XRP: Legal Expert Says $5 Pump Unlikely as Lawsuit Hits Key Phase
📅 June 16, 2025
Today marks a major moment in the Ripple vs. SEC lawsuit, with the SEC set to file a status update after both parties requested a pause in the appeal to explore a settlement. XRP holders are hoping this leads to a surge — even dreaming of $5.
However, legal expert Bill Morgan warns against unrealistic expectations. He reminded the community that Judge Torres rejected a similar joint motion in the past within just seven days — and a quick decision now might not be a good sign either.
The motion argues that ending the injunction and reducing Ripple’s fine is necessary for settlement. If approved, the lawsuit could finally end without more appeals.
XRP is currently priced around $2.16, and while a move toward $2.50 is possible on good news, a sudden jump to $5 today is unlikely.
Bottom Line:
The case is nearing resolution, but legal outcomes take time. Stay cautious — and don’t trade on hype alone.
