SEC and Ripple Reach Preliminary Settlement to Suspend Appeals – Coincu

As of April 11, 2025, XRP is trading at $2.00, maintaining a market cap of approximately $116.58 billion, according to CoinMarketCap. Despite a slight 0.71% rise in the past 24 hours, XRP has seen a 18.23% decline over the past 60 days. The trading volume has decreased by 51.19%, suggesting reduced market activity amid the ongoing legal developments.

Experts from Coincu anticipate reduced regulatory ambiguity around XRP could bolster its market position and possibly stimulate broader market confidence. The case’s outcome might serve as a reference point for similar future disputes in the crypto sphere.

Ripple, SEC Push $50 Million Settlement Through SEC Committee

Ripple and the SEC have jointly requested a halt of their appeals in the Second Circuit, suggesting a “principle settlement agreement” has been reached. This move postpones any further legal actions until the SEC committee reviews and approves the agreement. Ripple’s legal team acknowledged the necessary formal approval from the SEC commissioners before finalization.

If approved, Ripple will pay a reduced fine of $50 million. The original figure was $125 million. The SEC has agreed to rescind its injunction on future XRP sales by Ripple. This outcome is expected to clear legal uncertainties surrounding XRP.

James K. Filan, Former U.S. Federal Prosecutor, Legal Commentator, Twitter, said, “The parties have filed a joint motion to hold the appeal in abeyance based on the parties’ agreement to settle. The settlement is awaiting Commission approval. No brief will be filed on April 16th.”

Market response has been cautiously optimistic. James K. Filan commented on Twitter that the joint motion marks significant progress. Meanwhile, the XRP community has expressed hopeful anticipation of the resolution, viewing it as a pivotal moment for Ripple and wider regulatory clarity.

XRP Market Awaits Clarity Amid Regulatory Resolutions

Did you know? The SEC’s potential settlement with Ripple mirrors its approach in the 2020 Gemini case, possibly setting precedence for cryptocurrency regulation and dispute resolution.

Ripple’s legal team acknowledged the necessary formal approval from the SEC commissioners before finalization.

Experts from Coincu anticipate reduced regulatory ambiguity around XRP could bolster its market position and possibly stimulate broader market confidence. The case’s outcome might serve as a reference point for similar future disputes in the crypto sphere.