XRP vs. SEC: Will the Case End Before April 16?

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  • The Ripple’s XRP vs. SEC lawsuit may reach a resolution before April 16, 2025, as suggested by attorney Fred Rispoli.
  • Market expert Matt Hougan believes XRP’s price could rise sharply once legal uncertainties are cleared.

The legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) has been one of the most closely-tracked crypto space cases.

Since the SEC alleged Ripple sold $1.3 billion of unregistered securities through XRP in 2020, investors have been awaiting clarity on the regulatory status of the token. Recent developments have prompted speculation that the case is approaching its end.

Attorney Fred Rispoli pointed out that while no formal requirement exists, it is reasonable to anticipate that the lawsuit will see resolution, or at least a major update, before Ripple’s filing deadline on April 16, 2025.

Adding fuel to the suspense, the SEC has quietly removed the XRP lawsuit from its official website, with no indication of whether the case is being dropped.

The legal delay has already had serious impacts on XRP’s market performance. Uncertainty has kept institutional adoption in abeyance and suppressed the token’s competitive prospects on a global scale.

Since similar SEC lawsuits against other crypto firms have been dismissed or settled, the community hopes that XRP will be free from legal obstacles soon.

Ripple’s Global Expansion Hinges on XRP’s Regulatory Status

Matt Hougan, the Global Head of Research at Bitwise Asset Management, shared his views in a recent podcast on how the ruling of the lawsuit can impact XRP’s value. He noted that the long-running lawsuit has been a big drag on XRP’s growth, preventing it from reaching its full potential.

If the SEC drops its appeal or settles, Hougan expects the market to react positively. XRP is already being used as a bridge currency on RippleNet, allowing cross-border payments to be processed with speed and efficiency.

Yet, regulatory uncertainty has limited its adoption in traditional financial channels. Hougan believes that if there were a definitive legal framework, XRP would experience significant price appreciation, which would make it a more attractive asset for financial institutions.

Other than price action, the legal outcome could determine Ripple’s destiny to expand its worldwide payment network. XRP could secure additional institutional partnerships, expanding its application in cross-border payments if it’s deemed a non-security.

Analysts think an affirmative ruling would benefit Ripple and set a precedent for other digital assets that have encountered regulatory challenges.

XRP’s Potential Role in Global Finance

While the suit has put Ripple’s plans on hold, XRP is considered by many within the industry to be a potential disruptor of traditional payment systems like SWIFT. Hougan pointed to XRP’s advantages, including lower transaction fees and faster settlement times compared to legacy banking infrastructure.

If Ripple is able to establish itself in financial markets, it has the potential to be a leading force in cross-border payments. Foremost among them is regulatory clarity.

As firms like R3 are integrating XRP into platforms like Corda, XRP could be a common asset for cross-border transactions. Hougan further said that if Ripple gets positive legal status, its technology could be adopted more broadly, which would increase liquidity and network activity.

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