- Ripple and the SEC have agreed to extend the lawsuit proceedings, with a new status report deadline set for August 15, 2025.
- Despite the delay, XRP outperformed the top 15 altcoins, trading around $2.24 amid broader market uncertainty.
XRP holders hoping for closure in the long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) will have to wait a little longer. What many thought would be the final chapter has turned out to be yet another delay in a case that has spanned years.
Ripple vs. SEC: Another Delay in Sight
On June 16, the SEC submitted a long-anticipated status report regarding the lawsuit against Ripple. While some in the XRP community had hoped this filing would bring the legal saga to a close, the reality was less exciting. The SEC instead asked the court to continue holding the appeals in abeyance—in simple terms, to pause proceedings—until August 15, 2025. This new date now becomes the next key deadline.
Notably, both Ripple and the SEC agreed on this delay, as stated in the court documents. The motion, which awaits approval from Judge Analisa Torres, outlines that both sides support the extension.
Earlier this month, Ripple and the SEC had jointly proposed a settlement over the financial penalties Ripple would face. However, that proposal was rejected by the judge for failing to meet specific regulatory standards.
XRP Rises Despite Legal Uncertainty
Despite the legal standstill, XRP is showing surprising strength in the market. On the day of the SEC’s latest filing, XRP traded around $2.24, up 2.4%, making it the best performer among the top 15 cryptocurrencies. It even touched an intraday high of $2.34 before slightly retracing.
This performance stands out given the broader crypto market’s uncertainty, fueled by ongoing geopolitical tensions—especially the war between Israel and Iran—and the unclear reactions from major global powers like the U.S., China, and Russia.
What This Means for XRP Holders
While XRP’s price action offers a silver lining, the extended legal timeline means uncertainty persists. With the new deadline pushed to August 2025, investors and observers must prepare for more delays and potential twists in the courtroom.
Still, XRP’s ability to outperform under such legal and global tension suggests resilience—something that could keep interest strong while the Ripple vs. SEC saga continues to unfold.
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