Waiting for good news:

The appellate court hearing in the lawsuit between Ripple and the SEC is currently in the scheduling phase. The SEC has officially filed an appeal after the district court ruling stated that the sale of XRP on secondary exchanges does not constitute a security.

According to the tentative schedule, important legal briefs will be submitted from December 2024 to early 2025. The SEC is expected to submit its brief at the beginning of December 2024, while Ripple will file a response around February or March 2025. An oral argument may take place in late 2025, and the final ruling of the Second Circuit Court of Appeals is likely to be issued in 2026, depending on the legal proceedings and any potential extension factors.

In the short term, hearings related to the enforcement of remedies and other objections will continue until mid-2024. This indicates that any official ruling will not occur before the end of 2025, especially if both parties continue to appeal.