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Mustafa Mulla
Mustafa Mulla
Author
Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
- Feb 28, 2025 09:36 UTC
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XRP News Today: Is the SEC Preparing to Drop the Ripple Lawsuit?
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XRP $ 2.15 (-4.89%) 
Ripple vs SEC’s closed-door meeting sparks speculation about lawsuit being dismissed soon.
Political pressure increases as Senator Lummis challenges SEC’s crypto regulatory approach.
Ripple's XRP dropped by 8% but lawsuit dismissal could push price toward $3.20.
The U.S. Securities and Exchange Commission (SEC) held a closed-door meeting on February 27, 2025, fueling speculation about the fate of its long-running lawsuit against Ripple. With the SEC recently dropping cases against major crypto firms like Coinbase, Uniswap, and Robinhood, many are asking the same question: Could Ripple be next?
This case has been dragging on for years. But now, with growing pressure on the SEC and shifting legal tides, is the agency preparing to walk away?
Let’s break down the latest developments, what’s at stake, and why April 16 could be a game-changing moment for Ripple and the broader crypto market.
Ripple vs. SEC: Is the Case Losing Strength?
The SEC sued Ripple in December 2020, claiming the company illegally sold XRP as an unregistered security. However, in 2023, Judge Analisa Torres ruled that XRP itself is not a security, weakening the SEC’s case significantly.
With growing pressure on the SEC, many believe the agency could be looking for a way to move on.
At the recent meeting, SEC officials discussed legal matters and potential settlements. While the details remain confidential, some believe the Ripple case may have been part of the discussion.
Former SEC attorney Marc Fagel is skeptical, saying the meeting doesn’t necessarily mean progress. On the other hand, pro-XRP lawyer Bill Morgan believes Ripple now holds the advantage.
Political Pressure Against the SEC Grows
The SEC’s approach to crypto regulation is also under fire from lawmakers. Senator Cynthia Lummis recently criticized the agency, arguing that most digital assets are not securities under the Howey Test. Her stance aligns with Judge Torres’ ruling, strengthening Ripple’s position further.
No official decision has been made, but the next big deadline is April 16—the date by which Ripple must respond to the SEC’s appeal. If the SEC withdraws the case before then, it could bring this long legal battle to an end and clear the way for Ripple’s future.
XRP Price Update: What’s Next?
As of now, XRP is trading at $2.03, down 8.19%, with a market cap of $142 billion. Despite the drop, many crypto analysts believe XRP could surge if the SEC withdraws the case, with some predicting a rally toward $3.20.
There is also growing speculation that if the lawsuit is dismissed, it could increase the chances of an XRP exchange-traded fund (ETF). Such a move could drive even more demand and push XRP’s price higher.
For now, the crypto world is watching closely to see if the SEC will fight on or fold – a decision that could have major implications for XRP and the broader crypto market.
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FAQs
Ripple (XRP) has secured regulatory clarity in the lawsuit driving a positive price action.
Yes 
No 
