The SEC and Ripple Labs have submitted a joint motion to pause their appeals in the ongoing XRP legal case. This strategic move allows the parties to finalize an agreement before moving forward with judicial proceedings. 60 days following the request, the SEC is obligated to provide a status update if the settlement terms haven’t been finalized. This comes as both the SEC and Ripple remain focused on finalizing their settlement in hopes of resolution. Ripple’s recent acquisition of Hidden Road for $1.25 billion signals its intent to expand into broader financial markets, while Grayscale has filed an XRP spot ETF application, sparking further discussions about crypto regulation in the U.S.