With current SEC Chairman Gary Gensler confirmed not to stay in office, the market expects Ripple's legal dispute with the SEC to conclude in 2025. There are expectations that the new team may bring a more crypto-friendly regulatory stance, especially as the policy tone from the Trump administration may resurface, creating more favorable conditions for Ripple.
SEC and Ripple lawsuit may be settled or dismissed
Ripple CEO Brad Garlinghouse expressed optimism about collaborating with the new SEC team, leading the market to speculate that the lawsuit may be settled or dismissed.
Legal analyst Jeremy Hogan predicts that the case could conclude as early as April or May 2025, although procedural demands may delay this timeline. However, the overall atmosphere suggests that the case could have a significant impact on XRP.
Before the new team takes office, the current SEC is expected to submit court statements by January 15, attempting to influence the case's direction before the transition. However, many believe that the new management will create a more favorable environment for Ripple.
XRP ETF approval and market effects
If the Ripple lawsuit concludes favorably, in addition to accelerating the likelihood of XRP ETF approval, institutions like Bitwise that have applied will also benefit from the market confidence brought by regulatory clarity, potentially attracting more institutional participation.
XRP price rose over 25% in a week
In the past week, XRP's price gradually rose from around $2.01, peaked at $2.48, then fell back to around $2.40, with an overall increase of over 25%.
