XRP News Today: XRP Awaits SEC Meeting Outcome as Legal Battle Nears Resolution

The XRP community is on high alert as the U.S. Securities and Exchange Commission (SEC) convenes another closed-door meeting on July 31, 2025, at 2:00 PM ET. The session has been widely anticipated as a potential final chapter in the nearly five-year legal dispute between Ripple Labs and the SEC. A key agenda item listed in the official Sunshine Act notice is the “resolution of litigation claims,” sparking speculation that the SEC may be preparing to formally withdraw its remaining appeal in the case [1].

The legal battle began in December 2020 when the SEC sued Ripple, alleging the company conducted unregistered securities offerings through its XRP token. A landmark ruling in July 2023 by Judge Analisa Torres clarified that while Ripple’s institutional sales of XRP were deemed securities, its public and programmatic sales were not. This decision was followed by a proposed $50 million civil penalty settlement. However, the case remained unresolved until June 27, 2025, when Ripple voluntarily dropped its cross-appeal [1].

With Ripple no longer contesting the matter, the SEC now holds the final decision-making power. The commission must approve its own appeal withdrawal through an internal vote, typically conducted during closed-door meetings. While the SEC has held multiple such meetings in recent weeks—including on July 17 and July 24—no official update on Ripple was released [1]. The recurring inclusion of litigation-related agenda items, however, has led many to believe that internal discussions are still ongoing and that this meeting could be the final step.

The potential resolution could have significant market implications. XRP is currently trading near a key resistance level of $3.10, with $3.23 identified as a critical threshold. A confirmation that the SEC is dropping its appeal could trigger a breakout and potentially push XRP toward new cycle highs [1]. Investors and analysts alike are hopeful that a favorable outcome will not only solidify XRP’s legal status but also accelerate institutional adoption and pave the way for exchange-traded products tied to the token [1].

If the SEC votes to end its appeal, the formal withdrawal is expected to be filed with the appellate court within days, finalizing Judge Torres’ ruling and officially closing the case. In the event of no immediate decision, the commission may schedule a future vote before the August 15 deadline to update the court on the appeal’s status [1]. For now, the entire XRP community is watching closely, hoping this long-drawn-out legal battle will reach a definitive conclusion.

Source: [1] XRP Army Hopes for SEC Decision Today As Another Closed Door Meeting Holds In 2 Hours (https://timestabloid.com/xrp-army-hopes-for-sec-decision-today-as-another-closed-door-meeting-holds-in-2-hours/)