Ripple and SEC have filed a joint motion to suspend all appeal activities, indicating a possible agreement in principle and hinting that the case may end without further litigation.
The motion aims to put all legal proceedings on hold while final settlement terms are being worked out, pending formal approval from the SEC.
If approved, this settlement would resolve the SEC appeal, Ripple cross-appeal, and claims against executives Chris Larsen and Brad Garlinghouse.
XRP price fell 4.24% to $1.9649, with analysts predicting a potential $27 rally based on macro events and regulatory direction.