XRP Sentiment Hits 17-Day High Despite SEC Lawsuit Delay

Ripple’s legal battle with the SEC faces another delay as Judge Torres denied a joint motion for an indicative ruling, stalling a potential $50M settlement. Surprisingly, this has boosted XRP’s social sentiment to a 17-day high, surpassing Bitcoin and Ethereum in bullish commentary. While BTC reclaimed $100K and ETH recovered to $2,400, XRP’s price dipped below $2.1 amid the legal uncertainty. However, the token saw a major adoption announcement this week, balancing the negative price action with long-term optimism.

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Judge Rejects Ripple’s Bid to Reduce $125M SEC Penalty

A US judge has rejected Ripple and the SEC’s joint request to reduce the firm’s $125 million civil penalty from its XRP lawsuit, even as the SEC’s new leadership under President Trump’s administration sided with Ripple. Judge Analisa Torres ruled that the parties failed to meet the high burden required to vacate the penalty, emphasizing that court judgments serve the broader legal community, not just the litigants. The SEC initially sued Ripple in 2020 for selling XRP as an unregistered security, with Torres later ruling that only institutional sales violated securities laws. Despite appeals and a proposed compromise, the judge upheld the original penalty, highlighting the ongoing legal battle’s significance for crypto regulation. XRP’s price dipped 3% amid the news.

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XRP Ledger Hits Record Highs Amid Surging Whale Activity

The XRP Ledger (XRPL) is experiencing a major surge in activity, with daily active addresses jumping to 295,000—an 8x increase from the previous three-month average. Whale wallets holding at least 1 million XRP have reached a record 2,708, indicating heightened institutional interest. The total value locked (TVL) in XRPL’s DeFi ecosystem has climbed to $59.83 million, while stablecoin market cap stands at $71.06 million. Legal developments, including ProShares’ updated XRP ETF filing and Ripple’s $50 million settlement with the SEC, are boosting investor confidence. Additionally, Cardano’s plans to integrate XRP into its DeFi ecosystem and corporate adoption by firms like Worksport further underscore XRP’s growing utility.

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Ripple & SEC Seek to Lift XRP Injunction: 70% Approval Chance

Ripple and the SEC have filed a joint motion to lift the injunction on XRP sales, with attorney John Deaton predicting a 70% approval likelihood by Judge Torres. The SEC’s 2020 lawsuit accused Ripple of selling unregistered securities, but a proposed settlement includes a $50 million SEC payment and $75 million returned to Ripple. Deaton criticized the SEC’s aggressive enforcement, citing cases like Debt Box, where the agency admitted to misleading claims. He also highlighted Ripple’s competitive disadvantage due to the legal uncertainty, as XRP trades at $2.16, up 1.64% in 24 hours.

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Ripple & SEC Push to Lift XRP Sales Injunction

Ripple Labs and the SEC have submitted a revised motion to Judge Torres, seeking to lift the injunction on Ripple’s institutional XRP sales and modify a $125 million penalty. The initial motion was rejected in May due to procedural shortcomings, but the refiled request under Rule 60(b)(6) argues for ‘exceptional circumstances’ to justify the changes. The settlement proposes a $50 million SEC payment and a $75 million return to Ripple. The motion highlights the SEC’s shifting crypto enforcement stance and the need for resolution to enforce the agreement. XRP’s price, currently at $2.12, shows minimal reaction, though legal outcomes continue to influence its short-term value.

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XRP Price Dips as Ripple-SEC Case Nears Key June 16 Deadline

Ripple’s XRP token has dropped 3% to $2.25 amid broader crypto market declines, while the XRP Army remains bullish ahead of a crucial June 16 deadline in the SEC lawsuit. Though Ripple and the SEC reached a payment agreement, Judge Torres rejected their joint motion due to procedural errors, leaving the case unresolved. The SEC must file a status update by June 16, but this isn’t a final settlement date—any resolution still requires judicial approval. Analysts doubt the date will significantly boost XRP’s price, as market expectations have already priced in potential outcomes. Meanwhile, XRP enthusiasts continue projecting ambitious price targets, emphasizing utility over market cap.

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XRP Legal Clarity Defended as SEC Appeal Looms

Bill Morgan maintains that XRP’s legal status is clear after Judge Torres ruled it is not a security—a finding unchallenged by the SEC’s appeal. The Ripple vs. SEC case could restart if no settlement is filed by June 16, with potential delays if proceedings stall. Rumors of a $50M penalty remain unverified, and the SEC’s upcoming crypto roundtable may hint at broader regulatory changes. XRP trades steadily at $2.17 amid low volatility, while the SEC faces pressure to refile a procedurally sound motion. The case’s outcome could shape future crypto enforcement.

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Ripple vs. SEC Case Faces Delay as Key Deadline Looms

The Ripple vs. SEC legal battle, which began in 2020, faces potential delays as neither party has submitted the correct filings by June 5, 2025. A $50 million settlement was rejected by Judge Analisa Torres for procedural impropriety, requiring a refiling under Federal Rule of Civil Procedure 60. Attorney Fred Rispoli highlighted June 16 as a key deadline for a status update, warning of further delays if submissions are not made. Despite the legal turmoil, XRP’s price remains stable at $2.2, showing resilience amid the ongoing case. The outcome could hinge on the new administration’s crypto stance, with optimism growing for a resolution.

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Ripple Lawyer Defends XRP’s Legal Clarity Amid Debate

Ripple lawyer Bill Morgan has vehemently defended XRP’s legal clarity, countering claims that the token lacks judicial certainty. He highlighted Judge Analisa Torres’ ruling, which distinguished institutional sales as securities transactions but exempted XRP itself from being classified as a security. Morgan emphasized that no contradictory ruling has challenged this decision, asserting XRP enjoys greater clarity than Bitcoin. Meanwhile, XRP’s price remains volatile, trading below $2.20 after a recent surge, with potential further declines. In a related development, VivoPower International secured $121 million to launch an XRP treasury strategy, signaling continued institutional interest.

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XRP Price Drops 11% But Buy Signals Hint at Rebound

XRP’s price recently rejected a key resistance level at $2.7, dropping over 12% to $2.3 amid a bearish market sentiment. However, crypto analyst Ali Martinez highlights that the TD Sequential indicator has shown multiple buy signals on the hourly chart, suggesting a potential rebound. The price decline coincided with Judge Torres denying a $50M settlement between Ripple and the SEC, prolonging their legal battle. Martinez had previously noted that XRP faces no major resistance up to $3 but warned that losing the $2.38 support could lead to further declines. Additionally, sluggish growth in new XRP wallets—just 3,500 daily compared to Bitcoin’s 309,000 and Ethereum’s 112,000—adds to bearish concerns.

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Judge Denies Ripple-SEC Settlement Motion, XRP Drops 5%

In a recent development in the Ripple-SEC lawsuit, Judge Analisa Torres denied a joint motion for an indicative ruling on their settlement, calling it ‘procedurally improper’ due to incorrect filing under Rule 60. The motion sought to reduce Ripple’s penalty from $125 million to $50 million. Ripple’s Chief Legal Officer, Stuart Alderoty, clarified that the denial was purely procedural and does not affect Ripple’s prior legal wins, including the ruling that XRP is not a security. Meanwhile, XRP’s price dipped over 5% to $2.36 before recovering slightly, reflecting market sensitivity to legal uncertainties. Both parties remain committed to resolving the case and plan to revisit the issue with the court.

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