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SEC and Ripple: Understanding the Case Delays Amid XRP Surge

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) remains a focal point of dialogue in the cryptocurrency community.

Amid discussions about potential delays, former SEC lawyer Marc Fagel has clarified that neither the SEC nor the presiding judge is responsible for the timeline of the case.

Fagel notes that the delays stem from procedural agreements made by both Ripple and the SEC to drop certain claims, a process that typically takes one to two months.

This delay has been perceived by some as deliberate, but Fagel assures that it is customary and not indicative of any malfeasance.

Meanwhile, XRP has experienced a notable price increase, rising approximately 50% over the past 19 days.

In this past week alone, XRP's value climbed around 29%, with a recent surge of over 6% within the last 24 hours.

Currently, XRP is trading at roughly $2.93 and faces a critical resistance level around $2.90, which could see it rally toward its all-time high if surpassed.

The broader cryptocurrency market is also positively trending, with total market capitalization exceeding $3.7 trillion, indicating a resurgence in interest and liquidity.

Adding to the optimistic outlook, the upcoming U.S. Crypto Week 2025 aims to address regulatory frameworks, with lawmakers preparing to review significant legislation affecting the industry.

As these developments unfold, the intersection of legal clarity and market dynamics continues to shape the future of XRP and the wider crypto ecosystem.