XRP News Today: SEC Meeting May End Ripple Case, Unlock XRP's 100% Surge

On July 10, 2025, at 2 p.m. ET, the U.S. Securities and Exchange Commission (SEC) is holding a closed-door meeting that could significantly impact the price of XRP. Popular crypto analyst STEPH IS CRYPTO has suggested that if the SEC decides to drop its appeal in the Ripple case during this meeting, XRP’s price could experience a parabolic surge.

The legal battle between the SEC and Ripple Labs began in December 2020 when the SEC sued Ripple, alleging that the sale of XRP constituted an unregistered securities offering. The case was overseen by Judge Analisa Torres of the Southern District of New York, who issued a pivotal ruling in July 2023. The judge concluded that Ripple’s programmatic sales of XRP to retail investors were not securities, while its institutional sales were. Following this decision, both parties filed appeals on different parts of the ruling. However, in May 2025, both parties submitted a settlement agreement to the court, which Judge Torres rejected. In response, Ripple withdrew its cross-appeal, with CEO Brad Garlinghouse confirming the move on June 27, 2025, and expressing the expectation that the SEC would follow suit.

Today’s SEC meeting, held under the Government in the Sunshine Act, includes “resolution of litigation claims” on its agenda. While this phrasing encompasses various cases, speculation is high that it pertains to the Ripple lawsuit. Former SEC enforcement attorney Marc Fagel noted that closed meetings are often used to vote on sensitive matters such as litigation settlements. If the SEC votes to dismiss its appeal, Judge Torres’ 2023 ruling would become final, providing XRP with regulatory clarity for the first time in years.

An SEC withdrawal could be a pivotal moment for XRP, as regulatory ambiguity has been a significant barrier to its growth. Removing this uncertainty could pave the way for major developments, including relisting on exchanges, increased institutional adoption, and potentially XRP-based ETF filings. Technically, XRP is trading just below a key breakout level, and traders have been closely monitoring for a catalyst. If the appeal is dropped, analysts believe XRP could swiftly surge past resistance and enter a parabolic phase.

Today’s SEC meeting could mark the end of one of crypto’s most high-profile legal battles. If the agency drops its appeal, it will solidify Ripple’s partial legal victory and provide XRP with the long-sought clarity. As STEPH IS CRYPTO predicts, this single move could unlock massive upside potential and initiate a historic breakout for XRP.