XRP Lawsuit Resolution Imminent: Ripple Proposes $50 Million Settlement
The long-standing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) appears to be nearing its conclusion. Recent court filings indicate that Ripple has proposed a $50 million civil penalty to settle the case, with a potential final ruling expected as early as next week. This development marks a significant step toward resolving the lawsuit that has weighed on XRP's market performance for years. The outcome could have far-reaching implications for the cryptocurrency's future price trajectory and regulatory clarity in the digital asset space.
XRP Lawsuit Nearing Conclusion as Ripple Seeks Final Ruling
Ripple Labs has intensified efforts to conclude its protracted legal battle with the U.S. Securities and Exchange Commission. A recent court filing suggests the case could be resolved as early as next week.
The company submitted a supplemental letter on June 17 requesting Judge Analisa Torres to dissolve an existing injunction and approve a reduced $50 million civil penalty. This follows a joint motion filed June 12 under stricter legal standards, indicating both parties may be nearing settlement terms.
Legal observers note the maneuver could streamline the appeals process. If granted, the ruling WOULD mark a significant milestone in Ripple's five-year fight against SEC allegations—a case that has weighed heavily on XRP's market performance.
Bitget Analyst Predicts Ripple (XRP) Could Reach $5 by 2025
Ryan Lee, Chief Analyst at Bitget Research, projects Ripple's XRP could surge to $5 by the end of 2025. Despite a 3.5% dip to $2.13 in Wednesday's trading session, Lee emphasizes accumulation opportunities, citing institutional demand as a key driver.
Institutional portfolios now hold over $470 million in XRP, with Webus International ($300M), VivoPower ($121M), and Wellgistics ($50M) leading allocations. The altcoin's fintech utility and low cost basis are attracting corporate treasuries, mirroring post-Bitcoin ETF approval trends.
3iQ Launches World's First Spot XRP ETF on Toronto Stock Exchange
Canadian investment firm 3iQ has made history with the launch of the world's first spot XRP ETF, now trading on the Toronto Stock Exchange under tickers XRPQ and XRPQ.U. The fund provides regulated exposure to XRP, with assets held in cold storage and initially offering a 0% management fee for six months.
"This marks a pivotal moment in democratizing access to digital assets," said 3iQ CEO Pascal St-Jean, emphasizing the fund's tax efficiency and low-cost structure. The ETF sources XRP exclusively from reputable trading platforms and OTC desks, available to Canadian investors through registered accounts.
The launch follows Ripple Labs' public endorsement, reflecting growing institutional confidence in XRP's decade-long track record. XRPL's transaction settlement capabilities were notably highlighted in 3iQ's technical assessment of the asset.
XRP Breakout to $8 Forecasted as Regulatory Hurdles Clear, Analyst Says
XRP investors are buzzing after prominent analyst crypto Beast projected a potential surge to $8, citing the removal of SEC-related uncertainties as a key catalyst. The prediction follows Judge Analisa Torres' July 2023 ruling that XRP doesn't qualify as a security under US law—a decision that initially propelled the token from $0.48 to $0.93 before settling near $0.50.
Market participants appear to be underestimating the lasting impact of regulatory clarity, according to the analyst. XRP's subsequent rally to $2.00 after political developments affecting the SEC suggests untapped upside potential. "The market still hasn't caught up to the fact that the SEC doesn't consider it a security," Crypto Beast stated in a June 2025 tweet that's galvanizing both retail and institutional interest.
Canadian Asset Managers Launch XRP ETFs Amid US Regulatory Delays
Three Canadian investment firms—3iQ, Purpose Investments, and Evolve—debuted XRP exchange-traded funds (ETFs) on the Toronto Stock Exchange this week. The products, trading under tickers XRPQ, XRPP, and XRP, mark North America's first regulated exposure to Ripple's native token, contrasting with the US SEC's ongoing hesitation to approve crypto ETFs.
XRP prices remained stable despite the milestone, dipping just 0.5% post-announcement. 3iQ's offering includes a six-month fee waiver, with Ripple itself participating as an early investor. "This launch accelerates institutional access to digital assets within compliant structures," said 3iQ CEO Pascal St-Jean.
The Canadian moves highlight growing divergence in North American crypto regulation. While US issuers await SEC decisions, Toronto emerges as a testing ground for altcoin investment vehicles—a development that could pressure American regulators to accelerate approvals.
XRP Holds Steady at $2 as Traders Await Ripple-SEC Legal Update in August
XRP consolidates NEAR the $2 psychological level, with analysts cautioning against expectations of an immediate breakout. Egrag Crypto highlights the importance of patience as the market awaits a pivotal legal development in the Ripple-SEC case this August.
The token faces resistance at $2.23, evidenced by a sharp rejection and upper wick formation on the 12-hour chart. This price action suggests strong selling pressure or profit-taking at higher levels, despite XRP's gradual momentum buildup toward a long-term descending trendline breakout.
All eyes remain fixed on the ongoing legal battle, whose outcome could determine XRP's next significant price movement. Market participants appear to be positioning cautiously, with the wedge pattern's resolution likely hinging on the August court update.
