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🗓 *June 16, 2025*
$XRP holders are watching the charts and court dockets closely today, hoping for a major turning point in the long-running Ripple vs. SEC legal battle. With rumors swirling that a decision on a key joint motion could arrive, some in the community are speculating about an explosive rally—potentially sending XRP to \$5.
But legal expert and pro-XRP lawyer **Bill Morgan** is urging caution.
Today marks the deadline for the SEC to file a status report with the U.S. Court of Appeals for the Second Circuit. This follows a joint request by both Ripple and the SEC to pause the appeals process and pursue settlement talks. While this development is noteworthy, it’s **not a final ruling**, and expectations of an immediate price spike may be premature.
Some XRP fans believe a court approval of the joint motion—seeking to dissolve the injunction against Ripple and reduce its penalty—could spark institutional confidence and send prices soaring. A “clean win” could pave the way for long-awaited regulatory clarity.
Yet Morgan points out a historical red flag: Judge Analisa Torres **rejected a similar joint motion within just seven days** earlier in the case. A swift response this time might not signal a green light—it could be déjà vu.
Still, there's reason to watch closely. Morgan highlights that the joint motion’s strongest argument is that modifying the final judgment is *necessary for settlement*. If Torres agrees, it could bring this saga to a close, ending the appeals process and conserving judicial resources.
🚨 $XRP P is currently trading at **\$2.16**. While some analysts suggest a push toward \$2.50 is possible if positive news breaks, a leap to **\$5 today** remains highly unlikely—especially given the legal uncertainties still in play.
The road to \$5 may still lie ahead—but today probably isn’t the day.
\#XRP 🔥 \$XRP #CryptoNews #RipplevsSEC #CryptoLaw #BillMorgan
