XRP Regulatory Clarity on the Horizon as SEC Prepares to Dismiss Ripple Appeal

The U.S. Securities and Exchange Commission (SEC) is set to vote on dismissing its long-standing appeal against Ripple Labs during a closed-door meeting on August 7, 2025. This pivotal decision could bring closure to a legal battle that has shaped the regulatory framework for XRP and the broader cryptocurrency market. Ripple has already taken steps to resolve its portion of the dispute, including depositing $125 million into escrow and withdrawing certain claims. The outcome of this meeting is highly anticipated by the crypto community, as it may provide much-needed clarity on XRP's regulatory status and potentially pave the way for renewed investor confidence. With the SEC's decision looming, market participants are closely watching for any signals that could influence XRP's price trajectory and adoption in the coming months.

SEC Commissioners to Decide on Ripple Appeal in Upcoming Closed-Door Meeting

The U.S. Securities and Exchange Commission is poised to vote on dismissing its appeal against Ripple Labs during a private meeting on August 7. This decision could mark the end of a protracted legal battle that has significantly influenced the regulatory landscape for XRP and other digital assets.

Ripple has already settled its portion of the dispute, depositing $125 million into escrow and withdrawing its cross-appeal. The SEC's appeal remains active pending internal approval, with procedural requirements causing delays in filing the dismissal notice.

Pro-XRP attorney Bill Morgan suggests the agency is likely to file for dismissal before the August 15 deadline. Meanwhile, whale wallets have shown renewed activity in XRP as market participants anticipate a resolution.

Ripple XRP Poised for Breakout Amid Market Turbulence

Ripple's XRP is showing resilience after a brief dip below $3, with analysts predicting a potential breakout above $3.50. The cryptocurrency has held steady around the $3 mark over the past month, posting a 30% gain despite broader market volatility.

Global economic tensions, including new U.S. tariffs on India and Brazil, have roiled traditional markets. The Dow Jones Industrial Average has shed 600 points, while the Nasdaq Composite and S&P 500 have declined 225 points and 85 points respectively. This macroeconomic turbulence briefly pushed XRP below $3, but the digital asset has since recovered to $3.02.

Market analyst Lingrid notes XRP is forming a bullish falling wedge pattern—a technical formation often preceding upward reversals. "Price is respecting diagonal support and could initiate the next rally toward the $3.40 zone," Lingrid observed. The potential for an XRP ETF is adding momentum to the token's upward trajectory.

Japan Emerges as Potential Front-Runner for XRP ETF Amid Regulatory Speculation

SBI Holdings, a Japanese financial giant with deep ties to Ripple, has hinted at potential XRP-based ETF offerings in its Q2 2025 financial report. The firm outlined two proposals—one for indirect crypto exposure and another specifically mentioning XRP—though no formal application has been filed yet.

Market chatter intensified after Brazil and Canada launched XRP ETFs earlier this year, with Japan now seen as the next logical candidate. SBI's existing infrastructure—including XRP integration in its payment network and credit card rewards program—positions it as a natural leader should regulators greenlight such products.

While social media rumors prematurely suggested an active application process, SBI clarified it awaits clearer regulatory guidance before proceeding. The development underscores growing institutional interest in XRP despite ongoing U.S. regulatory hesitation.

Caitlin Long Delivers Scathing Critique of Ripple and XRP's Institutional Viability

Custodia Bank CEO Caitlin Long issued a damning assessment of Ripple's XRP ecosystem during a recent podcast appearance, challenging its credibility and long-term prospects in institutional finance. "It's not going to take over. If it were going to take over, it WOULD have taken over a long time ago," Long stated bluntly, dismissing speculation about regulatory favor for Ripple in tokenized finance.

The banking veteran highlighted structural flaws in Ripple's model, noting persistent institutional distrust. "The banks have always been suspicious of it," she said, criticizing the project's centralized architecture and what she called "backwards tokenomics." Long particularly targeted XRP's supply model, arguing the massive pre-mine created permanent credibility issues: "The people who extracted money up front are never going to be trusted because everybody is going to look and think that anything they do is an exit scam to try to dump on retail."

XRP Price Trapped Below Resistance – Bulls Running Out of Steam?

XRP faces mounting pressure as it struggles to break through the $3.020 resistance level. The digital asset, currently trading NEAR $2.980, shows signs of consolidation with potential downside risk if the $2.920 support fails to hold. Market participants watch the 100-hourly Simple Moving Average for directional cues.

A bearish trend line has emerged on the hourly XRP/USD chart, with Kraken data showing clear resistance at $3.020. The cryptocurrency tested the 50% Fibonacci retracement level after retreating from its $3.106 high, finding temporary support near $2.920. The $3.10 level remains critical for bulls to regain control.

Failure to maintain momentum above $2.880 could trigger further declines, while a decisive break above $3.10 might propel XRP toward $3.20. The asset's performance mirrors broader market trends, with Bitcoin and ethereum similarly encountering resistance at key psychological levels.

XRP Struggles Amid Whale Offloading, Key Support Levels in Focus

Ripple's XRP faces mounting pressure as large holders continue to unwind positions. The token has shed 20% since mid-July highs near $3.6, with whale wallets holding 1 million to 1 billion XRP reducing their collective balance by 2 billion tokens—equivalent to $6 billion in sell pressure.

Technical indicators flash warning signs, including a bearish MVRV death cross that previously preceded a 30% decline. Analysts identify $2.8 as immediate support, with a critical demand zone between $2.2-$2.48 where most current holders purchased their positions.

The market watches for either stabilization at these levels or further downside that could present discounted entry points. Santiment data reveals the whale exodus remains ongoing, suggesting potential continuation of the current trend.