🚨 XRP vs SEC: 16/6/2025 – The Day That Decides Ripple's Fate?
⚖️🔥 This could be a historical turning point for the entire crypto market!
The XRP community is holding its breath waiting for June 16 – the deadline for the SEC to file a status report in the Appeals Court after the settlement agreement with Ripple. Is the 4-year-long lawsuit coming to an end?
🔍 Case Summary:
• 2020: SEC sues Ripple, accusing it of selling XRP as an unregistered security.
• 2023: The court rules XRP is not a security when traded publicly. Ripple is fined 125 million USD (reduced to 50 million).
• 16/6/2025: Deadline for SEC and Ripple to complete the appeal withdrawal process. Rumors from @RemiReliefX reveal that an announcement may come as early as June 13, paving the way for a low-cost settlement without a ban on operations!
📈 Will XRP soar high?
• Positive Scenario:
XRP surged 10% to 2.49 USD after the appeal withdrawal rumor. Predictions from Polymarket: 98% chance of XRP ETF approval by the end of 2025 – opening a new era for XRP!
• Negative Scenario:
If the SEC continues to appeal, the drama could drag on until 2026. XRP could drop to 1.71 USD if it breaks the support at 2.13 USD. The risk of a short-term "shock" still looms!
💡 Why is June 16 extremely important?
This could be one of the historical days for Ripple – freeing itself from legal burdens and opening the door for the US market. Especially, under the new SEC, which is believed to be "more friendly to crypto", the odds are leaning towards Ripple!
💬 What do you think?
Will XRP go "To The Moon 🌕" or will there be another plot twist?
👉 Comment your opinion now – don't miss this historical moment!