The SEC is expected to hold a closed meeting on July 10, potentially deciding to withdraw the appeal in the lawsuit against Ripple.
The withdrawal of the appeal by the SEC could pave the way for a significant victory for Ripple, driving a strong price surge for XRP in the cryptocurrency market.
MAIN CONTENT
The SEC is holding a closed meeting on 10/7, which may drop the appeal in the Ripple lawsuit.
Ripple's CEO will testify before the U.S. Senate Banking Committee on 9/7 about cryptocurrency market regulations.
The new ETF has submitted an application including XRP, drawing the attention of institutional investors.
Will the SEC withdraw the appeal in the Ripple lawsuit?
The SEC's closed meeting is scheduled for July 10, 2025, under the Sunshine Act, with the purpose of reviewing ongoing legal cases, including the possibility of withdrawing the appeal in the Ripple case. Although the SEC has not clearly announced specific records, legal experts believe that the Ripple lawsuit may be included in the discussion.
Previously, a closed meeting on July 3 was rumored to be related to Ripple but had no official outcome. Ripple's CEO expressed the intention to withdraw the cross-appeal, while the SEC maintained its appeal. Resolving this lawsuit could take several weeks or longer.
"We see potential to end this lawsuit in the near future; however, the process still requires time and waiting for a decision from the SEC."
Marc Fagel, cryptocurrency legal expert, 2025
What important developments are awaiting XRP this week?
XRP's price often fluctuates according to legal news. The SEC's closed meeting on 10/7, along with Ripple CEO Brad Garlinghouse's hearing before the U.S. Senate Banking Committee on 9/7, will have a significant impact on XRP's future. Brad Garlinghouse will call on the U.S. government to establish transparent regulations for the cryptocurrency market.
The debate is heating up about the legal framework for crypto in the U.S. At the same time, the parent company of the Truth Social platform has filed to propose a new ETF including XRP, Bitcoin, Ethereum, Solana, and Cronos, creating opportunities to attract institutional investment for XRP.
"We believe that clear regulations will help cryptocurrency investors and businesses grow more transparently and sustainably."
Brad Garlinghouse, CEO of Ripple, 9/7/2025
How might the new ETF impact XRP?
If the new ETF is approved by the SEC, XRP will be included in the investment portfolios of major institutions. This creates a breakthrough for the long-underestimated Token, helping to increase liquidity and improve its reputation in the global market.
According to Forbes' 2024 report, the emergence of ETFs linked to top cryptocurrencies has boosted capital inflow into the market by up to 5 billion USD in the first quarter of the year. XRP's participation in this ETF group will have a similar opportunity.
Comparison table of Tokens in the new ETF
Token Market Cap (2025) Main Application Growth Potential Bitcoin 900 billion USD Store of Value High - Large Ecosystem Ethereum 450 billion USD Smart Contract, DApp High - Continuous Technological Innovation XRP 40 billion USD Cross-border Payments Average - Supported by ETF development Solana 25 billion USD DeFi, NFT High Potential - Fast System, Low Fees Cronos 8 billion USD Multi-chain Blockchain Average
Frequently Asked Questions
What does the SEC's closed meeting on 10/7 have to do with Ripple? This meeting is said to evaluate whether or not to withdraw the appeal in the Ripple lawsuit, according to the Sunshine Act.
What will Ripple's CEO present before the U.S. Senate? Brad Garlinghouse will propose building a clear legal framework for the cryptocurrency market to promote sustainable development.
How does the launch of the new ETF affect XRP? If approved, the ETF will help XRP attract institutional capital inflow and enhance its position in the market.
How long could the Ripple lawsuit take to resolve? According to experts, this could take several weeks to several months depending on the developments discussed at the SEC.
Why is XRP's price sensitive to legal news? Because XRP has previously faced a prolonged lawsuit, every legal update impacts the trust and volatility of this Token in the market.
Source: https://tintucbitcoin.com/xrp-doi-tin-sec-ngay-10-7/
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