$BTC XRP Price Prediction After the SEC Vs Ripple Settlement Update on June 9

The post XRP Price Prediction After the SEC vs Ripple Settlement Update on June 9 first appeared on Coinpedia Fintech News

XRP is currently trading in a tight range and continues to struggle to break above the $2.25 level. While it is unclear whether May will bring any strong price movement, some analysts believe that June could mark the beginning of a new rally.

Attention is now shifting to the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple. The next key date in the case is June 9, when the SEC is expected to present a status report on settlement discussions. According to a researcher, the SEC could issue a Sunshine Act notice approximately one week before this date. That notice would signal an official vote to withdraw the appeal and lift the long-standing injunction against Ripple.

For those of you who seem to be following the SEC vs Ripple appeal closely, the next milestone is June 9, when the SEC is required to submit a status report on settlement discussions. I would anticipate that the SEC will issue a Sunshine Act notice 1 week before the meeting where they...

— Vincent Van Code (@vincent_vancode) May 3, 2025

If this happens, it must be done before June 9 to give the SEC enough time to finalize the court documents. Based on this timeline, the next two to three weeks could be significant for XRP.

As for the potential impact on XRP's price, predictions remain mixed. While some expect a rally—possibly a 20% increase followed by a correction—others say the market could react drastically, and a sudden 3x move is not out of the question.