XRP News Today: Ripple Withdraws Appeal in SEC Case Ahead of July Meeting

Ripple Labs has made a significant move in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) by withdrawing its cross-appeal. This decision, confirmed by Ripple CEO Brad Garlinghouse, suggests a potential resolution to the nearly five-year dispute that began in December 2020. The SEC is also anticipated to withdraw its appeal, a development that has generated optimism within the XRP community.

The legal conflict between Ripple and the SEC started when the agency accused the company of selling XRP as an unregistered security. After more than four years of litigation, several partial rulings, and widespread speculation, the case appears to be nearing its conclusion. Garlinghouse's social media post emphasized Ripple's readiness to move forward, stating, “We’re closing this chapter once and for all, and focusing on what’s most important — building the Internet of Value. Lock in.”

All eyes are now on a closed-door SEC meeting scheduled for July 3, 2025, at 2:00 p.m. ET. According to a Sunshine Act Notice posted by the SEC, the meeting’s agenda includes “resolution of litigation claims,” as well as topics like administrative proceedings and settlements. While the notice does not mention Ripple by name, the timing and content have fueled speculation that this could be the final procedural step in ending the case. Legal experts believe it’s the right moment for the agency to vote on officially ending its appeal.

Marc Fagel, a former SEC attorney, noted that Judge Analisa Torres—who oversaw the Ripple case—had already issued a final judgment over a year ago. According to him, there is nothing more for the court to do unless either party revives its appeal. He explained, “Once both parties have dismissed their appeals (which the SEC still needs to vote on), it will go into effect.” Fagel’s insights add weight to the theory that July 3 could be the day the SEC formally ends the lawsuit.

The potential end of the Ripple-SEC case is a significant milestone—not just for the company, but for the broader crypto industry. If the SEC formally withdraws its appeal, Ripple would no longer face regulatory uncertainty, allowing the company to fully focus on its business roadmap and partnerships. For XRP, the outcome could be even more impactful. With legal risk reduced, the token may regain access to major U.S. exchanges and institutional platforms that had previously distanced themselves during the legal proceedings.

Investors are already eyeing this event as a major bullish trigger. Although XRP has remained resilient through the case, a confirmed resolution could clear the path for broader adoption and price recovery. The road ahead for Ripple and XRP looks promising, with the potential for significant growth and market penetration once the legal cloud lifts. For now, all attention remains on the upcoming SEC meeting. While the outcome isn’t guaranteed, the signs are pointing to closure. And for the XRP community, that closure can’t come soon enough.