Ripple vs SEC Update: Ripple’s $50 Million Settlement Hangs as SEC Case Pauses—What’s Next for XRP?

In the latest development in the Ripple vs SEC case, the United States Court of Appeals for the Second Circuit has officially put the SEC appeal on hold. This signals a significant shift in the long-standing battle over XRP’s regulatory compliance. This pause, which has been agreed upon by both Ripple and the SEC, halts all legal proceedings for 2 months. A status report from the SEC has also been deemed due by mid-June 2-25. This development has gained buzz in the crypto market, as the case may finally see its final resolution.

Ripple vs SEC Case Approaches Full Closure!

The case began in December 2020, with the SEC claiming that Ripple’s sale of XRP tokens was an unregistered securities offering. After years of proceedings, including a partial ruling in August 2024, which held Ripple liable for $125 million, both parties are now seeking a conclusion. In March 2025, the SEC dropped the case, and Ripple agreed to pay a penalty of $50 million. Both sides have since negotiated their positions. 

Attorney James K. Filan confirmed the joint motion on social media, stating that the court’s order to pause the appeal was granted based on the parties’ settlement efforts. Crypto analyst John Squire described this move as “far from a routine legal step,” suggesting it is a strategic pause amid high-level negotiations. The current development is supported by unusual whale activity and institutional wallet movements hinting at behind-the-scenes deal-making.

#XRPCommunity #SECGov v. #Ripple #XRP The parties’ joint motion to hold the appeal in abeyance has been granted. The @SECGov is directed to file a status report within 60 days of this Order. pic.twitter.com/mUgEBaJRuU

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) April 16, 2025

Ripple CEO Brad Garlinghouse has remained optimistic. The XRP community is also hopeful that this pause marks the final chapter of the dispute. The timing also coincides with a regulatory shift under new SEC Chair Paul Atkins, who is seen as more crypto-friendly and could influence the case’s outcome.

What Does This Mean for the XRP Token and Crypto Regulation?

If a full settlement is reached, it could clear years of legal uncertainty surrounding XRP, potentially paving the way for broader adoption and even the launch of XRP-based exchange-traded funds (ETFs). The Ripple vs SEC saga is officially on hold, but the countdown to a potential breakthrough has begun. Given that, let’s peek at the latest XRP price action to see if it is also reacting to the news. 

XRP Price Analysis: $2.12 Poses Key Resistance

XRP began trading yesterday at $2.054, falling to the $2.067 support initially. Soon, violent fluctuations occurred, as XRP abandoned the support level at 5:30 UTC, falling to $2.037. With the coin now almost oversold, a reversal occurred with the 9:00 AM golden cross. XRP formed a confident uptrend, leading it all the way up to $2.118 at 15:25.  However, XRP faced rejection at that level. XRP tested the $2.118 resistance again, but this time, it faced a sharp reversal as it dropped back to $2.053 at 18:00. 

Chart 1 – Published on TradingView, April 17, 2025

The RSI again indicated oversold conditions, and a trend reversal ensued. XRP climbed back up to test the resistance level. But the rejection continued in the absence of further buying pressure. An extended downtrend formed, with XRP reaching $2.060 in the early hours of April 17. The XRP price currently stands at $2.095 after an early morning upward trend. 

XRP Price Prediction: Can XRP Regain $2.1 Today?

The $2.1 mark has posed strict resistance to the XRP price’s advances. In the course of the last 24 hours, XRP has continued to test this level. However, XRP’s advances are being quickly reversed by the RSI. The bears look to be in control for now, and the current downtrend may intensify. Given that, it is highly likely that XRP will test the support level before getting another shot at the resistance.