- Ripple and the SEC seek to pause appeals as a revised $125M penalty settlement awaits a pivotal court decision by mid-August 2025.
- XRP price consolidates near $2.00 within a symmetrical triangle, with technical compression building toward a decisive market move.
- The renewed joint motion aims to dissolve Ripple’s injunction and split the penalty, aligning with broader SEC crypto enforcement trends.
The legal standoff between Ripple and the U.S. SEC has entered a new phase as both parties filed a joint status report. They requested the Second Circuit to maintain a pause on the pending appeal. This move follows a renewed motion submitted to the U.S. District Court on June 12, 2025. The motion proposes dissolving the injunction against Ripple and reallocating the $125 million civil penalty. Ripple aims to recover $75 million, with $50 million going to the SEC. Consequently, both parties seek to resolve the matter without additional litigation.
The request comes after the court previously rejected their initial motion for an indicative ruling in May. Judge Analisa Torres ruled it lacked “exceptional circumstances.” Hence, the new filing now attempts to meet that standard. The parties argue the proposed settlement aligns with the SEC’s crypto enforcement strategy. Besides, it would streamline the judicial process while avoiding a lengthy appellate battle.
Court Decision Pending as August Deadline Looms
The Second Circuit has not yet ruled on the pause request. However, the SEC has agreed to submit a status report by August 15, 2025. This report may determine whether the court allows the appeal to resume or accepts the revised settlement. Moreover, this could be a turning point in the long-standing Ripple-SEC dispute.
In parallel, XRP’s price action reflects anticipation. The 4-day chart on KuCoin shows a symmetrical triangle pattern developing since early January 2025. Price surged past $2.80 in late 2024 before entering a consolidation phase. Currently, XRP trades near $2.00 at the triangle’s apex, indicating pressure is mounting.
Symmetrical Triangle Reflects Critical Technical Compression
The triangle connects lower highs and higher lows, indicating neutral bias with price compression nearing its breaking point. Additionally, XRP remains confined between $1.60 and $2.80 with multiple volatile wicks. Price structure shows consistent support and resistance as the market awaits direction.
Source: STEPH IS CRYPTO
Volume data is not visible, yet reduced price momentum confirms dwindling volatility. XRP has respected both trendlines. The consolidation pattern remains intact, showing no breakout or breakdown as of mid-June.
