The XRP community is on edge as the SEC holds a closed-door meeting today that could finally resolve the long-standing legal battle with Ripple. Will this be the turning point for XRP’s future?
XRP News: SEC Meeting Could Bring Legal Clarity
The U.S. Securities and Exchange Commission (SEC) is holding a crucial closed-door meeting today at 2:00 PM ET. The agenda includes “resolution of litigation claims,” sparking hope among XRP holders that the SEC might drop its remaining appeal against Ripple.
Ripple Legal Resolution: A Timeline of Key Events
- December 2020: SEC files lawsuit against Ripple for unregistered securities offerings
- July 2023: Judge Torres rules XRP is not a security in programmatic sales
- June 2025: Ripple drops its cross-appeal
- July 31, 2025: SEC meeting that could end the legal battle
XRP Price Potential After SEC Decision
As of today, XRP is trading at $3.10. Analysts suggest that confirmation of the SEC’s withdrawal could push the token past its key resistance level of $3.23 and potentially to new cycle highs.
What This Means for the XRP Community
A favorable resolution would:
- Provide long-awaited regulatory clarity
- Open doors for institutional adoption
- Potentially lead to XRP-based ETPs
- Boost overall market sentiment
Frequently Asked Questions
What time is the SEC meeting today?
The SEC’s closed-door meeting is scheduled for 2:00 PM ET on July 31, 2025.
How long has the Ripple vs SEC case been going on?
The legal battle began in December 2020, making it nearly five years of litigation.
What was Judge Torres’ ruling in 2023?
Judge Torres ruled that while Ripple’s institutional sales of XRP constituted securities, the programmatic and public exchange sales did not.
What happens if the SEC drops its appeal?
If the SEC votes to terminate its appeal, the formal withdrawal would be filed within days, making Judge Torres’ ruling final and effectively closing the case.
What’s the next deadline in this case?
If no decision is made today, the SEC has until August 15 to update the court on the appeal’s status.
