Recent statements in the crypto community have sparked speculations that the final verdict in the SEC's lawsuit against Ripple may be postponed until the end of 2026.
Speculations on Delay in Legal Proceedings
Commentator BALE claimed on social media that the final judgment in the SEC’s case against Ripple could be delayed until 2026. This statement quickly spread through the XRP community, raising concerns among investors regarding the pace of the legal process.
Cooperative Efforts of Ripple and SEC
However, recent activity in the Southern District of New York shows that Ripple and the SEC have jointly filed a renewed motion in court. They are seeking to resolve the case quickly by proposing to reduce Ripple's penalty from $125 million to $50 million and lifting the ban on institutional XRP sales. This step demonstrates both parties' intent to quickly settle the dispute.
State of XRP Price Amid Anticipation
Amid the legal proceedings, XRP's price has dipped, currently around $2.01—a decrease of 2.43% in the last 24 hours. Analysts correlate this with global geopolitical volatility and anticipation of a legal resolution.
In light of recent statements regarding potential delays in the Ripple vs SEC case, official actions from both parties indicate a desire for a swift resolution. The expected outcome could significantly impact the cryptocurrency market.
