Ripple Labs has achieved a critical milestone in its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC). A federal court has approved a motion to expedite the final judgment in the XRP lawsuit, a move that could bring much-needed closure to a case that has significantly impacted Ripple’s growth and its native cryptocurrency, XRP.
Court Pushes for Faster Resolution
Recent court filings reveal that Ripple and the plaintiffs jointly agreed to expedite proceedings, citing that most class claims had already been resolved. The court also granted Ripple's motion for an amended judgment, clarifying unresolved uncertainties while keeping one claim on hold until the appeals process concludes. Both parties are expected to file motions to lift the stay within 30 days after appeals are resolved.
Ripple has also submitted extensive litigation cost records, highlighting the scale of its legal defense. This development is seen as another key victory following Ripple's earlier partial win against the SEC, which continues to shape the broader regulatory framework for cryptocurrencies in the U.S.
Ripple vs. SEC Timeline
Pro-XRP lawyer Jeremy Hogan has speculated that the SEC case might fully conclude by mid-2025, particularly if leadership changes at the SEC. With the lawsuit nearing resolution, Ripple's leadership remains optimistic about leveraging these legal victories to fuel future growth.
XRP Price Surge and Market Sentiment
News of the expedited judgment, coupled with rumors of SEC Chair Gary Gensler’s impending departure, has fueled a bullish rally for XRP. The token recently surged to a three-year high of $1.63 before stabilizing at $1.46, reflecting a 30% weekly gain. Market analysts predict XRP could reclaim its all-time high of $3.38 and potentially rise to $6–$10 by 2025.
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What’s Next for XRP?
Ripple’s expedited judgment not only strengthens its position but also sets a precedent for other crypto-related cases. As market optimism grows, XRP’s price trajectory remains a hot topic among traders. Stay informed and consider reviewing detailed XRP price predictions for deeper insights.
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