XRP Lawyer Clarifies Ripple vs SEC Verdict Timeline

The ongoing Ripple vs. SEC legal battle has consistently fueled discussions in the XRP community, with recent rumors suggesting a potential delay in the final verdict until 2026. These concerns were recently dismissed by pro-XRP attorney Bill Morgan, who provided clarity regarding the case’s expected timeline.

Morgan addressed speculation circulating among investors, stating that such an extended delay in the decision is improbable unless there is a rejection of the current joint proposal by the presiding judge. He emphasized that the most likely outcome is that the summary judgment, penalties, and a permanent injunction will be confirmed and adopted by both the SEC and Ripple. Although a breakdown in settlement talks could technically lead to dual appeals, Morgan considers this outcome to be highly unlikely.

His comments follow an earlier development in which both Ripple and the SEC filed a joint request for an indicative ruling. This took place after Judge Analisa Torres rejected a similar motion in May. At this stage, the court awaits a crucial response from the SEC, which must be submitted by mid-August. Legal observers closely watching the case expect further progress once this document is in place.

Meanwhile, market sentiment continues to be shaped by broader industry leaders. Former Binance CEO Changpeng Zhao, commonly known as CZ, recently weighed in on market fluctuation via a post on X. In his message, CZ described any decline in token values before reaching a new all-time high as nothing more than a temporary dip. He asked if a new all-time high was inevitable and explained that only a few digital assets — including those with strong foundations and real user utility — would achieve such milestones during the next bull market cycle.

At the time of his comments, Bitcoin was trading at $105,635, reflecting a 3.53% increase in the past 24 hours according to CoinMarketCap data. CZ has previously speculated that Bitcoin could rally to an unprecedented $1 million in the current cycle, attributing this vision to institutional adoption and favorable regulatory changes that support the crypto ecosystem.

Adding another perspective, renowned technical analyst Peter Brandt shared insights on XRP’s market structure. By evaluating its recent weekly chart patterns, Brandt identified a potential classic head and shoulders (H&S) top formation developing. He clarified that if the price spike on April 7 is treated as a chart anomaly, the pattern strongly suggests a potential top formation that typically precedes a market reversal.

According to Brandt, XRP’s support currently sits near the $1.99 level, which aligns perfectly with the neckline of this head and shoulders pattern. He emphasized that a weekly close below the $1.87 mark would trigger a significant breakdown with far-reaching technical implications. This would potentially signal that the strong rally from late 2024 may have already concluded. Despite this cautionary technical outlook, XRP is currently holding above major support levels. At press time, the token is trading at $2.18 — marking an impressive 8.5% gain over the last 24 hours.

Related: Expert Advice: Sell XRP If You’re Confused

The collective insights from legal and market experts — ranging from attorneys like Bill Morgan to veteran traders such as Brandt and top exchange executives like CZ — continue to shape understanding around XRP and its future. As ongoing legal proceedings unfold and chart patterns evolve, the path ahead remains uncertain yet closely monitored by investors and industry watchers alike. XRP’s role in the broader digital asset space is far from settled, but today’s developments offer critical insight into what may lie ahead.