On Thursday, May 29, the ongoing SEC vs Binance case grabbed attention, stirring uncertainty around Ripple and demand for XRP $XRP . Binance and the SEC jointly filed a motion to dismiss the case, likely following the SEC’s final closed-door meeting of 2025.
Despite the news, Binance Coin (BNB) didn’t benefit and slipped 2.89% by the end of Friday, May 30. #Xrp🔥🔥
Meanwhile, XRP faced heavier selling pressure. The SEC remained silent on the Ripple case after the meeting, disappointing those hoping for a second court filing that could lead to a settlement. Investors were looking for clarity on possible settlement terms—such as lifting the ban on XRP sales to institutional investors and reducing the $125 million penalty. #Write2Earn
