Ripple (XRP), the 4th largest crypto currency by global market cap, dwindled below the $2 price level for the first time since early May, 2025. The news of the United States (USA) striking Iran on Sunday morning set off a wave of panic among investors, flushing the Crypto Fear & Greed Index to record low levels this month.
The weakened psychological support levels below $2 for Ripple (XRP) come amidst a whirlpool of bearish events, including another delay in the U.S. Securities and Exchange Commission (SEC) vs Ripple Labs case & tensions in the Middle East.
$150M Settlement On Hold, Ripple & SEC Case To Drag On?
In relation to the Ripple vs. SEC case, a prominent lawyer discussed the odds of the high-profile case not being settled until late 2026. In response, Bill Morgan, another crypto-savvy attorney, explained why such an outcome is unlikely, hinting that Ripple & SEC will get the $50M settlement deal rolling soon.
However, the outcome of the Ripple & SEC case could drag on to late 2026 in the case of District Judge Analisa Torres ruling against the joint motion, submitted by both parties last month. Calling this scenario an “improbable outcome”, XRP enthusiast Bill Morgan claims that the lawsuit is close to the $150 million resolution.
If the joint motion to set an indicative ruling is definitely granted, this would open up the $150 million XRP in escrow, of which $50 million goes to the Securities and Exchange Commission (SEC). According to the $150 million XRP settlement deal, the other $75 million in XRP is returned to the issuer Ripple Labs.
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People Also Ask:
Why did XRP’s price drop below $2? XRP crashed below $2 mainly due to a delay in the Ripple-SEC lawsuit. Legal FUD and market jitters triggered the dip, so stay cautious.
What’s the Ripple-SEC lawsuit about? The SEC says Ripple sold XRP illegally, and a $150M settlement is on the table but stalled. This ongoing saga keeps XRP’s price in a chokehold.
Should I buy XRP during this dip? XRP’s below $2, but the $150M SEC settlement delay screams risk. Hold off and watch for a confirmed deal before jumping in.
Can XRP recover from this drop? A finalized $150M SEC settlement could spark an XRP rally, but uncertainty lingers. Stay cautious—crypto dips can be brutal traps.
How does this impact Ripple’s future? The $150M settlement delay slows Ripple’s global payment push and XRP adoption. A resolution could unlock growth, but it’s a waiting game.
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