Ripple and SEC File Joint Waiver to End XRP Lawsuit Appeals
Ripple SEC lawsuit reached a pivotal phase on August 15, 2025, when Ripple Labs and the U.S. Securities and Exchange Commission filed a joint status report with the Second Circuit, requesting a waiver of dismissal to withdraw their respective appeals. The notice confirms a settlement in which each party will bear its own litigation costs, pending court approval. Once approved, the appeals phase will end, marking a critical turning point in the Ripple SEC lawsuit. At press time, XRP trades at $3.12, down 18% from its $3.84 all-time high. This development removes a major regulatory overhang on XRP and could influence market sentiment.
Bullish
Removing the appeals overhang in the Ripple SEC lawsuit via a joint waiver is widely seen as bullish for XRP. The settlement signals a move towards finality, reducing legal uncertainty that has weighed on XRP’s price and market liquidity. Historically, major regulatory clarifications—such as partial court victories in 2023—triggered positive price rallies as traders regained confidence. In the short term, XRP may experience relief-driven buying, though volatility could persist until the court approves the waiver. Over the long term, a completed settlement could pave the way for broader institutional adoption and renewed interest in XRP-based services, enhancing on-chain activity. Overall, the news strengthens the case for bullish sentiment but hinges on official court approval.