⚖️ BREAKING: *Ripple* and the *SEC (U.S. Securities and Exchange Commission)* have *renewed their joint motion* for an *indicative ruling* — meaning both parties want the judge to give guidance on whether they’d consider lifting the stay *without going full appeal yet*.
📌 In simple terms:
They *want to keep the appeal process on pause* while resolving remaining issues in the main case (like penalties or final remedies), instead of jumping straight into a full-blown appeals war now.
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🔍 What This Means:
- *Ripple & SEC are aligned* (for now) in asking the judge to *not* move the case up to the Court of Appeals just yet.
- This indicates *both sides want to wrap up the current trial phase first* — including the civil penalties Ripple might face.
- The *indicative ruling* request means the judge would signal whether she’d be okay with revisiting the stay if circumstances change later.
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📈 Market Implications:
- *$XRP remains stable* because this doesn’t introduce new risk — if anything, it *reduces near-term legal uncertainty*.
- It gives Ripple more time to position itself *strategically before a final appeal*, which could take years.
- *Bullish Mid-Term*: If penalties are minor and appeal stays paused, it allows Ripple to operate more freely, boost adoption, and expand partnerships 🌍💼
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📊 Prediction:
If Judge Torres agrees:
-XRP could consolidate and slowly grind higher.
- A clear ruling on penalties + appeal delay = *XRP breaking $3 later this year isn’t off the table* 💥
👀 Stay tuned. This legal chess game isn't over — but Ripple’s move looks calculated.