Experts indicate that the Ripple SEC case is not facing delays but is undergoing standard legal procedures, positively impacting XRP's price.
No Delay, Just Due Process
Marc Fagel's recent tweet clarified that the delays in the case against Ripple are standard legal processes. He assured that there is no foul play, just the necessity for an internal SEC vote to approve the motion to dismiss.
XRP Surges as Legal Clouds Clear
While legal formalities are ongoing, XRP has surged by 50% over the past 19 days. At the time of writing, XRP is priced at $2.97, and breaking above the psychological $3.00 could lead to hitting an all-time high of $3.84 from January 2018.
Why Timing Matters: Crypto Week 2025
The conclusion of legal proceedings coincides with significant moments in the U.S. legislative calendar. Crypto Week 2025 will take place from July 14 to 17 and will focus on three bills that may significantly change digital asset regulation, potentially clarifying XRP's status.
According to Fagel, the Ripple case is not being stalled but is completing normal legal diligence. The convergence of this process with XRP's price increase and an important regulatory week highlights the significance of the current situation for the future of cryptocurrencies.
