You Won’t Believe What Ripple Wants Now in the SEC Lawsuit Drama! 😱

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The 10-year-long saga, where Ripple bravely fought against the SEC’s unrelenting hold, has finally stumbled onto the last hurdle. *Cue dramatic music.* After a decade of legal gymnastics, the epic battle between Ripple and the SEC might be nearing its end… but hold your horses, it’s not time to pop the champagne yet. There’s still one last obstacle between Ripple and its shiny future. While both sides have decided to take a breather from their appeals and contemplate a settlement, legal experts are whispering about a crucial twist that could make or break Ripple’s IPO dreams. 🌟

Ripple Wants More Than Just a Settlement? No Way!

1/20 What’s next in the Ripple/SEC saga? (TLDR; probably going to be months, not days).

— James Farrell (@Farrell1969) April 16, 2025

Crypto lawyer extraordinaire, James Farrell, has the inside scoop on the XRP lawsuit. And no, Ripple isn’t just sitting there hoping for a quick settlement. Oh no, they want an “indicative ruling” from Judge Analisa Torres. Fancy, right? This ruling would give Ripple the green light to start selling XRP privately—super important if they’re dreaming of going public (because IPOs are soooo last season). Without this ruling, Ripple’s chance of launching an IPO anytime soon is *basically* nonexistent, according to Farrell. 📉

Sure, a settlement might bring some legal peace, but it’s this magic ruling that would open the doors to Ripple’s next big business move. Especially if they want to dance in the US stock markets with their own ticker symbol. 💸

The SEC Might Take Its Sweet Time (Surprise, Surprise)

Now, even though everyone’s on pause, Farrell warns that the SEC could totally drag their feet when it comes to this ruling. Ripple could decide to submit a settlement proposal *and* the ruling request together, but don’t hold your breath—it could still take up to six months or more in district court before anything even remotely exciting happens. 🕰️

If Judge Torres decides to go ahead and change her original decision, we might see this case wrap up pretty quickly. But if she doesn’t? Well, say hello to another round in the appellate court, and *gasp* the resolution might get delayed until 2027. 😱

Is XRP About to Explode? 🤯

Meanwhile, while the legal drama unfolds, crypto traders are holding their breath, watching XRP’s price like hawks. Some analysts think that once this lawsuit is over, XRP’s price could skyrocket. Could $2 become the new floor for an explosive rally? Hold onto your hats, folks!

In fact, XRP has already bounced back with a 20% surge in just a week, reclaiming the $2 mark. Analyst Maelius is feeling optimistic, saying this could be just the beginning of a much larger surge. According to him, XRP’s market structure looks *super bullish* right now, especially after a solid rebound from the 50-week EMA (aka a fancy term for “this looks like a good time to buy”). If things go according to Maelius’ plan, XRP might just rocket to $10—no big deal, right? 🚀

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2025-04-17 08:27