The Ripple SEC case finally seems to come to an end

This day could kickstart huge XRP rally, fueled by strong fundamentals. And the multiple XRP ETF filings that already exist could get the momentum they need to succeed.

The pending Ripple SEC case finally seems to come to an end as both the parties have agreed to pause their legal appeals as they enter settlement talks. There are speculations that the incoming SEC Chair Paul Atkins could drop the case altogether.

Both the parties said they want to save time and resources while trying to reach a settlement. Hence, Ripple will no longer need to respond to the SEC’s brief that was due on April 16.

In a latest X post, prominent crypto influencer, John Squire shared his detailed analysis on the conclusion of Ripple XRP case and the shift in SEC’s stance.

Still no updates on Ripple & SEC entering settlement talks, but I can share some interesting observations:

Both parties agreed to a joint motion to stay the appeals in the case. This isn't a routine step, and it signals a shift in priorities.

Plus, we're seeing unusual whale activity and renewed institutional wallet moves—activity that's usually done in anticipation of significant market events.

All of this combined indicates that high-level negotiations are taking place behind closed doors. They're building towards something big, and it's not often that we see cases of this magnitude get dropped without a trace.

My confidence is high that if a settlement is reached today, April 16, it may not only end the long-running legal battle but also open the door for a potential XRP ETF.

This day could mark a turning point in XRP's history. It's currently in a regulatory 'limbo,' which has limited institutional interest and investment despite the huge potential.

The lack of limits on XRP's growth over the years is a testament to its strength, but it also indicates the untapped potential waiting to be unleashed.

To be clear, this isn't speculation; it's a logical analysis based on the moves we're observing.

When institutions start positioning ahead of time, it's because they know what's coming. And what's coming might be one of the most important validations the crypto space has seen in a long time.

This day could kickstart a huge XRP rally, fueled by strong fundamentals. And the multiple XRP ETF filings that already exist could get the momentum they need to succeed.

Let's hope for the best and prepare for what might be a historic day in the crypto markets.

Stay tuned for updates.

In other news, the Senate confirmed Paul Atkins as the new SEC Chair on April 9. As the chair, he could decide to drop the case.

Earlier in March, Ripple CEO Brad Garlinghouse also hinted that the XRP case close to ending.

Besides, attorney Fred Rispoli recently shared that something big is expected to happen on or before April 16, which is the due date for Ripple’s appellate brief. He said that Ripple cannot delay their next court move, hence by April 16, they will either file their appeal which is unlikely with a 10% chance, or announce a settlement or withdrawal with a probability of 90%.

As of April 10, Ripple and SEC agreed to pause their appeals with speculations that negotiations are going on. Squire believes that the pause is strategic and the closed door meetings and high level negotiations could possibly lead to a settlement.

A settlement could drive institutional interest into XRP driving price rally. This could also provide momentum to XRP ETF filings.