XRP Legal Battle Continues as Judge Torres Denies Early Settlement Preview
In a recent development in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Judge Analisa Torres has denied a joint motion seeking early feedback on a proposed $50 million settlement. This decision delays any potential resolution until after the appeal process concludes, maintaining the current legal standing of XRP. Legal experts interpret the ruling as procedural, emphasizing that it does not undermine Ripple's partial victory from 2023. Despite the setback, market reaction has remained subdued, reflecting investor confidence in XRP's long-term prospects. The cryptocurrency community continues to monitor the case closely, as its outcome could have significant implications for the regulatory landscape of digital assets.
Judge Torres Denies Ripple-SEC Settlement Preview in XRP Lawsuit
Judge Analisa Torres has rejected a joint motion by Ripple and the SEC seeking early feedback on a proposed $50 million settlement. The decision delays resolution until after the appeal process concludes, maintaining the status quo for XRP's legal standing.
Legal experts view the ruling as procedural rather than substantive, noting it preserves Ripple's partial victory from 2023. Market reaction remains muted as the Core classification of XRP as non-security remains unchallenged by this development.
US Judge Denies SEC and Ripple’s Bid to Amend Penalty in XRP Case
US District Judge Analisa Torres has rejected a joint motion from the SEC and Ripple Labs to modify a prior court order, leaving intact the $125 million penalty and an injunction requiring Ripple to comply with federal securities laws. The June 26 ruling marks the second failed attempt by both parties to negotiate a settlement in the long-running case.
Judge Torres cited the parties' failure to meet the high legal bar for altering a final judgment under the Federal Rules of Civil Procedure. The court emphasized that Ripple's established violations and likelihood of recurring misconduct justified maintaining the original penalty as a deterrent. "The request is DENIED," read the judge's terse response to the motion.
The decision reinforces the SEC's position that Ripple's XRP sales violated securities laws, dealing another blow to the blockchain company's efforts to reduce its legal exposure. Market observers note the ruling could set precedent for how regulators approach cryptocurrency compliance cases moving forward.
Ripple's Stablecoin Strategy Faces Skepticism as XRP Struggles to Gain Momentum
Ripple's ambitious plan to launch an aUSD-backed stablecoin has yet to convince investors of XRP's potential to reach $10. Despite positioning the XRP Ledger as a hub for stablecoin liquidity and tokenized assets, the token remains stuck below $2.40, far from its aspirational target.
Market sentiment suggests growing interest in alternative tokens like APORK from Angry Pepe Fork, which has demonstrated stronger fundamentals. While Ripple's regulatory clarity and stablecoin push could eventually propel XRP forward, the $10 milestone appears unrealistic in the near term.
Technical resistance between $2.10-$2.30 underscores the challenges ahead. Investors are voting with their capital—diverting attention to projects showing immediate traction rather than waiting for XRP's long-term narrative to materialize.
XRP Price Prediction: Analyst Foresees $3–$4 Range Amid Regulatory Clarity
XRP is showing signs of breaking free from months of sideways trading as regulatory clarity improves and legal risks diminish. crypto analyst Teo Mercer suggests the token could enter the $3–$4 range in the coming months, citing the current price zone near $2 as a strong accumulation phase.
The U.S. regulatory landscape is adding fuel to the bullish outlook, with the Senate's passage of the GENIUS Act demanding a federal framework for digital assets. Investor confidence is returning, and analysts view this as the groundwork for XRP's next major upward move.
NY Judge Rejects SEC and Ripple's $50M Settlement Proposal
A New York judge has denied a joint request from the SEC and Ripple Labs to approve a proposed settlement that WOULD reduce Ripple's civil penalty to $50 million and remove a permanent injunction against the company. District Judge Analisa Torres emphasized that the injunction was necessary due to Ripple's past violations and the potential for future infractions.
The ruling underscores the SEC's stance that Ripple's significant financial gains from violating securities laws warrant continued legal oversight. The decision comes amid broader regulatory shifts at the SEC following the recent U.S. presidential election.
XRP Shows Signs of Accumulation as On-Chain Metrics Point to Undervaluation
XRP holds steady above $2.17 despite muted trading activity, with a 13% drop in volume suggesting accumulation before a potential breakout. The token's weekly gain of 1.49% belies stronger underlying momentum, as its $129 billion market cap reflects growing institutional interest.
On-chain data reveals XRP remains undervalued with an MVRV Z-score of 2.13—well below historical overvaluation thresholds above 3.45. This technical setup mirrors January's conditions before XRP's rally to $3.25, when the Z-score peaked at 6.65. Ripple's ecosystem expansion adds fundamental support to the technical case for upward movement.
Whale activity has paused NEAR current levels, creating a coiled spring scenario. The convergence of low volume, favorable valuation metrics, and ecosystem growth paints a bullish picture for XRP's next major move.