The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) could be approaching a pivotal moment. As rumors circulate that a court ruling may arrive today, the XRP community is buzzing with anticipation — some even predicting that XRP could skyrocket to $5.
But legal analysts urge caution. While a favorable ruling may positively impact XRP, hopes of a rapid moonshot may be premature.
Renewed Request for Settlement Approval
Last week, Ripple and the SEC jointly filed a motion requesting Judge Analisa Torres to issue an indicative ruling that could facilitate settlement. This includes modifying the final judgment, reducing Ripple’s penalty, and potentially dissolving the injunction against the company’s token sales.
If approved, this would end both the appeal and cross-appeal, allowing the case to close without further litigation.
Many in the XRP community interpret this as a sign that a resolution is imminent, fueling speculation of a major price breakout. However, legal experts suggest this optimism may be overblown.
Legal Expert Urges XRP Holders to Taper Expectations
Prominent pro-XRP lawyer Bill Morgan reminded the community that Judge Torres previously rejected a similar motion within seven days — a timeline that could repeat. While he acknowledged the logic behind the settlement request, he also highlighted a flaw in Ripple’s approach.
“It was Ripple’s decision to make the settlement dependent on modifying the final order,” Morgan said. “That’s not something the court is obligated to accept.”
Although Morgan said the judge might approve the motion, he made it clear that the decision remains unpredictable.
“Don’t get carried away expecting an immediate $5 XRP just because of a court update,” he cautioned.
What’s Next for XRP Price?
At the time of writing, XRP is trading near $0.49, holding firm despite ongoing uncertainty. A favorable ruling could trigger a short-term rally, but experts agree that realistic expectations are essential.
A $5 target may require more than a court win — including broader adoption, favorable regulation, and sustained market momentum.
Conclusion
While the XRP lawsuit may soon reach a resolution, experts advise caution over hype. A favorable ruling could benefit XRP holders, but expecting a parabolic surge to $5 overnight may be unrealistic. As always, investors should follow developments closely and prepare for multiple outcomes.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.