The XRP community is holding its breath as the SEC convenes a closed-door meeting that could finally resolve the long-standing legal battle with Ripple Labs. Will this be the end of the five-year saga? Here’s what you need to know.
XRP News: SEC Meeting Could Decide the Fate of Ripple
The U.S. Securities and Exchange Commission (SEC) is holding another closed-door meeting on July 31, 2025, with “resolution of litigation claims” on the agenda. This has sparked speculation that the SEC may be preparing to formally withdraw its remaining appeal in the case against Ripple Labs.
XRP Legal Battle: A Timeline of Key Events
- December 2020: SEC sues Ripple, alleging unregistered securities offerings through XRP.
- July 2023: Judge Analisa Torres rules that institutional sales of XRP were securities, but public sales were not.
- June 2025: Ripple drops its cross-appeal, leaving the SEC with the final decision.
What Does This Mean for XRP Price?
XRP is currently trading near a key resistance level of $3.10. A confirmation that the SEC is dropping its appeal could trigger a breakout and potentially push XRP toward new highs. Investors are watching closely for any signs of institutional adoption or ETF approvals.
Ripple Labs: What’s Next After the SEC Decision?
If the SEC votes to end its appeal, the formal withdrawal is expected to be filed within days, finalizing Judge Torres’ ruling. This would officially close the case and allow Ripple to focus on expanding its payment solutions and partnerships.
Frequently Asked Questions (FAQs)
What is the current status of the SEC vs. Ripple case?
The SEC is holding a closed-door meeting to potentially vote on withdrawing its appeal. Ripple has already dropped its cross-appeal.
How will the SEC decision affect XRP price?
A favorable outcome could trigger a price breakout, while further delays may cause short-term volatility.
What was Judge Torres’ ruling in 2023?
She ruled that institutional sales of XRP were securities, but programmatic sales were not.
When will we know the SEC’s final decision?
If the SEC votes to withdraw its appeal, the filing could happen within days of the meeting.
Can the SEC still appeal after this meeting?
If the SEC doesn’t withdraw its appeal now, it has until August 15 to update the court on its status.
