According to CryptoPotato, the legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) regarding the classification of XRP will be heard on April 23. Since 2023, Ripple has achieved three partial victories in the case. The outcome of the lawsuit could have a significant impact on the value of XRP, but a final decision could be delayed until 2026 due to possible appeals. Ripple and the SEC have been fighting since December 2020, when the regulator accused the company of illegally raising more than $1.3 billion in unregistered securities by selling XRP. Ripple argued that its native token is a currency, not a security, and therefore not subject to SEC jurisdiction. Both sides have spent the past few years attacking each other without giving in. The lawsuit is set to be resolved in a grand trial on April 23, with Ripple currently having the upper hand, having secured three partial court victories in 2023. However, just because the trial begins does not mean we will witness a resolution this year. Not long ago, ChatGPT estimated that a final verdict could occur in the summer of 2024, but possible appeals by both parties could delay the outcome until 2026.

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