After five years of legal disputes between the U.S. Securities and Exchange Commission (SEC) and Ripple, indicators suggest that the case may be nearing its end. According to multiple reports, the agency is expected to issue a decisive ruling on the withdrawal of its appeal in the case, which could lead to a radical shift in the future of XRP and the entire cryptocurrency market.
⚖️ Case background
- December 2020: The SEC filed a lawsuit against Ripple alleging the sale of XRP as unregistered securities worth $1.3 billion.
- July 2023: Judge Analisa Torres ruled that programmatic sales of XRP are not securities, while institutional sales are considered securities.
- August 2024: A fine of $125 million was imposed on Ripple, deposited in an escrow account.
- June 2025: Ripple announced the withdrawal of its counterclaim and called on the SEC to take a similar step.
📅 What is happening today?
The SEC is expected to hold a closed internal meeting at 9:00 PM GMT to discuss the withdrawal of its appeal in the XRP case. The decision will not be announced immediately, but it is likely to become public in the coming days.
📈 Potential impact on XRP
- Removing regulatory pressure on XRP.
- Opening the door for ETF applications backed by XRP, with interest from institutions like BlackRock.
- Strengthening Ripple's partnerships with regional and international banking systems.
- Potential increase in XRP price, which has already surpassed the $3.06 mark with active trading exceeding $3.5 billion in the last 24 hours.
🧠 Market predictions
- Analysts expect the appeal to be withdrawn before August 15, the deadline for submitting a status report to the court.
- If withdrawn, the case effectively closes, paving the way for new regulatory developments in the United States.
- The SEC recently launched the "Crypto" initiative to update securities rules, reflecting a shift in its approach to cryptocurrencies.
📌 Summary
The SEC case against Ripple has not only affected XRP but has also served as a regulatory test for the entire cryptocurrency market. If the appeal is withdrawn, it not only signifies the end of a long legal battle but also the beginning of a new chapter in the regulation of digital assets in the United States.
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