The ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC) is expected to remain unresolved until the end of 2025. The SEC has decided to appeal district court rulings they were not satisfied with, prolonging the legal proceedings.
Ripple, in response, plans to cross-appeal the arguments presented by the SEC. Ripple continues to criticize the SEC’s tactics, characterizing them as a form of regulation by enforcement, which poses a threat to the wider cryptocurrency industry.
As this protracted legal tussle unfolds, XRP traders are closely monitoring the situation to assess its impact on the price of XRP. Market participants are concerned about how these ongoing legal uncertainties will influence XRP’s value and trade activities.