XRP Legal Uncertainty Persists Amid SEC Talks and ETF Delays

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to cast a shadow over XRP’s future, despite recent discussions between Ripple’s Chris Larsen and SEC commissioner Paul Atkins. The meeting, which took place shortly after the SEC delayed a decision on Franklin Templeton’s proposed XRP ETF, has sparked renewed speculation but also caution from legal experts. Here’s a detailed look at the current state of affairs and what it could mean for XRP investors.

XRP Legal Battle Far From Over Despite Fresh Talks With SEC Commissioner

Renewed speculation surrounds the protracted legal standoff between Ripple and the U.S. Securities and Exchange Commission following a meeting between Ripple’s Chris Larsen and SEC commissioner Paul Atkins. The timing of the discussion—coming just days after the SEC delayed a decision on Franklin Templeton’s proposed XRP ETF—has drawn significant attention.

Legal experts caution against premature optimism. Former SEC attorney James Farrell projects a best-case resolution by late 2025, with potential extensions pushing proceedings into 2027. The market remains in a holding pattern as regulatory uncertainty persists.

XRP Holder Base Smaller Than Wallet Count Suggests

XRP’s 6.4 million wallets vastly overstate its true holder count. Blockchain analysis reveals only 30-40% represent active individual holders, with many addresses being exchange-controlled, inactive, or dust accounts.

The actual global XRP investor base likely falls between 1.5-2 million people, according to industry expert Edo Farina. This concentration underscores XRP’s asymmetrical distribution despite its market prominence.

XRP Price Hinges on SEC vs Ripple Settlement Update as June 9 Deadline Looms

XRP remains trapped in a tight trading range, unable to breach the $2.25 resistance level. Market participants are eyeing June as a potential inflection point, with the SEC’s forthcoming status report on settlement discussions with Ripple due June 9.

A Sunshine Act notice could precede the filing, signaling regulators’ intent to drop their appeal and lift injunctions against Ripple. Such a development would mark a pivotal moment in the long-running legal battle that has weighed on XRP’s price action.

Fact Check: Ripple vs SEC Case Conclusion Speculation Resurfaces

Speculation about the resolution of the Ripple-SEC legal battle has resurfaced, fueled by a recycled tweet from March suggesting a potential dismissal this Thursday. The tweet, originally referencing an SEC closed-door meeting, is outdated and lacks current relevance.

The case remains in limbo despite a partial settlement earlier this year, with Ripple agreeing to civil penalties for past institutional sales. Market participants continue monitoring for developments that could impact XRP’s regulatory clarity.