
Ripple-SEC Await Court Ruling: A potential decision on their joint motion could come Monday, possibly pushing XRP above $5.
Expert Cautions on Outcome: Lawyer Bill Morgan warns the motion may be denied, noting similar requests were quickly rejected before.
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to keep the crypto community on edge. Recently, both Ripple and the SEC renewed their joint request for an indicative ruling from Judge Analisa Torres โ and now, latest rumors on social media claim a decision could arrive as soon as Monday.
If the court approves the motion, many XRP supporters believe the token could quickly surge past $5. But not everyone is convinced this is a realistic outcome.
Expert Issues Warning
Pro-XRP lawyer Bill Morgan warned the community not to get carried away. In a recent post, he reminded followers that it took Judge Torres just seven days to reject a similar joint motion earlier. He suggested that the quick decision in the last case might be a hint that this new motion could face the same fate.
Morgan explained that the strongest part of Ripple and the SECโs request is their argument that modifying the final judgment is a necessary condition for their settlement. If Judge Torres agrees to lower Rippleโs fine and dissolve the injunction, it would finally end the case, saving court resources by closing both the appeal and cross-appeal.
However, Morgan also pointed out a weakness in this argument. He said that it was Rippleโs choice to make the settlement dependent on modifying the final orders. The parties could have simply agreed to end the legal fight and move on, but Ripple wanted more. Now, they’re essentially asking the court to accept a deal structured on their terms.
โI think she might grant it,โ Morgan admitted, โbut it also wouldnโt surprise me if she doesnโt.โ
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FAQs
Ripple and the SEC have renewed their joint request for an indicative ruling from Judge Torres to modify the final judgment, hoping to finalize their settlement.
Many XRP supporters believe approval could cause XRP to surge past $5, providing long-awaited regulatory clarity and potentially boosting institutional interest.
If the settlement is approved, analysts are bullish. Some predict XRP could rally to $2.50 in the short term, with long-term forecasts reaching $5 or even higher by late 2025 due to regulatory clarity and institutional adoption.