The long-standing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) may finally be approaching a resolution. The lawsuit, which has loomed over the XRP market for years, continues to generate anxiety within the crypto community. While the SEC has recently dismissed cases against other crypto firms, uncertainty remains about whether it will drop its claims against Ripple.
Adding to the speculation, the SEC has removed the XRP lawsuit from its website, though no official confirmation has been issued regarding its dismissal. This move has fueled speculation about a potential settlement or an imminent verdict.
Will the XRP Case End Before April?
Attorney Fred Rispoli has pointed to April 16 as a potential turning point. He suggests that a major development could occur before Ripple submits its appellate brief on this date. While no official deadline mandates a resolution by then, Rispoli remains optimistic about a swift conclusion.
MetaLawMan, another legal expert, has echoed this sentiment, predicting a resolution before mid-April. However, some analysts remain cautious, warning that legal complexities could push the case further into the year.
A Settlement Before September, or Prolonged Legal Drama?
Despite rising optimism, legal experts such as Jeremy Hogan and MetaLawMan caution that key hurdles could still prolong the case. Judge Torres’s injunction and Ripple’s pending $125 million penalty remain significant factors in the case’s timeline. Some investors speculate that the SEC could drop its appeal by March, expediting the process. However, nothing is certain yet.
Even Rispoli has acknowledged that the $125 million judgment may be a key factor in the case’s delay. This substantial penalty could be complicating settlement negotiations, making a swift resolution less likely.
XRP Market Awaits Verdict Amid Price Surge
As anticipation builds, XRP holders are closely watching the SEC’s next moves. Some believe that once the case is settled, XRP’s price could surge significantly, unlocking its suppressed market potential. Already, on March 10, 2025, XRP surged to $2.25, marking a 5% increase amid rumors of an imminent resolution.
Also Read: U.S. Banks Gain Direct Access to XRP as OCC Removes Crypto Restrictions
With April fast approaching, all eyes remain on the SEC and Ripple. Will a long-awaited settlement finally emerge, or will regulatory delays continue to weigh on XRP’s future?
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.