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SEC Appeal Decision Pending The U.S. Securities and Exchange Commission (SEC) is scheduled for a closed meeting on February 13, 2025, to discuss ongoing litigation matters, including the potential appeal in the Ripple case. The outcome could significantly influence XRP's regulatory standing and market performance.
Market Dynamics XRP has seen a 28.5% decline from its January peak, with futures open interest dropping by over 50%. Indicators such as increased long liquidations and negative funding rates suggest a prevailing bearish sentiment.
Community Engagement Ripple is hosting the XRP Community Day next week, aiming to celebrate XRP's momentum, showcase innovations on the XRP Ledger (XRPL), and strengthen community connections.