XRP Destined to Surpass $589? Next and Final SEC Document In Ripple Case Raises Speculation

A recent post by prominent crypto enthusiast JackTheRippler has reignited interest among some members of the XRP community, following a judicial filing in the SEC v. Ripple Labs case. The filing, Document 984, dated May 15, 2025, by United States District Judge Analisa Torres, formally denies a motion from the parties requesting an indicative ruling in what appears to be an attempt to revisit the terms of the previously adjudicated Final Judgment. The next and final SEC document has the number “985” Coincidence? I don’t think so! 589 is real… #XRP pic.twitter.com/GnDfxyMBtq — JackTheRippler © (@RippleXrpie) May 17, 2025 According to the order, the court concluded that the motion was procedurally improper and lacked the necessary burden of proof to vacate the injunction or reduce the civil penalty. JackTheRippler, a well-known figure in the XRP community on X, drew attention to the fact that this order is Document 984, and the next filing in the case will be numbered 985. He posted: “The next and final SEC document has the number ‘985’ Coincidence? I don’t think so! 589 is real…#XRP”. The reference to “589” is a widely recognized speculative theory within parts of the XRP community, suggesting that XRP’s price could one day reach $589. Crypto Enthusiasts like Crypto Bitlord have claimed $589 as the real price target for XRP . The basis for this theory has often been criticized for lacking fundamental support but continues to surface during significant developments in the SEC v. Ripple litigation. Community Responses The comparison appears to rely on numerological associations between the upcoming court document number (985) and the long-standing symbolic figure of 589, which some community members interpret as prophetic rather than literal. The post elicited a range of reactions from the XRP community. One user, Jabby Dodger, responded , “I hate to think that people have actually listened to someone who can’t tell a ‘5’ from a ‘4’ when it comes to their finances.” In defense of JackTheRippler’s comment, user Vanessa Cherry countered : “I hate to think that someone doesn’t read the post that says the ‘NEXT’ and final number,” emphasizing that the tweet did not claim the current document but the subsequent one as relevant. Another user, Patronio, echoed the sentiment of those who see deeper meaning in the document number: “If you posted a negative reply to this you don’t get it. Oh well, too late for you.” This comment reflects a mindset common among certain XRP holders who view the $589 belief as part of a broader, often conspiratorial, narrative about future adoption or a dramatic revaluation. Court Rejects Request for Reconsideration The court filing attached to the tweet is significant in its own right, as Judge Torres rejected a request to have the court reconsider portions of the Final Judgment related to Ripple’s liability and civil penalty. The motion was styled as a request for “settlement approval.” The court determined that it failed to meet the legal standard for relief from a final judgment under Federal Rule of Civil Procedure 60, which demands “exceptional circumstances.” The court emphasized that the parties did not even reference Rule 60 in their motion. In citing precedent from SEC v. Citigroup Global Markets, Inc., the court made clear that such requests must be grounded in specific procedural standards and that attempts to reframe the motion without addressing the necessary legal thresholds were insufficient. Consequently, the motion was denied, and the Clerk of Court was directed to terminate it. Speculation Continues Despite Judicial Clarity XRP supporters and skeptics continue to monitor developments as the case advances toward its procedural end. Whether the next document, numbered 985, holds any significance beyond court administration remains, for now, purely speculative. Despite the clear legal reasoning behind the court’s decision, portions of the XRP community remain fixated on symbolic numerology and the narrative of a $589 valuation . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post XRP Destined to Surpass $589? Next and Final SEC Document In Ripple Case Raises Speculation appeared first on Times Tabloid .

Source: TimesTabloid