XRP News Today: $2.30 Key Amid SEC Appeal Headwinds; BTC Hits $110k on Demand Boost

By:
Bob Mason
Published: May 27, 2025, 02:31 GMT+00:00
Key Points:
Legal uncertainty continues to pressure XRP, which fell from $2.6507 to $2.2659 after the May 15 court ruling.
XRP remains volatile as the SEC's appeal on programmatic sales remains in play until a favorable settlement ruling
Bitcoin rallied as MicroStrategy added 4,020 BTC, pushing institutional demand despite US ETF markets closure.
XRP News Today
BLK

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XRP

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Bitcoin

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SEC vs. Ripple: Appeal Uncertainty Keeps XRP Under Wraps
XRP remained under pressure as uncertainties about the SEC vs. Ripple case intensified since the May 15 court ruling. Judge Analisa Torres denied an SEC request for an indicative ruling on settlement terms. These terms included lifting the injunction prohibiting XRP sales to institutional investors and reducing the $125 million penalty.

For Ripple and XRP, vacating the injunction could be crucial. The SEC requested the injunction to impact Ripple’s US expansion, ultimately preventing XRP adoption at the institutional level, including through On-Demand Liquidity (ODL) sales.

Significantly, the May 15 ruling exposed XRP to the risk of the SEC progressing its appeal against the Programmatic Sales of XRP ruling. In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP did not satisfy the third prong of the Howey Test. A reversal could prompt US exchanges to delist XRP to avoid SEC oversight.

However, Ripple would likely appeal a reversal, potentially taking the case to the US Supreme Court. While a Ripple victory at the Supreme Court would give legal precedent, the growing uncertainty could significantly affect XRP demand.

Notably, XRP tumbled from a high of $2.6507 before the May 15 court ruling to $2.2659 by May 25, reflecting legal uncertainties. Despite earlier pressure, XRP now hovers around $2.3, reflecting cautious investor optimism.

Following Judge Torres’ May 15 ruling, the SEC would need to file a second request, addressing the procedural error and offering a compelling argument that lifting the injunction and reducing the penalty serves the public and institutions.

XRP Price Outlook: Legal Risks in Focus
XRP dropped 1.37% on Monday, May 26, reversing Sunday’s 0.57% gain to close at $2.3104. The token underperformed the broader market, which gained 0.21%, taking the total crypto market cap to $3.38 trillion.

XRP’s near-term outlook hinges on court decisions and XRP-spot ETF-related updates.

Technical support sits at $2.26. A break above the May 12 high of $2.6553 could signal a move toward $3.00, with the potential to reach the record high of $3.5505.