The lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple over the sale of XRP tokens could soon be nearing its end. According to a panel of legal experts, including prominent advocates John Deaton, James Murphy (“MetaLawMan”), and Jeremy Hogan, the case might take a new direction if there’s a change in SEC leadership. These experts appeared on the CryptoLawTV YouTube channel, where they discussed possible outcomes and suggested that the case might not withstand a leadership shift at the SEC.

The panel highlighted the possibility that, if Gary Gensler were replaced under a Trump administration, a more crypto-friendly SEC chair could be appointed. Gensler is facing mounting pressure to resign, which could open the door for new leadership that might close the XRP case.

Could New SEC Leadership Shift Crypto Policy?

SEC commissioners like Hester Peirce and Mark Uyeda, known for their pro-crypto stance, could play a key role in shaping a more crypto-friendly policy. Legal experts believe that the XRP case could either be resolved or entirely dismissed under a new administration. If Peirce were appointed as SEC chair, cases initiated during Gensler’s tenure might be halted.

Should the SEC continue its legal battles, a new administration might introduce policies that significantly alter the approach to litigation. Courts might also pause cases until Congress establishes a comprehensive framework for digital currency regulation.

After the lawsuit concludes, XRP’s price is expected to surge. Despite a partial victory in 2023, XRP’s growth has remained cautious, rising only 7.55% since November of that year. Currently, XRP is the seventh-largest cryptocurrency.

The Relative Strength Index (RSI) for XRP has reached 79.61, indicating overbought conditions. Although a price correction may be likely, analysts anticipate a movement toward the $1 mark in the short to long term.

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