Can XRP Price Rally Stall Amid Ripple Vs SEC Case Delay?

Key Insights:

• XRP price consolidates at $2.2 despite a broader crypto market pullback today.
• Ripple vs SEC case delay sparks uncertainty, potentially stalling XRP’s expected rally.
• Analysts see the delay as a strategic opportunity for investors before a potential breakout.

XRP price has continued to consolidate at the $2.2 mark despite a slight pullback in the broader crypto market today. Besides, the latest development in the long-running Ripple Vs. US SEC lawsuit indicates a further delay ahead. It has dampened the investors’ sentiment, stalling the expected rally in the asset’s price.

However, it appears that not everyone deems the request by Ripple and the US SEC to hold the appeals a negative development. Instead, a renowned analyst emphasized that this development might give more time for both retail traders and institutions to enter the market at a lower price.

XRP Price Soars Despite Crypto Market Retreat

The XRP price has been long consolidating between $2 and $2.5 over the past few weeks. However, during writing today, Ripple Coin price has added more than 1% and rested at $2.22, falling from its 24-hour high of $2.34. The crypto has touched a low of $2.2 in the daily chart.

Meanwhile, its one-day volume has skyrocketed 160% to $5 billion. Despite that, CoinGlass data showed that XRP Futures Open Interest stayed near the flatline, indicating a cautious stance of market participants.

However, what caught the eyes of traders is XRP staying in the green despite a broader market pullback. Bitcoin price today lost around 0.5%, and Ethereum slipped more than 2%. The global crypto market cap also slipped 0.8% to $3.31 trillion at the same time.

Despite Ripple’s Coin holding strong, some experts predict the consolidating phase to continue for the XRP price. For context, the investors were anticipating a potential resolution in the Ripple Vs SEC case on June 16.

But the latest developments hint at a further delay in the lawsuit conclusion. Here we take a look at the recent legal developments and what experts are saying about its potential impact on the Ripple price.

Ripple Vs SEC Lawsuit Extends: Details

Ripple’s long-running battle with the U.S. SEC has hit another roadblock. A new joint filing from both sides has triggered a fresh delay, pushing back any final decision.

For context, Ripple and the US SEC have filed a joint request with the Second Circuit Court to keep their appeals on hold. The filing came after a June 16 legal update indicated both parties reached an agreement in principle.

However, the case now hinges on a pending “indicative ruling” from the district court. If granted, the court’s ruling would allow Ripple and the SEC to jointly dissolve an earlier injunction.

The proposed changes also include adjusting the $125 million civil penalty imposed on Ripple. Out of this amount, $50 million would go to the SEC, while the remainder would be returned to Ripple.

Legal expert James K. Filan pointed to this development, stating the delay follows a settlement-in-progress update from April.

The US SEC is scheduled to provide another status report by August 15, 2025. Although this new motion gives Ripple a potential exit from some restrictions, it delays a resolution for now in the legal matter.

How Does the Ripple Vs SEC Case Impact XRP Price?

The continued delay in the legal matter appears to have caused frustration among traders. Many have voiced their dissatisfaction with the delay in the XRP lawsuit.

However, experts like EGRAG CRYPTO have cited the latest delay as positive news for the institutions as well as the big players.

The analyst noted that the delay could allow more investors through August to enter the market, with the XRP price predicted to consolidate at $2.

In other words, despite the short-term setback, some traders may view the pause as a strategic opportunity.

Having said that, experts hinted towards a volatile trading through August for XRP price, before a potential breakout after the legal clarity in the Ripple vs SEC case.