by aria-ratings.com
June 20, 2025 at 03:55
SEC and Ripple: Legal Delays Create Surging XRP Activity
The ongoing legal battle between Ripple and the SEC has led to significant activity within the XRP ecosystem.
Recent insights from legal expert Bill Morgan suggest that Ripple is primarily responsible for the delays in the case, seeking to dissolve the injunction on XRP sales rather than the SEC delaying proceedings.
Morgan's analysis indicates that the SEC is actually cooperating with Ripple in this effort, which has become crucial for Ripple's ability to engage with institutional investors.
While a key ruling was expected by August 15, 2025, Morgan estimates that Judge Torres may issue a decision sooner, which could facilitate a swift settlement and lift the injunction.
In the meantime, there has been a remarkable rise in XRP wallet activity, with daily active addresses soaring to over 295,000—a 743% increase compared to the average recent activity.
This surge coincides with a new record of XRP whales, with 2,708 addresses holding at least 1 million tokens, indicating renewed interest from major investors.
Ripple's strategic focus on resolving the injunction appears to align with its plans for facilitating broader transactions, which may explain the recent uptick in both user activity and whale participation.
As the case continues to unfold, the Ripple community remains hopeful for a favorable resolution that will enable greater market engagement and potential price recovery for XRP.
These developments underscore the unique intersection of legal challenges and market dynamics within the cryptocurrency sector.
Investors and stakeholders are closely watching the case, with optimistic signals emerging from both legal and on-chain data perspectives.
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