⚖️ $XRP Lawsuit Approaches Settlement
Final settlement likely within weeks: Ripple and the SEC filed a joint motion asking Judge Torres to approve a settlement—$125M from escrow—splitting $50M to the SEC and $75M returning to Ripple .
Lawyer sees ~70% approval odds: Attorney John Deaton estimates a 70% chance Judge Torres will accept the motion .
Strongest argument: Lawyer Bill Morgan says the joint motion’s key hook is lifting the injunction and adjusting penalties as part of a “necessary condition of the settlement” .
Appeals on hold: Appeals in the Second Circuit are paused until August 15, giving the district court time to rule .
🔍 Why This Matters
Milestone Impact
Settlement approval Removes institutional sales restrictions — unlocks XRP’s utility
Penalty resolution Clears legal overhang — paves way for regulatory clarity
ETF approval possible Opens path for spot XRP ETF once lawsuit is finalized
🧭 Market & Strategic Outlook
Price potential: With resolution, XRP could rally toward $2.34 or higher, backed by institutional demand .
Optics matter: A strong settlement reduces legal risk — could boost confidence and open doors for broader adoption and new partnerships.
TL;DR: The Ripple v SEC case appears to be winding down. A joint settlement motion is expected to be decided on soon—with ~70% approval odds. If granted, it could clear regulatory barriers, trigger XRP price upside, and support future ETF listings.