<ul><li>The joint motion filed by Ripple and the SEC in the Ripple vs. SEC lawsuit has been granted by the United States Court of Appeals for the Second Circuit.</li><li>The SEC has been directed to file a status report on its legal case activities within 60 days.</li><li>Ripple CEO's announcement of the SEC dropping its latest appeal has not led to a positive reaction in XRP price.</li><li>Analysts believe that even if the case against Ripple is officially dropped, it won't impact XRP price significantly as it has already been priced in.</li></ul>

Official Update in the Ripple Vs. SEC Lawsuit: Is Settlement Next?

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