The Ripple (XRP) vs. SEC case is currently awaiting a ruling from Judge Analisa Torres of the US District Court for the Southern District of New York. The SEC has recently filed its opposition to Ripple's motion to strike new expert materials, arguing that the testimony in question was not expert testimony but a summary of Ripple's financial records, which the court had previously allowed .
The court's decision is anticipated soon, and it could significantly impact XRP's price. Ripple's defense team is prepared to appeal if the ruling includes penalties that they find excessive .
The outcome of this case is crucial for the future of XRP, as a favorable ruling for Ripple could lead to a significant price rally. Conversely, a ruling in favor of the SEC could bring further regulatory challenges for Ripple and the broader cryptocurrency market.