News View Non-AMP

XRP News Today: Mid-August Could Mark the End of Ripple vs SEC Lawsuit

Published by
Debashree Patra and Qadir AK

After shutting down the weekend resolution rumors, former SEC lawyer Marc Fagel has stepped in to clear the air on another long-time rumor of who is delaying the case. 

In a recent post on X, Fagel responded to rumors that Judge Analisa Torres or the SEC might be holding up the proceedings, firmly stating, “No one is holding up the case.” 

His comment has brought a wave of clarity to what many XRP holders saw as judicial delay. 

No One Is Holding Up the XRP lawsuit, Says Former SEC Lawyer

Fagel explained that what may appear as a delay is simply part of the standard legal process. Once the SEC internally votes on a dismissal, it typically takes one to two months for a formal filing to be submitted. 

He clarified that Judge Torres has nothing left to decide at this stage, and both parties, Ripple and the SEC, are in the process of finalizing the necessary steps. While no official dismissal has been filed yet, Fagel emphasized that this is a procedural phase and the court is not actively involved until the final paperwork lands.

XRP Community Split Over Timeline

The response from the crypto community has been mixed. While some welcomed Fagel’s comments as reassuring, others expressed continued impatience. 

Meanwhile, some community members are “tired of waiting,” others like pro-XRP lawyer Bill Morgan supported Fagel’s take, urging patience and noting that legal settlements often take time. 

While some analysts like JackTheRippler believe the resolution will likely come within the “crypto week”.  Still, with Ripple’s legal team previously hinting at closure soon, many believe the end is finally in sight.

 Investors are now watching closely for any sudden moves, especially amid speculation about XRP’s price once the case officially concludes.

What’s at Stake for XRP?

A formal dismissal would clear the legal overhang and likely pave the way for spot XRP ETFs, institutional partnerships, and wider adoption. It also represents a broader shift in crypto regulation, signaling that litigation isn’t the norm and transparent rulemaking is. 

With XRP trading near $3 and volumes high, markets appear to be betting on a positive resolution. 

Analysts point to mid-August as the likely timeframe for the SEC vote and case closure. Until then, XRP remains in the spotlight, poised to make its next big move. 

Meanwhile, an early resolution during the market peak can give XRP an upper edge to XRP to regain the lost investor faith with wider adoption changes.

FAQs

What is the expected timeline for the official closure of the XRP lawsuit?

Former SEC lawyer Marc Fagel indicates that once the SEC internally votes on a dismissal, it typically takes one to two months for the formal filing. Analysts are pointing to mid-August as a likely timeframe for the SEC vote and case closure.

What are the potential benefits for XRP once the lawsuit officially concludes?

A formal dismissal is expected to clear regulatory uncertainty, potentially paving the way for spot XRP ETFs, new institutional partnerships, and wider adoption. This could significantly boost XRP’s price and solidify its position in the crypto market.

How has the XRP community reacted to the ongoing procedural delays?

The XRP community has had a mixed reaction. While some welcome the clarity from experts like Marc Fagel and urge patience, others express frustration over the continued waiting. Some remain optimistic about an early resolution during the current market peak.

Debashree Patra and Qadir AK

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

XRP Price Prediction For October 24

The crypto market turned green this week, bringing a wave of relief to traders after…

October 24, 2025

Why Is Crypto Market Up Today? Can BTC Reach New ATH By Halloween 2025?

The total crypto market cap gained $80 billion on Thursday to hover about $3.8 trillion…

October 24, 2025

Solana Bulls Target $200 — Key Factors Driving the Next SOL Price Rally to $250

The broader cryptocurrency market is showing signs of renewed momentum, with major assets stabilizing and…

October 23, 2025

Solana Price Prediction: Can SOL 3X From $200? Digitap ($TAP) Targets an Explosive 80x in 2025

Solana (SOL) faces a critical juncture as analysts debate whether its high-speed blockchain can achieve…

October 23, 2025

Dogecoin (DOGE) Price To Rocket As Musk Names His Dog Floki As CEO Of X

DOGE price is now on every investor’s radar after Elon Musk dropped a viral post…

October 23, 2025

Ripple News and XRP Price Prediction As Co-Founder Moves $120M In XRP

On-chain trackers reported that a Ripple co-founder moved about $120 million worth of XRP from…

October 23, 2025