XRP SEC Lawsuit Ending Before April 16? SEC Meeting Marks Ripple’s Make-or-Break Moment

The XRP market is bullish today as the Trump tariff pause has caused a market-wide recovery rally. As of writing this, all the top ten cryptos are in the green today; however, XRP shows one of the highest daily surges. This could be because of some bullish XRP news as well. One possible bullish development is an update on the XRP SEC lawsuit from today SEC meeting. As such, we might even see a greater XRP price surge today. 

Will the XRP SEC Lawsuit End Today? 

We might get an official ending for the XRP SEC lawsuit today, as the SEC has a closed-door meeting. Ripple CEO had mentioned in March that the XRP SEC case had ended and the SEC would drop its appeal. Additionally, Ripple’s chief legal officer, Stuart Alderoty, had also released a related statement in March. In his X post, Alderoty mentioned that Ripple is also dropping its appeal against the SEC. Based on his comments, the dismissal was because of an agreement with the SEC about the court rulings. Based on his X post, Ripple’s fine was reduced to $50 million instead of the original $125 million.

Will the SEC Lift the XRP Institutional Sale Ban?

The SEC will also file a request to Judge Torres to lift the ban on the institutional sale of XRP. However, the SEC has yet to comment on any of these claims, creating some doubts. The only recent official statement from the SEC is related to some new evidence. This was in response to a request Justin W. Keener submitted to present some decisive evidence. However, the SEC officially requested Judge Torres toss this request and highlighted three reasons for the Judge to do so. 

Will the SEC Drop Its Appeal Before the April 16 Deadline?

Based on the reports, if the SEC does not dismiss its appeal, Ripple will have only till April 16 to respond. As such, it is likely and important that the SEC reaches an official answer today. Because of this, if the SEC does not officially drop its appeal today, the XRP SEC case will continue in court. As such, the community believes that the probability of getting an announcement today is high. Fred Rispoli, who is a legal expert, has also commented on this development, giving a prediction in a X post.

On SEC v. Ripple, expect to see something happen on or before next Wednesday, 4/16, the due date for @ripple's appellate brief. Ripple cannot get an extension and either has to file it (10%) or there will be a notice of settlement/withdrawal (90%). https://t.co/j9z0CpTBQo

— Fred Rispoli (@freddyriz) April 9, 2025

Rispoli believes that the SEC will likely give an official update today or by April 16. He also believes in the possibility of a settlement, and the dismissal of the appeal is really high. However, there is a small chance that the SEC goes forward with its appeal, forcing Ripple to give its legal response. As mentioned before, with the lack of any official statement, some community members are doubting whether there is an agreement. Rispoli stated that an agreement made behind the scenes is likely; however, it is typical for the SEC to stay silent.

Could This Be the End of the SEC XRP Lawsuit?

This appeal, which was filed under the last anti-crypto SEC chair, seeks to deem the XRP exchange sales illegal. This comes after Judge Torris had named XRP sales to retail not illegal and denied XRP security categorisation. As such, the only way for this case to end soon is for the SEC to drop its appeal. If it does, we will witness another essential step towards clarity of crypto regulation and a pro-crypto government.

Is $2 Just the Beginning for XRP April Bull Run?

With the excitement of this bullish XRP news building up, the daily XRP price surge has reached 11.49%. Additionally, the value of each XRP token now stands at $1.97. This comes after XRP broke the $2 resistance today as it recorded a 24-hour range of $1.77 low and $2.09 high. As such, if we get another positive development from the SEC, XRP could rally above $2.

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