XRP News Today: Judge Rejects Ripple's Settlement Proposal, XRP Faces Delay

Ripple’s ongoing legal battle with the US Securities and Exchange Commission (SEC) is reaching a critical juncture, with many in the XRP community anticipating a significant ruling. XRP, the cryptocurrency associated with Ripple, experienced a surge past $2 late last year, only to retreat below that threshold recently. Throughout 2024, the token has fluctuated around $0.50, a level many traders view as a pivotal barrier. The latest developments in the legal proceedings have intensified speculation about the token's future trajectory.

According to court records, Judge Analisa Torres rejected a proposed settlement on May 15, 2025. Ripple had aimed to pay a reduced fine of $50 million and lift a permanent injunction. However, the judge determined that the motion cited the incorrect procedural rule—Rule 62.1 instead of Rule 60. This ruling necessitates that Ripple and the SEC refile under the correct rule, potentially delaying the resolution by several months. Despite this setback, the legal process is expected to conclude soon, removing a significant obstacle for XRP.

Community sentiment is divided, with many XRP holders attributing the token's stagnation to "price suppression." They argue that external forces have prevented XRP from achieving higher gains, particularly around the $0.50 mark. After XRP briefly surged above $2 at the end of the previous year, discussions about suppression subsided, only to resurface as the token fell back below $2. Critics caution that such optimism could lead to disappointment, while proponents believe that the upcoming legal resolution will reveal the true potential of XRP and pave the way for a substantial rally.

XRP's utility in cross-border payments through RippleNet is often highlighted by commentators, who predict it could capture a portion of the tokenization market, projected to exceed $18 trillion by 2033. However, competitors like SWIFT and other blockchain platforms, such as Ethereum, Solana, and Algorand, are also targeting this market. Despite these challenges, XRP's real-world volume remains modest compared to its total supply, and widespread adoption has yet to materialize.

Analysts have set ambitious price targets for XRP, ranging from $50 to $1,000, contingent on the resolution of the legal issues. Reaching $100 would require a more than 40-fold increase in market capitalization from current levels. A $1,000 price tag would necessitate an even more substantial inflow of new capital. Most market observers believe that such a surge is unlikely without significant institutional investment or a breakthrough in cross-border payment adoption.

Both Ripple and the SEC have expressed a desire to conclude the case swiftly. However, appeals courts operate at their own pace, and even the most optimistic estimates suggest a final decision will not come until late 2025 or early 2026. The outcome of this legal battle could either validate the bullish forecasts for XRP or underscore the challenges the token faces in overcoming its legal hurdles. Until then, traders will closely monitor every court update, as the resolution could significantly impact XRP's future trajectory.