A US judge has denied the SEC’s request to dismiss Ripple’s case, extending the legal battles surrounding XRP and its status. While Judge Torres rejected both Ripple’s plea for a joint motion ruling and the SEC’s own attempt at an indicative ruling on May 15th, 2025 in New York, this decision throws more uncertainty into the market already impacted by volatility. Ripple continues to face legal challenges, while XRP’s market stability remains compromised due to this ongoing legal battle. This delay in resolving the case has further affected the company’s reputation and investor confidence, with experts suggesting that Ripple’s history of regulatory battles could influence the XRP market trajectory in a significant way.