Legal Expert Challenges Impact of Ripple Ruling on XRP’s U.S. Legal Status

Attorney Bill Morgan has refuted claims that the impending decision in the Ripple lawsuit will redefine the legal status of cryptocurrencies, particularly XRP, in the United States. This response comes after market commentator John Squire suggested that Judge Analisa Torres' ruling could establish a landmark precedent for the crypto industry. Morgan emphasized that the case is narrowly focused on whether exceptional circumstances justify reducing Ripple's penalties, rather than setting a broad legal framework for digital assets. As of July 2025, the outcome remains highly anticipated by the XRP community and crypto markets, though its implications may be more limited than some expect.

Legal Expert Disputes Claim That Ripple Ruling Will Redefine Crypto Legal Status in U.S.

Attorney Bill Morgan has dismissed assertions that the upcoming decision in the Ripple lawsuit will redefine the legal standing of cryptocurrencies in the U.S. The clarification comes in response to market commentator John Squire's suggestion that Judge Analisa Torres' ruling could set a landmark precedent.

The case narrowly focuses on whether exceptional circumstances justify reducing Ripple's penalty to $50 million and dismissing a permanent injunction against its institutional XRP sales. Judge Torres previously denied an initial motion due to procedural flaws.

Ripple’s Chris Larsen Predicts XRP Price to Hit $1000: Fact Check

Ripple co-founder Chris Larsen's alleged prediction of XRP reaching $1,000 has sparked fervent discussion across crypto circles. The claim, circulating widely on social media, hinges on a hypothetical scenario where Ripple captures 10% of SWIFT's global payment volume. No verifiable source confirms Larsen made such a specific projection.

Market participants remain divided. Some view the statement as a strategic vision, citing XRP's transaction velocity and institutional adoption. Others dismiss it as unfounded speculation. The narrative gained traction amid unconfirmed rumors of a Ripple-SWIFT partnership, though neither party has substantiated these claims.

Historical context adds nuance. Ripple CEO Brad Garlinghouse previously estimated XRP could capture 14% of SWIFT's transaction volume within five years—a timeline now elapsed without achieving that benchmark. The discrepancy between aspiration and reality underscores crypto's volatile price prediction landscape.

Ripple-SWIFT Partnership Rumors Surface Amid Pending SEC Lawsuit Resolution

Speculation about a potential collaboration between Ripple and SWIFT has ignited discussions across the XRP community. Social media platforms, particularly X (formerly Twitter), are rife with unverified claims that the two entities could announce a partnership once Ripple's legal battle with the U.S. SEC concludes. Such an alliance, if realized, is expected to transform cross-border payments and elevate XRP's role in global finance.

Despite the buzz, neither Ripple nor SWIFT has confirmed these rumors. Ripple CEO Brad Garlinghouse has previously dismissed similar claims, emphasizing the company's ambition to compete with SWIFT rather than partner with it. The absence of official statements or evidence leaves the speculation unsubstantiated.

Meanwhile, the protracted Ripple vs. SEC lawsuit appears to be nearing its end. Judge Analisa Torres is anticipated to deliver a ruling soon. Recent developments include a joint filing by Ripple and the SEC to modify the current injunction and reduce the penalty to $50 million. The SEC has also requested a pause in the appeal process, signaling potential progress toward resolution.

XRP Price Breaks Past $2.20, Nears All-Time High

XRP surged past $2.20, marking a significant milestone as it now sits just 42% below its all-time high of $3.84. The altcoin's rebound from the $1.92-$1.95 support zone reflects broader market optimism, fueled by bullish momentum in Bitcoin and Ethereum.

Resistance at $2.19-$2.20 has flipped to support, setting the stage for a potential push toward $2.30-$2.35. A clean break above this level could pave the way for a retest of May's peak at $2.66, with $3 looming as the next psychological target.

Despite the upbeat price action, XRP's daily chart reveals a pattern of lower highs—a lingering bearish signal. Sustained bullish momentum WOULD require a decisive close above $2.35 to invalidate the downtrend.

XRP Surges 6% Amid Whale Activity and Retail Interest

XRP rallied nearly 6% in a late-session breakout, fueled by a quadrupling of hourly volume and confirmed support above $2.20. The surge coincided with major whale movements, including a $58 million transfer to Coinbase and a $439 million shift by Ripple to an unknown wallet. Despite typical bearish pressure from such activity, XRP held firm—signaling robust demand.

Market sentiment stabilized as cryptocurrencies broadly advanced, with XRP leading the charge. Breakout volume hit 108.12 million, four times the average, underscoring technical significance. Retail interest spiked alongside the price action, with Google Trends showing rising searches for "XRP to $3."

Analysts eye the July–September window for potential upside targets of $3 to $5, while the Ripple v. SEC case remains a pivotal catalyst for regulatory clarity.

XRP Outshines ETH in Profitability as 80% of Circulating Supply Turns Green

XRP is demonstrating remarkable resilience in the 2025 crypto markets, with over 80% of its circulating supply now held at a profit. The token's current price NEAR $2.20 reflects strong holder conviction, as investors increasingly resist panic-selling despite recent volatility.

Glassnode data reveals XRP has tripled its pre-rally November 2024 valuation, delivering 300% gains for early accumulators. Profit-taking emerged in June at $68.8 million daily, signaling long-term holders are gradually realizing gains after the parabolic move.

Futures markets echo the bullish sentiment, with XRP's funding rate flipping positive at 0.0053%. Long positions dominate shorts by a 3:1 ratio, suggesting traders are paying premiums to maintain exposure. The cooling on-chain activity—evidenced by declining active addresses and sub-$1 billion volumes—may paradoxically indicate stronger hands are forming as weak holders exit.