70% chance of a favorable Ripple legal outcome, supporting investor
confidence and institutional adoption. Broader market factors, including
Bitcoin’s performance, also influence XRP’s price outlook.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Why Is Crypto Going Up Today? BTC Tops $77K on Peace, Followed by Ethereum, XRP and Dogecoin
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