XRP News Summary: June 25, 2025

Author: Bob Mason

Published: June 25, 2025

Key Highlights

• XRP rallies as optimism builds over Judge Torres approving the SEC and Ripple’s revised settlement motion.
• Ripple's agreement to drop its cross-appeal may clear the way for institutional XRP sales to resume.
• A favorable ruling could ease legal risk and support approval of pending XRP-spot ETF applications.

Market Sentiment and Legal Developments

On June 24, market focus shifted back to the SEC vs. Ripple case as investors awaited a crucial ruling from Judge Analisa Torres regarding proposed settlement terms. Optimism surrounding a favorable ruling has led to increased demand for XRP, especially following a sell-off triggered by geopolitical tensions in the Middle East.

On June 12, the SEC and Ripple filed a joint motion requesting an indicative ruling on settlement terms, with Ripple agreeing to drop its cross-appeal and the SEC agreeing to withdraw its appeal if Judge Torres lifts the injunction on XRP sales to institutional investors and reduces the penalty to $50 million.

However, Judge Torres previously rejected the first filing due to procedural errors, which has left some uncertainty in the market. Despite the optimism, XRP remains below its May high of $2.6553, indicating ongoing legal uncertainties.

Potential Impact on XRP ETF Applications

The withdrawal of the SEC's appeal could significantly impact ETF issuers with pending XRP-spot ETF filings. If the SEC successfully appeals against the Programmatic Sales ruling, XRP could be classified as a security in secondary sales, potentially leading to delisting from exchanges and rejection of pending ETF applications.

Exchanges had previously re-listed XRP after Judge Torres ruled that programmatic sales of XRP did not meet the criteria of the Howey Test, which determines whether an asset is classified as a security.

XRP Price Outlook

As of June 24, XRP gained 1.4%, closing at $2.1910, following a 6.9% rally the previous day. The near-term price trajectory for XRP will depend on Judge Torres’ ruling, the SEC’s appeal plans, and news related to XRP-spot ETFs.

A breakout above the 50-day Exponential Moving Average (EMA) could lead to a retest of the June 16 high of $2.3389, while a drop below the 200-day EMA could bring the support level of $1.9299 into play.

Broader Market Context

While XRP advanced on optimism regarding the Ripple case, Bitcoin (BTC) also saw gains as investors anticipated a potential Federal Reserve rate cut in Q3. Fed Chair Powell's comments about the current economic conditions were interpreted as a signal for risk assets, contributing to a bullish sentiment in the market.

BTC closed at $106,139, with ETF inflows supporting its upward momentum. The total US BTC-spot ETF inflows reached $152.3 million, indicating strong investor interest.

What to Watch

Investors should closely monitor developments in the Ripple case, legislative updates, and ETF flows, as these factors will be crucial in determining the near-term price trends for both XRP and BTC.