The XRP community is on high alert as the U.S. Securities and Exchange Commission (SEC) holds another closed-door meeting today at 2:00 PM ET. The anticipation stems from a post by prominent crypto influencer JackTheRippler on X, who highlighted the meeting’s potential to bring finality to the long-running Ripple lawsuit. The official Sunshine Act notice confirms that one of the agenda items is the “resolution of litigation claims,” fueling speculation that the SEC may be preparing to formally end its case against Ripple . The Legal Backdrop The SEC’s case against Ripple began in December 2020, accusing the company of conducting unregistered securities sales through its XRP token. In July 2023, Judge Analisa Torres ruled that while Ripple’s institutional sales violated securities laws, its programmatic sales on public exchanges did not. The decision was a partial win for Ripple and a defining moment for XRP’s regulatory status. BREAKING: SEC Closed Meeting is today! Will they announce the end of the @Ripple case? #XRP pic.twitter.com/6wAoFJ5pUj — JackTheRippler © (@RippleXrpie) July 31, 2025 Following the ruling, Ripple agreed to pay a $50 million civil penalty as part of a settlement proposal. However, the case remained open as both Ripple and the SEC filed appeals on aspects of the judgment. On June 27, 2025, Ripple voluntarily dropped its cross-appeal , signaling its willingness to bring the case to a close. Now, the ball is in the SEC’s court. Why Today’s Meeting Matters Although Ripple has stepped back, the case cannot be fully resolved until the SEC formally withdraws its own appeal. That requires a vote by the commission, an internal process that typically takes place during these closed meetings. The inclusion of “litigation claims” on today’s agenda has raised hopes that the SEC may be preparing to take this final step. It’s worth noting that the SEC has held multiple closed meetings in recent weeks, including on July 17 and July 24. While none of those sessions resulted in an official update on Ripple, the continued focus on litigation items suggests that internal discussions are ongoing. Today’s meeting, with Ripple having already withdrawn its appeal, is seen as a likely window for resolution. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Implications and XRP Price Action As of report time, XRP is trading at $3.10. Analysts have identified $3.23 as a key resistance level. A favorable outcome from today’s meeting, particularly confirmation that the SEC is dropping its appeal, could trigger a breakout above that threshold, potentially driving XRP toward new cycle highs. Sentiment in the XRP community remains high, with many investors hoping that a resolution will not only solidify XRP’s legal status but also pave the way for institutional adoption and potential exchange-traded products (ETPs) tied to the token. Looking Ahead If the SEC votes today to end its appeal, the formal withdrawal will likely be filed with the appellate court within days. That would make Judge Torres’ ruling final and close the case. If no decision is announced, the commission may be preparing for a future vote, potentially before the August 15 deadline to update the court on the status of the appeal. For now, all eyes are on the SEC. The XRP Army is watching closely, hoping today finally brings the clarity they’ve waited nearly five years to see. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Army Hopes for SEC Decision Today As Another Closed Door Meeting Holds In 2 Hours appeared first on Times Tabloid .
