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As the U.S. Securities and Exchange Commission (SEC) takes a more favorable stance toward XRP exchange-traded funds (ETFs), the crypto community remains on edge over the resolution of the ongoing Ripple lawsuit. The recent settlement of the Coinbase case has only intensified speculation about a possible dismissal of the SEC’s lawsuit against Ripple. Legal expert Jeremy Hogan has suggested that a settlement could materialize as early as Q2 2025.
Jeremy Hogan’s Take on the XRP Case
Jeremy Hogan, a well-known attorney in the XRP community, recently shared his insights regarding the timeline of the Ripple lawsuit. Responding to a post by Good Morning Crypto host Johnny Krypto, Hogan stated that his “gut feeling” points to a settlement by the first half of April or early May 2025. However, he clarified that this prediction is not based on concrete evidence but rather an intuitive assessment of the legal proceedings.
An earlier resolution is definitely in play, but I'm still thinking it might be May.
— Jeremy Hogan (@attorneyjeremy1) February 22, 2025
May or the first half of April. Just a hunch.
The Coinbase lawsuit closure has also fueled optimism. The SEC’s decision to drop its case against Coinbase highlights a shift in its regulatory approach, possibly setting a precedent for the Ripple case. Coinbase CEO Brian Armstrong celebrated the settlement, criticizing the SEC for spending millions in taxpayer dollars and causing unnecessary harm to the crypto industry.
SEC’s XRP ETF Acknowledgment Sparks Optimism
Further bolstering confidence in a potential lawsuit resolution, the SEC recently acknowledged multiple applications for an XRP ETF. Major asset managers, including Grayscale, 21Shares, CoinShares, Bitwise, and Canary Capital, have submitted proposals, signaling growing institutional interest in XRP. While the SEC’s acknowledgment does not guarantee approval, it indicates a shift in sentiment towards crypto regulation.
Also Read: Will XRP Price Reach $300 if the SEC Ends Ripple Lawsuit? Analysts Weigh In on Future Projections
With the SEC demonstrating a willingness to make decisive moves before the appointment of Commissioner Atkins, the likelihood of a pre-May 2025 XRP lawsuit settlement appears stronger. The combination of the Coinbase case closure, regulatory shifts, and ETF advancements suggests that Ripple may soon see a long-awaited legal victory, potentially unlocking new growth opportunities for XRP.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
