Legal experts anticipate a resolution in the Ripple v SEC case soon, potentially impacting XRP's price and the wider crypto market. American attorney Fred Rispoli suggests a final ruling could come by July 31, with a penalty of no more than $25 million and no disgorgement. Another attorney, Jeremy Hogan, predicts a $100 million settlement. The case's resolution could significantly influence XRP's price, possibly triggering a bull run for the asset and the crypto market.

Recently, Ripple made advancements in the case, filing a Notice of Supplemental Authority regarding a decision related to crypto exchange Binance. Ripple's legal counsel, Michael Kellogg, argues this decision supports Ripple's case against the SEC's claims of illegal XRP sales. The case's outcome could provide clarity on the legality of different types of XRP sales.