XRP Legal Battle Takes a Pause: Ripple and SEC Seek Suspension of Appeal

In a significant development in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), both parties have jointly requested the New York-based U.S. Court of Appeals for the Second Circuit to suspend their ongoing appeal. This move follows an April agreement between Ripple and the SEC, signaling a potential shift in the high-stakes case. The parties argue that the case presents "extraordinary circumstances" warranting a pause, with their request hinging on District Judge Analisa Torres's upcoming decisions. This suspension could have far-reaching implications for XRP's market performance and regulatory clarity in the cryptocurrency space. As of June 2025, the crypto community watches closely, anticipating how this legal maneuvering might influence XRP's future trajectory and broader adoption in the financial sector.

Ripple and SEC Seek Suspension of Legal Appeal Process

Ripple and the U.S. Securities and Exchange Commission have jointly requested the New York-based U.S. Court of Appeals for the Second Circuit to suspend their ongoing appeal. The MOVE follows an April agreement between the parties, signaling a potential shift in the high-stakes legal battle.

Both parties argue the case presents "extraordinary circumstances" warranting a pause. Their request hinges on District Judge Analisa Torres amending her final ruling—a prerequisite for dismissing appeals. Should Torres refuse, the appeal process may resume, delaying settlement prospects.

The litigation's outcome could set precedent for how regulators approach cryptocurrency securities classification. Market participants closely monitor developments, as the decision may influence XRP's regulatory clarity and broader crypto market dynamics.

XRP vs SEC Case Nearing Potential Resolution as Parties Await Court Decision

The prolonged legal battle between Ripple and the U.S. Securities and Exchange Commission may reach its conclusion within weeks. Both parties have jointly requested the Second Circuit Court to pause the appeals process pending a district court ruling on their proposed settlement terms. A status update from the SEC is expected by August 15.

Market observers note the case's outcome hinges on Judge Torres' review of the refiled motion. Legal experts suggest a decision could come sooner than anticipated, citing the judge's previous seven-day response time in similar proceedings. The cryptocurrency community remains watchful as this landmark case approaches its potential finale.

Should the settlement be approved, it WOULD mark the end of a three-year legal saga that has significantly impacted XRP's market performance. However, the possibility remains for renewed appeals and extended litigation if the motion fails to gain judicial approval.

XRP Lawsuit Stalled Until August 15 as Ripple and SEC Pursue Settlement

The legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission faces another delay. Both parties have jointly requested the Second Circuit Court to suspend proceedings until August 15, 2025, marking a two-month pause in the high-profile case.

At the heart of the hiatus lies a potential settlement. April saw initial attempts to modify the court's earlier judgment—proposing to reduce Ripple's penalty from $125 million to $50 million while lifting a permanent injunction. These efforts hit a snag when Judge Analisa Torres rejected the motion for lacking "exceptional circumstances" required to alter a final ruling.

Undeterred, fresh motions emerged in June seeking injunction dissolution and penalty adjustments. With Judge Torres yet to rule and the SEC filing for maintained suspension, the crypto industry watches as regulatory clarity for XRP hangs in procedural limbo.

XRP Ledger Explodes with 800% Spike in Users: Is a Price Breakout Coming?

The XRP Ledger is witnessing unprecedented activity, with daily address usage surging over 800% in a single week. Network data reveals an average of 295,000 unique wallets interacting daily—a dramatic leap from the typical 35,000–40,000 range. This surge coincides with record-high holdings among whale wallets, now numbering 2,708 addresses with at least 1 million XRP each.

Simultaneous retail and institutional participation defies historical patterns, suggesting coordinated accumulation. Santiment's on-chain metrics highlight this dual momentum as a potential precursor to broader market movement. The ledger's growth in both adoption and stakeholder engagement marks a pivotal shift in XRP's investor profile.

XRP Holder Distribution Reveals Shifting Wealth Dynamics

New analysis of XRP wallet distributions shows declining entry thresholds for top-tier holdings. To rank among the top 10% of holders now requires just 2,480 XRP, while 8,762 XRP secures a position in the upper 5%. The true elite—those in the top 1%—command stakes exceeding 50,000 tokens.

Analyst Edo Farina notes the distortion caused by multi-wallet strategies, with his personal disclosure of maintaining 20-25 separate wallets for operational purposes. Only 657 addresses contain more than 5 million XRP—a cohort dominated by institutional players and exchange cold wallets.

At current valuations, even top 10% holders would see modest $24,000 returns if XRP reached $10. Farina suggests 10,000 XRP as the threshold for meaningful portfolio impact, emphasizing long-term positioning over short-term gains.

XRP Jumps as Bulls Push Through Key Resistance Levels

XRP climbed 3.6% over the last 24 hours, peaking at $2.33 before settling NEAR $2.25, as buyers capitalized on market volatility. The token overcame resistance at $2.21 and formed new support at $2.29, signaling renewed bullish conviction despite a brief pullback to $2.23.

Ongoing trade disputes between the U.S. and China continue to roil risk assets, yet XRP has held up better than many peers, reflecting confidence in its cross-border settlement utility. Recent central-bank divergences on interest rates have driven rotation into digital assets, with XRP benefiting from increased trading volume during major policy announcements.

Speculation around a spot XRP ETF, coupled with large block trades on major exchanges, suggests institutions are quietly accumulating, positioning for the next regulatory catalyst.

XRP traded in a wide 7.5% range from $2.177 to $2.338, driven by heavy buying between 11:00–16:00 that powered the break above $2.21. After surging, sellers pushed price back to $2.23 during the 22:00–23:00 session on over 100 million units traded, establishing a temporary floor. Buyers re-entered aggressively in the final hours: a bullish burst at 01:32–01:33 lifted XRP from $2.247 to $2.255 on 1.6 million units. A late-session reversal broke $2.250 support, carving out new support at $2.246 as momentum held firm.