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The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may finally be nearing its end. In a recent court filing, the SEC submitted a settlement request to dissolve past judgments and finalize an agreement with Ripple. As news of the filing broke, XRP’s price jumped over 8%, climbing above $2.25.

SEC Moves to End Legal Action

The SEC asked Judge Analisa Torres to grant an indicative ruling that supports its proposed settlement with Ripple. Specifically, the agency requested:

🚨JUST IN: The @SECGov has announced a settlement with @Ripple, @bgarlinghouse and @chrislarsensf.

The parties have agreed that Ripple will pay $50M of the original $125M penalty, with the rest being returned to them.

Both sides will drop appeals if the court agrees to lift… pic.twitter.com/7rAEzFFJ5z

— Eleanor Terrett (@EleanorTerrett) May 8, 2025

• Removal of the previous injunction against Ripple.
• Release of $125 million in penalties held in escrow.
• A payout of $50 million to the SEC, with Ripple receiving the remaining funds.

Both parties also asked the Court of Appeals to pause their appeal process until Judge Torres rules on this settlement.

What Happens Next?

If Judge Torres agrees to the settlement terms, the next steps include:

1. A limited remand from the Appeals Court to the District Court.
2. Filing motions in District Court to finalize the reliefs.
3. Dismissal of appeals by both Ripple and the SEC once court orders are finalized.

These steps signal a major milestone in the XRP lawsuit settlement, potentially closing one of the most closely watched cases in crypto history.

XRP Price Reaction and Market Sentiment

In response to the news, XRP surged past $2.25, showing strong bullish momentum. Crypto analyst CasiTrades noted that XRP bounced from the $2.08 support zone and retested its macro resistance at $2.25.

She pointed out that the price is now consolidating tightly below a potential breakout level. While the Relative Strength Index (RSI) isn’t giving a strong signal, she highlighted that market waves suggest increasing volatility.

If XRP breaks cleanly above this resistance, it could signal the start of a larger rally in the days ahead.

Final Thoughts

The XRP lawsuit settlement is more than just legal housekeeping—it represents a moment of clarity for the XRP market. If the deal is finalized, Ripple and its investors may finally move forward without the weight of legal uncertainty. With XRP showing strength above $2.25, all eyes are on its next move.