The long-running lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple may soon come to an end.

The long-running lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple may soon come to an end. According to recent reports, the case could be resolved as early as April 2025.

The long-running lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple may soon come to an end, potentially as early as April 2025, according to recent reports.

According to Fox reporter Eleanor Terrett, the case is "in the process of wrapping up."

As confirmed by Andrew, a social media user, in a recent X post, two SEC sources have attested to the case nearing its conclusion.

"Apparently, according to two SEC sources, the case is very close to ending and they're working on a settlement," said Andrew, highlighting that the new leadership at SEC appears to understand the weight of this case in setting forthcoming legal rules.

This aligns with Terrett's report, who stated that the case could be resolved by April, further adding that the new administration at SEC is said to be open to settling the case out of court.

The case's resolution could also open doors for BlackRock to enable institutions to buy XRP via exchange-traded funds (ETFs), as suggested by Nate Geraci, CEO of ETF Store, in a recent interview.

Following the lawsuit's conclusion, BlackRock might apply for an ETF that tracks a cryptocurrency index like the "CCi Index," which includes XRP, Geraci explained.

This development would further solidify XRP's standing in financial markets.

The pending closure of the lawsuit also coincides with upcoming U.S. regulatory changes that could impact the crypto market significantly.

The SEC appears to be prepared to dismantle its SAB 121 accounting rule, paving the way for U.S. banks to hold crypto assets.

Acting SEC Chair Mark Uyeda was quoted as saying that he had assigned SEC personnel and the crypto task force to work in tandem to assess the possibility of eliminating the rule, which currently prohibits national banks from investing in any company that has a substantial interest in a single private equity issuer.

The removal of this restriction would allow financial institutions to engage with digital assets, such as XRP.

The implications of this case extend beyond the immediate parties involved. A finance professor at Marquette University is credited with writing a research paper titled "Regulatory Clarity and XRP: The Path to Global Institutional Stablecoin Adoption."

The paper's author claims that the GENIUS Act, which stands for "Generating Economic, Mobile, Incremental, Jobs, Useful, and Sustainable Act," provides advantages to RLUSD stablecoin and XRP, which Ripple controls.

The recent shifts in industry dynamics have placed XRP in a favorable business scenario.

With the impending closure of the lawsuit and the subsequent changes in regulations, XRP may be poised to achieve even greater heights in the financial domain.