• Choose Torres rejected the sooner movement in Could, citing a scarcity of “exceptional circumstances.”
• The SEC filed a brand new standing report on 16 June requesting a maintain on appellate proceedings.
• On the time of writing, this movement continues to be pending, and the courtroom has not but issued a choice.

The continuing authorized battle between Ripple Labs and the US Securities and Alternate Fee (SEC) has entered one more section of delay.

Each events have now requested the US Court docket of Appeals for the Second Circuit to pause proceedings, this time till 15 August 2025, as they try and settle the matter out of courtroom.

This request follows a collection of developments within the case, together with failed motions, revised penalty proposals, and ongoing efforts to elevate an current injunction towards Ripple’s actions.

SEC and Ripple search settlement and injunction reduction

Ripple and the SEC have collectively filed a movement asking the district courtroom to dissolve the everlasting injunction imposed on Ripple Labs and cut back the monetary penalty from $125 million to $50 million.

That is half of a bigger try and resolve the case by means of a settlement relatively than persevering with with a protracted appeals course of.

The background to this stems from April 2025, when the 2 sides submitted a request for an “indicative ruling” to change a ultimate judgment.

The intention was to permit Choose Analisa Torres to revise the courtroom’s authentic orders in mild of ongoing negotiations.

Nonetheless, on 13 Could, Choose Torres rejected the request, stating that the movement failed to satisfy the required “exceptional circumstances” commonplace wanted to change a ultimate ruling below Rule 62.1.

Regardless of this setback, Ripple and the SEC returned with a brand new movement on June 12, once more asking the courtroom to rethink the present injunction and settle for the revised $50 million settlement determine.

On the time of writing, this movement continues to be pending, and the courtroom has not but issued a choice.

SEC standing replace urges suspension till August 15

The SEC filed a brand new standing report on 16 June, requesting that the appeals course of be placed on maintain till no less than 15 August.

The report argues that persevering with the attraction throughout this interim interval can be inefficient and probably pointless if the district courtroom guidelines in favour of the joint movement.

The pause has not but been granted. The request stays into account by the Second Circuit.

Earlier this 12 months, the same delay had been requested, underscoring each events’ shared curiosity in resolving the case by means of negotiation relatively than prolonged litigation.

The technique seems to be geared toward conserving assets and avoiding a drawn-out appeals course of, which might stretch into 2026 with out decision.

XRP price regular amid authorized uncertainty

Amid the authorized developments, XRP has proven some resilience available in the market.

As of the most recent knowledge, XRP is buying and selling at $2.21, reflecting a modest rise up to now 24 hours. The token’s complete market capitalisation at present stands at $130.5 billion.

Market watchers counsel {that a} beneficial courtroom ruling might probably take away limitations for Ripple’s enterprise operations and inject new momentum into the XRP token’s efficiency.

No ultimate final result has but been reached, but when the district courtroom agrees to dissolve the injunction and endorse the $50 million settlement, it might mark a turning level within the long-running regulatory battle.

For now, all eyes stay on Choose Torres’ resolution, and its potential impression on each Ripple and the broader crypto regulatory setting.