The Securities and Exchange Commission (SEC) is planning to file an interlocutory appeal in the Ripple case, according to reports. Ripple Labs has accused the SEC of backtracking and claims the agency failed to provide sufficient evidence for its claims against XRP. Ripple views the SEC’s appeal as a strategic pivot to adjust its approach to the digital asset sector. The impact of this legal battle on XRP’s market trajectory remains uncertain.

AI Sentiment: Neutral