1. SEC–Ripple Settlement Rejected

A U.S. judge denied a joint motion by Ripple and the SEC to settle the lawsuit with a lighter $50 M penalty, maintaining the injunction and the full civil penalty .

2. Ripple Drops Cross‑Appeal

Ripple announced that it’s withdrawing its cross‑appeal in the SEC case, and the SEC is expected to do the same—potentially closing the chapter on the long‑running dispute .

🚀 Ecosystem & Technical Developments

1. XRPL’s EVM Sidechain Goes Live

Ripple officially launched its Ethereum‑compatible EVM sidechain on XRPL mainnet today, allowing developers to deploy EVM‑based dApps and enhancing interoperability .

2. Strong On‑Chain & Trading Activity

XRP reached over 7.1 million wallets, with significant daily trade volume (~$95 M) in South Korea, especially through Upbit .

HODLing addresses increased by 12.8% in June, indicating growing mid-term investor conviction .

📈 Price Trends & Outlook

XRP is trading around $2.20–$2.22, hovering near key resistance levels ($2.25–$2.30). Many analysts point to a bullish “falling wedge” breakout setup .

A fresh wave of optimism is tied to the legal developments and the potential for XRP spot ETFs, with some predictions expecting 5–15% upside in July .

🔍 What to Watch Next

Regulatory Closure: Final resolution of the SEC lawsuit could trigger broader institutional interest and pave the way for ETF applications.

Price Breakout: Sustained movement beyond $2.25–$2.30 may ignite further rallies toward $2.45+.

Ecosystem Growth: Adoption of the EVM sidechain and expanding DeFi activity on XRPL could boost long-term utility.

#XRPRealityCheck #XRPCommunity #RippleUpdate #XRPPredictions #Xrp🔥🔥 $XRP

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