XRP’s Legal Battle with SEC Nears Potential Conclusion Amid Ongoing Uncertainty
Ripple’s protracted legal fight with the U.S. Securities and Exchange Commission (SEC) may be approaching a resolution, though significant uncertainty remains. The highly anticipated April 16 deadline passed without a definitive outcome, prolonging a case that has lingered since 2020. market participants continue to speculate about possible settlements or appeals, particularly given Ripple’s $125 million penalty and the broader implications for XRP. Despite the legal overhang, XRP’s market performance reflects persistent investor interest as the crypto community awaits clarity on this landmark case.
Ripple’s Legal Fight: When Is SEC Case Coming to End?
Ripple’s long legal battle with the SEC might be nearing its conclusion, but it remains uncertain. April 16 was expected to be a pivotal deadline, but no resolution has been reached yet. The case has dragged on since 2020, causing speculation among investors and analysts. Some believe a settlement is possible, while others remain skeptical due to Ripple’s $125 million penalty and the potential for appeals. Despite the legal uncertainty, XRP’s market action has continued.
XRP News Today: Token Burns, ETF Prospects, and Legal Developments
Ripple’s native token XRP is in the spotlight due to a surge in token burns, a potential spot exchange-traded fund (ETF), and progress in its long-running lawsuit with the SEC. The U.S. Court of Appeals for the Second Circuit approved a joint motion to pause the appeal process in the SEC vs. Ripple case, delaying Ripple’s deadline to respond to the SEC’s challenge over programmatic XRP sales, and igniting chatter about a possible settlement. Additionally, Fed Chair Jerome Powell signaled a pivotal moment for stablecoins, hinting at legal framework developments.
Ethereum Dethroned: XRP’s Historic Return
XRP briefly surpassed Ethereum in market capitalization, an unprecedented event since 2018. This surge reveals a possible shift in the balance of power in the crypto ecosystem. XRP reached a market cap of $272.6 billion, marking a 460% increase in a few months. The institutional adoption of XRP has been reinforced, challenging the established order among cryptocurrencies.
Which XRP ETFs Are Closest To SEC Approval In 2025
The crypto community is closely monitoring the development of XRP ETFs. On April 16, 2025, XRP’s price reached $2.05, a 1% increase over seven days, fueled by big investors’ interest in regulated funds. Nine firms, managing billions in assets, have submitted applications to launch XRP exchange-traded funds, and the U.S. Securities and Exchange Commission (SEC) is currently reviewing their paperwork. This article explores which funds might receive approval soon, based on filing dates and expert opinions. The SEC’s decisions could solidify XRP’s position in traditional markets. The companies pushing for XRP ETFs include Bitwise, Canary Capital, 21Shares, Grayscale, WisdomTree, CoinShares, ProShares, Volatility Shares, and Franklin Templeton, who filed applications between October 2024 and March 2025.
