Whatโ€™s up: Ripple and the SEC have jointly paused their appeals, waiting on a key district court

Whatโ€™s at stake: They're pushing for Judge Torres to sign off on a revised $50โ€ฏM settlement (instead of the original $125โ€ฏM) and lift the permanent injunction

Game changer: If approved, the injunction is gone and appeals likely dropped. If not, the legal war continues.

Deadline alert: SEC must file its next status by August 15, 2025โ€”lawyers expect a decision soon

Crypto reaction: XRP spiked ~7% to $2.34 before pulling backโ€”markets are clearly tuned

๐ŸŽฏ TL;DR:

Ripple & SEC are nearing a settlement tweak. Augustโ€ฏ15 is the big dayโ€”could decide XRPโ€™s future in US markets and crypto regulation.