Ripple $2.47 Within the scope of the ongoing lawsuit between the US Securities and the Stock Exchange Commission (SEC), a harsh decline in XRP prices took place after the Judge Analisa Torres rejected the request for indication of both sides. The value of the XRP declined by 5 percent hours after the court decision, led to a negative atmosphere in the markets. This development points out that the conclusion of the case with SEC may be even more delayed.
The price of XRP and the general situation in the crypto currency market
While an optimistic atmosphere in the Altcoin market was generally dominant, the XRP has recorded a 16 percent increase in the last month. But Ethereum 
$2,554.14Solana and dogecoin 
$0.225213 such as competitors, in this process, ranging from 3 to 50 percent have experienced higher increases. XRP, on the other hand, fell to $ 2.35 with a 10 percent correction with a sales pressure from $ 2.6 last week.
It is stated that an important tendency line has been tested in the technical analysis. Crypto Money Analyst “Man of Bitcoin 
$102,153.55”He warns that the XRP can be withdrawn to supports in the $ 2,19 – $ 1.79 band in case of breaking the current level. In addition, a 6 percent decrease in open positions in the market, while liquations in the last 24 hours have reached 22.86 million dollars.
Expert Opinions for the Ripple-SEC case and next steps
Following the rejection of the Judge Analisa Torres, Ripple and SEC rejected the request for a joint indication, some lawyers and experts from the Ripple community evaluated the possible roadmap in the case. Ripple administration, with this demand, two important penalties; He aimed to get rid of the obligation to stop the sale of illegal securities and the obligation to pay full penalties.
However, the court said that this move aims to change the important parts of the decision and that the process did not progress appropriately. Lawyer John Deaton used the following statements in his assessment of the process:
“From the point of view of the judge Torres, the SEC has been aggressive for five years. Thousands of hours of legal and judicial labor was spent. Now the impression that all this effort is unnecessary is being created.”
In addition, the Court emphasized that the amendment of the previous decision would be beneficial for both the public and XRP investors by fulfilling certain legal requirements of SEC and Ripple. It is foreseen that a significant recovery in XRP prices may be delayed until the legal process becomes clear.
Ways for Ripple and SEC
Following the court decision, Ripple’s Legal Director Stuart Alderoty announced that they would work together with the SEC to resolve the reservations expressed by the judge. Alderoty said in a statement on the social media platform X:
“Today’s decision does not change the points that Ripple has won (eg XRP, not a securities, etc.). The issue consists of concerns about the procedure in the rejection of Ripple’s opposing objection. Ripple and SEC will meet again to solve this issue together.”
On the other hand, lawyer Bill Morgan listed the possible legal steps in the case as follows: First of all, the parties would apply for a limited return to the Court of Appeal, then a new application will be presented with the demands of the judge Torres and as a result of the decision of the decision of the decision of the decision of the judge and the decision of the decision of the decision of the decision of the decision of the decision of the decision of the decision to be reluctant.
The eye of market actors and investors has been translated on how to form a basis of agreement between Ripple and SEC and how the court process will result. In this respect, it is evaluated that XRP prices have a limited field of movement due to existing legal uncertainties in the short term.
The merger of Ripple and SEC in a goal of finding a common solution can contribute to the conclusion of the case in a shorter time. However, the fulfillment of the legal requirements emphasized by the judiciary and observing the public interest stands out as the main criteria for possible compromise. The steps taken by Ripple and SEC in the coming process will continue to affect both the price of the XRP and the general law atmosphere of the sector.
The case process between Ripple and SEC is seen as an important example in terms of the legal position of digital assets and the formation of the regulatory framework. The explanations of the institutions and the court’s guidance cause investors to act cautiously within uncertainty. The decline in the XRP price shows that the process will be decisive for both Ripple and the crypto market until the case is concluded. For this reason, investors are advised to be careful against the price volatility that may be experienced in XRP and other digital assets.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
