The Ripple trial has kept everyone on board, but with the dry that recently removed cases against great players like Coinbase, Robinhood and United, all eyes are now on Ripple. The excitement is built as the dry is preparing for a meeting of the law on the sun closed on February 27, 2025, where the ETF, allegedly XRP, is directly mentioned – by making speculations that the end of this long legal battle could finally be in sight. Could we approach a moment that changes the game for XRP holders?
However, the former SEC lawyer Marc Fagel, said and written on X: “Reminder: these are two completely independent things. The FNBs are not discussed during the weekly closing meeting. And, as always, the closed meeting calendar is confidential and there is no longer any reason to think that Ripple is on the agenda than during the last 200 meetings. »»
Regarding the Ripple trial, Fagel said that the SEC could possibly abandon the Ripple appeal, even if the court judged that they violate the law. This situation is unusual and previous cases cannot be invoked. He explained that the SEC probably wanted to resolve the call before Ripple’s thesis was due to mid-April. For the UNSSED, Ripple must submit its response linked to the call before April 16.
The legal battle, which began in December 2020 with the dry accusing Ripple of selling XRP as an unregistered warranty, dropped the price of XRP by almost 80%. However, recent developments in 2023 indicated certain progress, such as a court decision said that XRP is not a title, although the SEC has appealed.
Positive news like this could send the price of XRP arrow, as in the past after the favorable legal results. In November 2023, when Gary Gensler left his position at the dry, XRP jumped 25% and he continued to climb despite market fluctuations. Given the bullish feeling surrounding the legal perspectives of XRP, many anticipate a strong increase in prices if the trial ends in favor of Ripple.
