The U.S. SEC has announced a closed-door meeting scheduled for July 10, reigniting speculation around the long-standing XRP lawsuit. The official agenda mentions “enforcement matters,” prompting hopes that this could mark a significant development, possibly even the end of the SEC’s appeal against Ripple Labs.
While nothing has been confirmed, the crypto community is watching closely. A decision to withdraw the appeal could drastically affect XRP’s legal standing and market price, potentially ending years of legal uncertainty.
Former SEC lawyer Marc Fagel has thrown cold water on the excitement. He reminded followers that such closed-door meetings are often routine and rarely involve major announcements, especially over the weekend. “The SEC isn’t in the office on Saturdays,” he emphasized on X, addressing rumors that a weekend decision could be imminent.
Despite the skepticism, some users argue that it is legally possible for the SEC to withdraw its appeal on a Saturday. One user, unknowDLT, pointed this out and even noted that ChatGPT confirmed this possibility.
The XRP community remains hopeful. One crypto user speculated that if the Ripple case concludes soon, it might align with broader financial infrastructure upgrades—specifically, Fedwire’s move to a Distributed Ledger Technology (DLT)-based system and adoption of ISO 20022. “The price of XRP will be impacted and will FLY to prices we cannot understand now,” the user claimed.
Another X user, Jazzy Q, believes that Fedwire’s upgraded system will go live on July 14, with all components activated by midnight this Friday. He speculates that the Ripple lawsuit will be dropped on Saturday, potentially triggering a market crash. According to him, Monday could mark the beginning of an entirely new financial system.
Not everyone is optimistic. Some fear that if the SEC does not make a decision soon, XRP holders may once again be “screwed by the government in a plausibly deniable manner.”
As anticipation builds, the crypto world is laser-focused on the SEC’s July 10 meeting. Whether it brings a legal breakthrough or proves to be just another routine discussion, it could offer valuable clues about the future of XRP and Ripple’s long-standing regulatory battle.
The SEC vs. Ripple lawsuit is nearing its official end. Ripple CEO Brad Garlinghouse announced in late June 2025 that Ripple is dropping its cross-appeal. The SEC is also widely expected to withdraw its own appeal during a closed-door meeting scheduled for July 10, 2025, which would effectively close the case, ending years of legal uncertainty for XRP.
The next significant date for the SEC vs. Ripple case is July 10, 2025, when the U.S. SEC has scheduled a closed-door meeting. While the official agenda mentions “enforcement matters,” many in the crypto community hope this meeting could involve a vote by the SEC to formally withdraw its appeal against Ripple, leading to the case’s conclusion.
The expected end of the lawsuit is seen as a major win for Ripple and the broader crypto industry. It removes years of legal uncertainty for XRP, potentially clearing the path for new market products like spot XRP ETFs. This clarity is expected to positively impact XRP’s market price and adoption.
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