Ripple Labs (XRP) and the US Securities and Exchange Commission (SEC) have presented a joint motion to suspend their appeals and cross appeals for 60 days, bringing the longtime saga closer to an official agreement.
The joint motion observed that Ripple and the century reached an in -line agreement, pending the approval of the century, to resolve the legal dispute, including the appeal of the SEC and the subsequent appeal of Ripple.
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The joint motion of the US and Ripple file to pause the appeals to finalize the regulation
Be ready $ Xrp
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– Amonyx (@Amonbuy) April 11, 2025
The legal battle almost 5 years of Ripple with the sec has finally ended
The deposit of yesterday (April 10) said: “A suspended keeps the judicial and party resources while the parties continue to pursue a negotiated resolution of this issue”.
Sec vs. Ripple Labs was the most important legal dispute in the history of cryptocurrencies. It has been underway for almost five years, starting from when the regulatory agency sued Ripple in December 2020 for the sale of Token XRP, which the regulator believed had broken the federal laws on the titles.
The case has attracted significant attention in the last five years, always under the eyes of the public. The main debate has always been focused on the fact that the native chain token, XRP, should be considered financial safety.
After years of delays, the case saw a significant change in favor of Ripple following the victory of the US presidential elections by Donald Trump. From the inauguration of Trump in January 2025, the century has taken on a more favorable position on digital activities.
Since the beginning of the year, the century has abandoned the causes against more cryptocurrencies, including Coinbase, Uniswap and Kraken.
While the question if the digital resources are titles was fundamental for the multitude of legal causes, the renewed leadership of the agency rotated to work to identify the cryptocurrencies that are not.
The century also announced last month that the meme coins are not titles. He stressed that those who act illegally or who commit fraud would still be held responsible, with the full force of the law caused against them.
Breaking news: the century has just shared simple rules on how crypt companies should follow the laws and what they have to say to the public. $ Xrp pic.twitter.com/wvfujc4t1i
– Brett (@brett_crypto_x) April 11, 2025
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XRP becomes green after the news of the century and ripple on pause appeals
The native token of Ripple Labs, XRP, has returned above $ 2 on the news of the century, growing about 4% from the minimums of yesterday of $ 1.92 at its current price of $ 2.01, for Cornckoo.
Once the original news came in November 2024 that the century had dropped the case against Ripple, XRP increased by more than 500%, going from $ 0.5 to $ 3.31 in January 2025.
It was the news that the Ripple community had been waiting for almost five years and the explosion of the price of XRP was monumental. For years, XRP holders believed that the revenge of the century against Ripple was suppressing the price, with many believing that it would be a token of $ 100 without legal problems.
Coinciding with the Seclement News Seclement, XRP also seems the most likely the next Altcoin with a list of Etf Spot. Starting from 8 April, 11 patrimonial managers have applied for an Etf Spot XRP list. These include Betwise, 21shares, Grayscale and Franklin Templeton.
There were fears that XRP would have had difficulty keeping the level of $ 2 as if it were lost. There was no significant support up to $ 1. At this moment, $ 2 have remained constant and more bullish catalysts try to push it towards those levels of all times of $ 3.3.
(Coingecko)
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The century and Ripple Labs have presented a joint motion to pause the appeals, leading many to believe that an official agreement is coming
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After five years of legal issues, it seems finally a conclusion to The Ripple vs. SECA Saga is near
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XRP has returned above $ 2 after the news, with many believers that $ 10 will arrive
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11 of the largest patrimonial managers in the world have now presented ETF Spot XRP products
The joint post Ripple and sec and file request to suspend the appeals: XRP turns off above $ 2 appeared first out of 99 bitcoins.