After more than three years of legal battles, the XRP community is anticipating the closure of the SEC vs Ripple Labs case under Donald Trump's administration.
Current State of the Case
The partial victory delivered through Judge Analisa Torres's ruling on July 13, 2023, did not fully satisfy the Ripple community, leading to an ongoing appeal.
Ripple's Fight for Justice
According to a report by Eleanor Terrett, two close sources confirmed that 'the case is in the process of wrapping up and could be over soon'. Ripple has been negotiating with the SEC to have the injunction on XRP sales to institutional investors lifted.
Impact on the XRP Market
The recent announcement by President Donald Trump including XRP in the nation's crypto reserves has rejuvenated institutional investor interest. The XRP price confirmed a bullish breakout from a multi-year consolidation.
The conclusion of the SEC vs Ripple case could drastically change the XRP market, especially with new cryptocurrency regulations emerging in the U.S.
