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Ripple’s lawsuit with the SEC is expected to formally conclude within 60 days as final motions and approvals proceed.
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Community optimism builds as both parties withdraw appeals, signaling a clear path toward XRP’s legal resolution.
Following Crypto News Flash’s update on the Ripple vs. U.S. Securities and Exchange Commission (SEC) case closure, Ripple’s long-running legal battle with the SEC has reached a pivotal turning point—signaling a likely conclusion within the next 60 days.
This development follows a series of strategic legal decisions by both parties, aimed at resolving the dispute over whether XRP should be classified as a security. Prominent crypto legal expert Fred Rispoli also shared his take in a recent tweet:
“Now we wait on a vote by the SEC Commission (less than 30 days). Then we wait on the SEC filing to lift the injunction—unopposed by Ripple. Judge Torres will sign off within 30 days of that filing. At most, we’re 60 days away from this being 100%, formally, legally, and spectacularly over.”
Appeal Withdrawals: A Step Toward Resolution
Ripple recently withdrew its cross-appeal following the SEC’s earlier decision to drop its own appeal. While some perceived this as the case’s end, legal experts clarify that final steps remain. The SEC has not yet made an official announcement declaring the case closed.
Settlement Processes Underway
Attorney Rispoli noted the case remains open due to internal SEC procedures related to settlement approval. Once the commission votes, the SEC is expected to file a motion with Judge Analisa Torres, who would then issue a ruling—likely within 60 days.
Ripple’s Preparedness for Finalization
Ripple’s Chief Legal Officer, Stuart Alderoty, has already submitted the necessary documentation to trigger the settlement process. While this signals Ripple’s readiness, the company has not announced plans to immediately resume institutional XRP sales, in compliance with prior court guidance.
Community Sentiment and Future Outlook
The XRP community remains cautiously optimistic. Rispoli emphasized that unless there are significant legislative changes before 2028, major legal threats are unlikely. The settlement’s finalization depends on the absence of new restrictive crypto regulations.
XRP’s Market Performance
As highlighted in a previous CNF report suggesting XRP could reach $8–$10, the token’s market performance has remained volatile.
At the time of writing, XRP is currently trading at $2.24, down 4.87% in the last 24 hours and 5.92% over the past week, according to Coin Market Cap data. It holds a market cap of $130.86 billion and 24-hour trading volume of $3.2 billion. See XRP price chart below.
