News
  • Anjali Belgaumkar
    author-profile
    Anjali Belgaumkar right arrow
    Author

    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

    • author twitter
    • linkedin
  • Reviewed by: Qadir AK
    author profile
    Qadir AK right arrow
    Reviewed

    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

    • author facebook
    • author twitter
    • author linkedin
  • 2 minutes read

XRP News: Will Ripple vs SEC End This Thursday?

Story Highlights
  • XRP surges 60% this month as speculation grows that the SEC may soon dismiss its lawsuit against Ripple in a closed-door meeting.

  • Rumors of a BlackRock XRP ETF and new U.S. crypto laws add to bullish momentum, pushing XRP into a new phase of institutional interest.

XRP recently surged past the $3 mark for the first time in years, triggering fresh excitement across the crypto market. The rally comes amid unverified rumors that the U.S. Securities and Exchange Commission (SEC) could vote this Thursday to dismiss its long-running lawsuit against Ripple Labs.

A closed-door SEC meeting is reportedly scheduled for July, and many in the XRP community believe it could close the final chapter of the high-profile case. If the SEC chooses to drop its appeal, and Ripple follows by withdrawing its own, the district court’s ruling in Ripple’s favor would go into full effect, bringing the case to a close.

However, legal experts warn against jumping to conclusions. Former SEC lawyer Marc Fagel explained that while the SEC may vote to dismiss its appeal soon, the contents of these closed meetings remain confidential. “Anyone claiming to know what’s on the agenda is speculating,” he said. Still, Fagel agreed that a resolution is likely coming in the weeks ahead.

Meanwhile, the sentiment around XRP continues to grow. Over the past month, the token has gained nearly 60%, driven not only by excitement over the legal battle but also by broader institutional interest. Adding to the bullish sentiment, there are strong rumours that asset management giant BlackRock could be preparing an XRP ETF.

The timing aligns with broader developments in the U.S., including new crypto legislation aimed at increasing regulatory clarity and promoting innovation. If these legal and policy shifts materialize, they could push XRP’s utility in global payments.

While the future remains uncertain, XRP appears to be entering a new phase—backed by legal clarity, institutional attention, and strong price momentum. For now, investors are watching closely as Thursday’s SEC meeting approaches, hopeful that it could mark a major turning point for Ripple and XRP.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

What would happen if the SEC dismisses its appeal against Ripple?

If the SEC drops its appeal and Ripple withdraws its own, the district court’s previous ruling in Ripple’s favor would take full effect. This would officially close the lawsuit, bringing legal clarity for XRP.

Is the SEC expected to dismiss its lawsuit against Ripple this week?

There are unverified rumors of a closed-door SEC meeting this Thursday where a dismissal vote could occur. However, former SEC lawyer Marc Fagel warns that the agenda is confidential, and anyone claiming to know specifics is speculating.

Is BlackRock considering launching an XRP Exchange-Traded Fund (ETF)?

Yes, there are strong rumors that asset management giant BlackRock could be preparing an XRP ETF. This speculation aligns with growing institutional interest in XRP and broader developments in U.S. crypto legislation.

Show More

Related Articles

Back to top button