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-Ripple v. SEC SEC Update: Key victory for Ripple as court speeds up ruling on XRP lawsuit

Ripple has received court approval for a quick final ruling in the XRP lawsuit.

lawyers supporting Xrp predict that the sec lawsuit could be completed by mid-2025, and this will be affected by a change in management.

market analysts are optimistic and predict that XRP could reach an all-time high of 3.38.

Ripple Labs has won a major victory in the XRP lawsuit. A U.S. court has approved measures to expedite a final decision in the case. The move, which has been in the works for several years, is seen as an important step in resolving cases involving Ripple and its own XRP tokens.

positive for Ripple is that the latest court ruling overturned previous decisions and paved the way for a quicker resolution. According to court documents, both Ripple and the plaintiffs jointly agreed that most of the group’s claims had already been settled, so there was no need to delay the court’s decision.

However, the court also granted Ripple’s request to modify the decision, removing uncertainty about the finality of the case. The court’s decision is effective, but 1 case against Ripple will remain pending until the appeal process is completed.

both parties are expected to file a motion to lift the stay within 30 days of the completion of the appeal. In addition to these developments, Ripple has provided an extensive legal costs report that reflects the efforts expended in its defense.

This latest victory follows Ripple’s previous success against the SEC, which has impacted the regulatory debate in the US. Jeremy Hogan, a lawyer supporting Xrp, suggested that the SEC lawsuit could be finalized by mid-2025, especially if the SEC changes leadership.

Ripple management remains optimistic, viewing these victories as a solid foundation for future growth. Ripple’s decision in the lawsuit against XRP demonstrates Ripple’s progress and may influence other cryptocurrency-related cases.

Last weekend, XRP soared to a 2・year high of ¥1.20 after it was revealed that Gary Gensler, chairman of the U.S. Securities and Exchange Commission, is set to resign on the same day that President-elect Donald Trump will begin his 3-year presidential term at ¥1.63.

Since then, the price has fallen to $1.46, while XRP boasts a significant 1% increase over the past 30 weeks. Market analysts are optimistic that xrp could reach a record high of $3.38 by the end of the year.

How does Ripple’s lawsuit against the SEC affect the price of XRP? Ripple’s court victory has had a positive impact on the price of XRP, which has risen 1% in just 30 weeks to reach a 3-year peak.

When is Ripple’s lawsuit against the SEC expected to be completed?

Jeremy Hogan, a lawyer supporting XRP, predicts that the lawsuit could be completed by mid-2025 in response to changes in the sec.