Ripple and SEC Don File Joint Waiver to End XRP Lawsuit Appeals
Di Ripple SEC lawsuit don reach one important stage on August 15, 2025, when Ripple Labs and the U.S. Securities and Exchange Commission dem submit one joint status report to the Second Circuit, dey ask make dem no dismiss appeal so dem fit withdraw their own appeals. The notice confirm say dem don settle and each party go pay their own legal cost, but court still need approve am. Once court approve, the appeal phase go end, and that one go mark big turning point for the Ripple SEC lawsuit. As of press time, XRP dey trade for $3.12, e don drop 18% from the all-time high of $3.84. This development don remove big regulatory wahala for XRP and fit affect how market people feel.
Bullish
To remove the appeal load for the Ripple SEC case by joint concession dey widely seen as good for XRP. The settlement show say dem dey near finish, e reduce legal wahala wey dey hold down XRP price and market flowing money. Before, big regulatory clarifications like partial court win for 2023 trigger better price movement as traders start get confidence again. Short term, XRP fit see buying because relief, but wahala fit still dey until court approve the waiver. Long term, the full settlement fit make way for more institution adoption and fresh interest for XRP-based services, increase on-chain activity. Overall, the news strong for bullish side but e depend on court official okay.