Ripple’s long battle with the SEC may be nearing its end. A potential settlement could boost XRP’s (XRP-USD) legitimacy and set the stage for a price rebound.
SEC’s Lawsuit Against Ripple Could Be Dropped
After more than four years of legal battles, the SEC vs. Ripple case may finally be approaching a resolution. According to Cointelegraph, legal experts are speculating that both sides could agree to drop their appeals, with Ripple potentially paying a $125 million settlement. XRP investors have been closely watching recent SEC settlements with Coinbase (COIN) and Robinhood (HOOD), hoping Ripple could see a similar outcome.
Fred Rispoli, a pro-XRP attorney, suggested that the case “could end any day now” if both parties agree to move forward. However, others, including MetaLawMan, believe the SEC might delay the case to align with other lawsuits against major exchanges like Binance and Kraken.
Could This Be XRP’s Turning Point?
If Ripple secures a favorable outcome, the impact on XRP could be significant. A dismissal of the case would not only remove regulatory uncertainty but could also lead to greater institutional adoption. According to CoinDesk, some speculate that a lawsuit resolution could even pave the way for an XRP exchange-traded fund (ETF).
For now, XRP fans hope that if the agency backs down, Ripple could finally regain its footing. XRP might then see a long-awaited price rally.
