XRP Lawsuit Nears the Finish Line? SEC Pulls Back, Ripple Awaits Final Settlement Approval – Is a $3.5 XRP Breakout Coming?
Big things are happening with XRP – and fast. If you’ve been following the XRP vs. SEC saga, today’s update is nothing short of seismic. After years of back-and-forth, legal wrangling, and courtroom drama, we’re finally seeing signs that the finish line is in sight.
On April 10, Ripple and the SEC filed a joint motion — yes, joint — to pause the appeal process, signaling a potential settlement. The crypto community? Buzzing. The markets? Leaning bullish. The sentiment? Off the charts.
Let’s break it all down so you don’t miss a beat.
🔍 The SEC Just Blinked — Here’s What That Means
Yesterday’s closed-door SEC meeting wasn’t just another day at the office. It marked a pivotal turning point. As of now, the SEC is moving to dismiss its appeal against Ripple. That’s right — the regulatory giant that once launched a full-blown war against XRP is now taking a step back.
Crypto attorney James Filan confirmed the motion and explained what’s going down:
“The parties have filed a joint motion to hold the appeal in abeyance based on their agreement to settle. The settlement is awaiting Commission approval.”
This move is huge because Ripple was originally slated to file its reply by April 16. Instead, we’re looking at a real possibility of peace — pending one final green light.
⚖️ Ripple’s Joint Withdrawal: A Tactical Masterstroke?
Remember when Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty dropped the bomb about withdrawing appeals? Now we know why.
This isn’t just a legal tactic — it’s a statement: Ripple is ready to close this chapter, and it’s got the SEC’s attention.
Former SEC attorney Marc Fagel chimed in with what might be the most telling analysis:
“At least we now have a public acknowledgment by the SEC of the settlement. Interested to see what indicative ruling will be sought from Judge Torres.”
In short: we’re waiting on Judge Torres to finalize things, and depending on her ruling, this could go from tentative to triumph in a heartbeat.
📈 XRP Price Outlook: Could $3.50 Be Next?
Let’s talk numbers. At the time of writing, XRP is hovering around the $2 range, and momentum is picking up steam. But if you’re looking ahead — way ahead — analysts are starting to throw out bold predictions.
Here’s what could drive XRP to $3.5 and beyond:
- ✅ SEC officially withdraws from the case
- ✅ Judge Torres signs off on the settlement
- ✅ Ripple secures more regulatory clarity
- ✅ Bullish market conditions return post-tariff drama
Think that’s wishful thinking? Chart analysis (see Chart 1) shows that with the right catalysts, a 1.75x jump from current levels isn’t far-fetched.
🧠 Pro Insight: “If Torres Rejects the Deal, the Appeal Might Resume”
While the crypto crowd is ready to pop champagne, Fagel cautions against premature celebration:
“If she says no [to revisiting the injunction order], does the appeal and/or cross-appeal go forward? Maybe!”
So yes, there’s still a legal technicality or two to iron out. But the direction is clear — XRP is closer than ever to breaking free from the SEC’s grip.
🚀 Other Bullish Developments Boosting XRP
Oh, and it doesn’t stop with the lawsuit. XRP has been stacking wins this month:
- Ripple acquired Hidden Road, a broker platform helping institutional access
- First-ever XRP ETF launched in the U.S. — massive milestone
- Positive macro news like easing global trade tensions could add more fuel
All these point toward one thing: XRP’s long-term fundamentals are solidifying.
📢 Final Take: XRP Bulls, Stay Ready
The XRP vs. SEC battle is nearing its epic conclusion. With the SEC stepping back and settlement on the horizon, XRP is positioning itself for a breakout — potentially to $3.50 or more if momentum holds.
If you’ve been waiting for a sign to pay attention to XRP, this is it.
Keep an eye on what Judge Torres says next — it could shape XRP’s fate (and your portfolio) for years to come.
