⚖️ XRP and the SEC: Is the outcome approaching? 🚨
On June 16 and 17, the Ripple vs SEC case once again captured the attention of the crypto ecosystem. On the 16th, the deadline for the SEC to submit its report to the District Court expired, a key date that could mark the final direction of the litigation.
📌 What happened?
The SEC and Ripple filed a joint motion requesting to modify the final ruling, which implies that both parties are open to a settlement.
The court has yet to rule, and Judge Analisa Torres has the final decision.
The price of XRP remains steady around $2.20, showing resilience despite regulatory uncertainty.
🧠 And the ETF of $XRP ? June 17 was the deadline for the SEC to decide on the proposed spot ETF for XRP by Franklin Templeton. The decision was postponed again, in line with other similar extensions for crypto ETFs.
📅 Next key date: August 15, 2025, when the SEC must present its status report if the settlement is not approved beforehand.
📊 What does this mean for holders? Although there is still no final resolution, the market interprets the joint motion as a possible prelude to the case's closure. Some analysts even speculate a favorable decision for Ripple.
