What’s next in the Ripple lawsuit? Can the resolution arrive before August 7th, 2025?

The SEC has recently made a major move by dropping a lawsuit against Coinbase, halting the lawsuit against Binance, and showing a change in the agency’s approach. Coinbase confirmed the litigation was fired, and the SEC also decided to remove the case against the Opensea NFT platform. However, the agency remains in continuing lawsuits against Kraken Exchange, Uniswap and Robinhood, and Wells’ notice has already been issued. The market expects a positive update from the SEC as the solution will help to remove uncertainty and stabilize the crypto market.

Ripple Case and SEC’s future plans

The market is eagerly awaiting the conclusion of the Ripple incident, but it is expected to take more time. Some speculate that this could suspend certain aspects of the case before the SEC takes further action. The SEC is expanding its crypto enforcement efforts, including reallocating staff from the special enforcement department. These changes demonstrate a more balanced approach to regulations and could represent a brighter future for the crypto market.

Despite the ongoing cases, things are heading in the right direction. Many believe dropping these cases will bring benefits to the entire market. Addressing uncertainty regarding securities classification can lead to prices rising as the market becomes clear.

Attorney Jeremy Hogan suggests that certain parts of the Ripple case could be suspended so that the SEC does not file an appeal. This week, we may see some positive news, even if it’s a signal that the SEC is planning to close its action with Ripple.

Former SEC attorney Marc Fagel said that if the SEC removes its own appeal while Ripple is mutually recognized, it constitutes legal misconduct. He also noted that it was just as negligent that the federal court did not collect a $125 million fine that it found owed to break the law. Fagel believes that a settlement that would likely be adapted to summary judgment conditions is the most likely outcome. When asked if this could be extended to the past on August 7, 2025, Fagel replied that it could happen at any time.