Ripple SEC Decision Expected Today Could End XRP Case

After almost four years of back-and-forth in court, the long fight between Ripple and the U.S. Securities and Exchange Commission (SEC) might finally be wrapping up. According to Cointelegraph, the SEC is expected to decide today whether it will drop its appeal—just like Ripple asked. If the SEC agrees, this could officially end the long-running XRP case.

The decision follows a partial court ruling in July 2023, which stated that Ripple’s sales of XRP on public exchanges did not violate securities laws. However, the court also ruled that sales made directly to institutional investors did qualify as securities transactions. The SEC had planned to appeal parts of the ruling, but Ripple has now asked the agency to step back.

Why This Case Matters for Crypto

The SEC first took Ripple to court back in December 2020. They said Ripple broke the rules by selling XRP without getting it approved as a security, and claimed the company raised over $1.3 billion doing it. But Ripple didn’t agree. They’ve always said XRP is just a digital token—not a security—so the SEC’s rules shouldn’t apply.

The case quickly became a big deal in the crypto world. It made everyone ask the same question: how should the U.S. really handle and regulate cryptocurrencies like XRP? Many people in the crypto industry saw it as a test of how far the SEC could go in controlling crypto.

When the court sided partly with Ripple last year, it gave other crypto companies hope. If XRP wasn’t a security when sold on exchanges, then maybe other tokens aren’t either.

Ripple’s Move to Close the Chapter

Ripple now wants to move on. By asking the SEC to drop its appeal, the company hopes to put the lawsuit behind it. Ripple’s legal team said continuing the fight doesn’t help anyone—not investors, not developers, and not the public. They believe Congress should decide how to regulate crypto, not the courts.

Some experts think the SEC might accept the request. The agency has other big cases to focus on, like Coinbase and Binance. Dropping the Ripple appeal could help it avoid another courtroom loss.

What Happens Next?

If the SEC agrees to end the case, XRP holders can finally catch a break. Ripple will get the opportunity to shift its focus back to growing the business and stop worrying about courtrooms. The company can focus on building new products and expanding around the world.

More importantly, it might show that the SEC is ready to talk with the crypto world—not just fight it. That would give hope to many other crypto projects waiting for fair treatment.

But if the SEC says no, or adds new rules, then the battle continues. That means more delays, more stress, and more confusion for everyone.

Why Today Matters

This moment is bigger than Ripple. It’s about the future of crypto in the U.S.

If the case ends today, it could mean a fresh start. Clearer rules. Less fear. And a better path forward for crypto companies and their communities.

No matter what happens, one thing is clear: everyone in crypto is watching today—hoping for a decision that brings progress, not more problems.