The post Major XRP News Expected On July 10 As SEC Weighs Ripple Appeal appeared first on Coinpedia Fintech News
Ripple-SEC lawsuit could be nearing a breakthrough. The SEC is set to hold a closed-door meeting on July 10, where commissioners are expected to vote on whether to drop the appeal in the Ripple lawsuit. If the appeal is withdrawn, it could mark a major victory for Ripple and trigger a bullish breakout for XRP.
Will the SEC Drop Its Appeal?
The meeting will be held on Thursday, July 10, 2025, under the Sunshine Act. The agenda includes discussions on starting or settling legal actions, handling administrative proceedings, resolving litigation claims, and other matters related to enforcement and examinations.
Although the SEC has not named specific cases, the timing has sparked speculation that the Ripple lawsuit could be a part of the discussion, and the case may finally be concluded.
Previously, a July 3 SEC closed-door meeting was also speculated to be related to Ripple. However, no official update on the XRP case came afterward. Experts like Marc Fagel clarified that these are routine meetings and not connected to the Ripple case. While many expect both sides to eventually drop their appeals, there is still no clear timeline for when that might happen.
Ripple’s CEO recently shared the company’s intent to drop its cross-appeal. However, the SEC has not yet withdrawn its appeal in the XRP case. According to legal experts, a resolution could still take weeks or even longer.
Big Week For XRP
XRP’s price often reacts to legal news, and the upcoming July 10 SEC meeting could influence its next move. Ripple CEO Brad Garlinghouse is also set to testify before the Senate Banking Committee on July 9, 2025, where he will push for clear crypto market rules as the U.S. regulatory debate heats up. There is growing pressure for clear crypto rules, and this week could be pivotal for XRP.
In a latest update, Truth Social’s parent company, B.T., has filed for a new ETF with the SEC that includes XRP alongside Bitcoin, Ethereum, Solana, and Cronos. If approved, it could bring XRP into the institutional spotlight, a major shift for a token that is often seen as overlooked and undervalued.