XRP News Today: XRP Community Awaits SEC Meeting on Ripple Legal Resolution

The XRP community is closely monitoring a U.S. Securities and Exchange Commission (SEC) closed-door meeting scheduled for 2:00 PM ET on July 31, 2025, in hopes that it will signal the end of the nearly five-year legal battle between the SEC and Ripple Labs. The meeting, highlighted by crypto influencer JackTheRippler, has drawn widespread attention due to the official Sunshine Act notice listing “resolution of litigation claims” as an agenda item [1]. This development has led to speculation that the SEC is preparing to withdraw its remaining appeal following Ripple’s voluntary drop of its cross-appeal on June 27, 2025 [1].

The legal dispute between Ripple and the SEC began in December 2020 when the regulator accused the company of conducting unregistered securities offerings via the XRP token. In July 2023, Judge Analisa Torres ruled that while Ripple’s institutional sales of XRP constituted securities, the programmatic and public exchange sales did not [1]. This decision marked a pivotal moment in XRP’s regulatory journey and led to a proposed $50 million civil penalty settlement. However, the case remained open as both parties pursued appeals [1].

With Ripple stepping back from the appeals process, the onus is now on the SEC to finalize the case. The commission must approve the withdrawal of its own appeal, a process that typically occurs during internal closed meetings [1]. The inclusion of litigation items on the agenda has raised optimism among XRP holders that today’s session may mark a definitive end to the legal proceedings [1].

This is not the first closed-door meeting held in recent weeks; the SEC convened on July 17 and July 24, 2025, with no public updates on the Ripple case. However, the continued focus on litigation-related matters suggests that internal discussions remain active [1]. The current meeting is now seen as the most likely opportunity for a resolution, particularly since Ripple has signaled its intent to conclude the case [1].

The outcome of the meeting carries significant implications for XRP’s price and broader market sentiment. As of report time, XRP is trading at $3.10, with $3.23 identified as a key resistance level. Analysts suggest that confirmation of the SEC’s withdrawal could drive the token to new cycle highs [1]. A favorable resolution would not only provide legal clarity but also potentially open the door for institutional adoption and the development of exchange-traded products (ETPs) tied to XRP [1].

If the SEC votes today to terminate its appeal, the formal withdrawal is expected to be filed with the appellate court within days, making Judge Torres’ ruling final and effectively closing the case. Should no decision be announced, the commission may opt for a future vote before the August 15 deadline to update the court on the appeal’s status [1].

The XRP community remains in high anticipation, watching closely for any developments that may bring long-awaited clarity to the case.

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/)