Lawsuits against Ripple have been ongoing since December 2020. In mid-2023, the court ruled in favor of Ripple, declaring XRP a non-security for public sale. This set a serious precedent that created an optimistic outlook for Ripple and its supporters. Meanwhile, the SEC is still challenging some aspects of the decision, which could drag out the settlement process for months or even years.
The lawsuit against Ripple also includes the possibility of an out-of-court settlement, but the outlook for that remains uncertain. According to experts, a full settlement could happen by the end of 2024 or 2025, if the parties reach an agreement. If the court's decision is final, it may happen in 2025 after the appeal procedure is completed.
Ultimately, the timing of the settlement depends on a number of factors, such as further actions by the SEC, Ripple's position, and possible changes in the regulatory environment for cryptocurrencies in the US.
