XRP Lawsuit Showdown: Is July 3 the Turning Point?

XRP Lawsuit Ending: Ripple vs SEC Nears Crucial Date, But Is It Over Yet?

The long-running legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may be inching toward its final chapter, but experts caution that the highly anticipated “XRP Lawsuit Ending” could still take weeks—even if a pivotal closed-door SEC meeting on July 3, 2025 goes in Ripple’s favor.

The SEC’s official calendar shows a closed-door meeting scheduled at 2 PM ET on July 3, with “litigation claims” listed on the agenda. While this is a routine part of agency operations, it has sent a wave of speculation through the crypto community that the Ripple lawsuit could be reaching its long-awaited resolution.

What Is This Meeting About?

These closed-door meetings, formally called “Sunshine Act Meetings,” are where the SEC discusses ongoing enforcement matters, litigation strategies, and settlement possibilities. For months, XRP investors and Ripple supporters have been tracking these meetings closely, hoping for signs that the SEC will move to end its legal battle against Ripple, which began in December 2020.

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However, legal experts caution that simply having “litigation claims” on the agenda does not guarantee a settlement decision for Ripple will be made immediately. Former SEC attorney Marc Fagel explained that these meetings often include updates on cases rather than final votes, and a formal settlement requires additional procedural steps before it becomes official.

Ripple’s Big Move: Dropping the Cross-Appeal

Adding fuel to the optimism, Ripple CEO Brad Garlinghouse confirmed on June 27 that Ripple has withdrawn its cross-appeal in the ongoing case. This move means Ripple will no longer challenge portions of the previous court ruling that did not go its way, which clears a significant procedural hurdle and signals Ripple’s readiness to close the chapter.

The community sees this as a positive indicator, as the SEC is now expected to drop its own appeal, paving the path for a complete settlement. However, the SEC has yet to confirm whether it plans to drop its side of the appeal, and this remains a key factor for any definitive XRP lawsuit ending.

What Happens If the SEC Votes to Drop the Case?

Even if the SEC uses its July 3 meeting to formally vote to drop its appeal, the case does not end instantly. The process that follows includes:

1. Formal Dismissal Filings: Both Ripple and the SEC must file paperwork with the court indicating their mutual agreement to dismiss the case.

2. Judicial Approval: Judge Analisa Torres, who has overseen the Ripple case from the start, will review the filings to ensure they align with procedural standards and prior rulings.

3. Final Order: Only after Judge Torres signs off will the dismissal become official, marking the true XRP lawsuit ending.

Experts note that this process could take weeks, not days, even if the SEC’s internal vote occurs on July 3.

Why July 3 Still Matters for XRP

While a final court-approved dismissal may not happen immediately, July 3 remains a critical date for Ripple, the XRP community, and crypto markets.

The mere fact that “litigation claims” are on the SEC’s agenda has been enough to spark bullish sentiment, with XRP prices seeing upward momentum as traders bet on an imminent end to years of legal uncertainty. Market watchers believe that even a strong signal from the SEC could push XRP prices higher, with full confirmation of the lawsuit’s end likely to bring further gains.

However, legal analysts warn investors to remain cautious, emphasizing that only a court-approved dismissal will fully resolve the regulatory cloud hanging over XRP and Ripple’s business operations in the United States.

A Quick Recap of Ripple vs SEC: Why This Case Matters

The SEC’s lawsuit against Ripple began in December 2020, alleging that Ripple’s sale of XRP constituted an unregistered securities offering worth over $1.3 billion. Ripple has consistently argued that XRP is a currency, not a security, and therefore falls outside the SEC’s jurisdiction.

The case became a landmark battle for the crypto industry, with potential implications for how other cryptocurrencies and token-based projects are regulated in the United States. Over time, portions of the case have leaned in Ripple’s favor, including a July 2023 ruling by Judge Torres that found secondary sales of XRP on exchanges did not constitute securities transactions.

The SEC’s ongoing appeal and Ripple’s counter-appeal have prolonged the legal uncertainty, impacting XRP’s adoption and Ripple’s partnerships within the U.S. financial system.

The Market Impact: Why XRP’s Price Is Sensitive to Legal Developments

The outcome of the Ripple lawsuit could set a precedent for crypto classification in the U.S., directly affecting how other tokens are regulated. For XRP, a complete dismissal would clear a major hurdle for exchange relistings in regions where it remains restricted.

Additionally, Ripple has made significant moves in cross-border payments and CBDC partnerships worldwide. The end of the lawsuit could accelerate Ripple’s efforts to expand partnerships with banks and payment providers in the U.S., potentially driving greater utility and demand for XRP.

Market analysts note that even speculation around settlement developments often causes volatility in XRP’s price, with sharp increases whenever positive legal news surfaces.

What Comes Next: The Path to Final Resolution

As of now, July 3 is the next significant checkpoint for the Ripple lawsuit, but investors should expect a multi-step process:

• SEC Decision: Whether the SEC votes to drop its appeal will be the primary takeaway from the July 3 meeting.

• Filing with the Court: If the SEC proceeds, both parties will file for dismissal.

• Judicial Review: Judge Torres will assess and approve the dismissal filings.

• Official Conclusion: Once approved, the Ripple vs SEC lawsuit will officially conclude.

Why the Crypto Industry Is Watching Closely

Beyond Ripple, the resolution of this lawsuit could signal the SEC’s approach to crypto enforcement under current leadership. If the SEC steps back from its aggressive stance on XRP, it may indicate a more open path for other crypto projects seeking clarity around token classification.

In a time when regulatory pressures have intensified globally, Ripple’s case remains a bellwether for crypto’s regulatory future in the United States.

Final Thoughts: A Step Closer, But Patience Required

The XRP lawsuit ending may finally be within reach, but July 3 is likely to mark progress rather than a conclusion. While Ripple dropping its cross-appeal signals readiness for closure, the SEC must still take action, and the court must formally approve the resolution.

For XRP holders and crypto markets, the coming weeks will be critical. Whether July 3 brings immediate news or sets the stage for final filings, the conclusion of this high-profile legal battle will have lasting impacts on Ripple, XRP, and the broader crypto landscape in the United States.

Writer @Ellena

Ellena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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