On June 27, 2025, Judge Analiza Torres rejected the joint motion of the SEC and Ripple for a review of the final decision in the case concerning . This ruling halted the attempt for a quick settlement of $50 million and left institutional sales of XRP under legal restrictions. Immediately after the news, the price of XRP fell from $2.19 to $2.10, and the market capitalization shrank by $2 billion, dropping from $128 billion to $125.19 billion within an hour. Such fluctuations caused a wave of disappointment among investors and anxiety in the crypto community.
The rejection highlighted the uncertainty regarding the status of XRP as a security, which hinders its integration by financial institutions. Experts note that the ongoing legal battle may slow the growth of the altcoin, despite its potential. Although the price partially recovered to $2.14, market sentiment remains cautious, and trading volumes increased due to speculative activity.
Ripple faces the challenge of proving the legality of its model, while the SEC insists on violations. This situation raises broader questions about the regulation of cryptocurrencies and their impact on market stability. Investors are watching the court's further actions, as the future of XRP depends on the outcomes.
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