The SEC’s agreement with Coinbase to dismiss the lawsuit has sparked fresh excitement among XRP investors, who are now wondering if Ripple could be next. With XRP currently trading at $2.57—about 50% higher than its monthly low—many believe a big price move could be on the horizon, especially if the commission approves the dismissal next week.
Brian Armstrong, the CEO of Coinbase, announced the agreement with SEC staff to dismiss the lawsuit, with final confirmation expected next week. The complaint accused Coinbase of providing securities without registration and acting as an unregistered broker-dealer and providing staking solutions without proper registration. This dismissal is seen as very big news for the crypto world and has sparked renewed hopes that Ripple Labs might also see its ongoing SEC case dropped.
Since 2020, the entire SEC vs. Ripple case has had its share of ups and downs. The SEC claimed Ripple Labs for $1.3 billion for allegedly selling unregistered securities. In July 2023, Judge Analisa Torres declared that XRP was not a security when sold on public exchanges, while Ripple's institutional sales were held to have violated securities laws. Ripple was ordered to pay a fine of $125 million as opposed to the $2 billion initially asked by the SEC.
Both Ripple and the SEC filed appeals, but with President Trump’s administration leaning pro-crypto and nominating Paul Atkins as the next SEC chair, many believe the agency could soon drop its appeal. Adding fuel to this belief, Trump recently met with Ripple’s CEO, Brad Garlinghouse, and even shared XRP news on his social media platform, Truth Social.
For the past two months, XRP has been stuck in a consolidation phase, much like other altcoins. But analysts say that if the SEC drops its case, XRP could break out and possibly reach $5-$10. The crypto community is buzzing with optimism.
There’s also growing excitement around the potential XRP ETF. Big news for XRP fans! The Federal Register has officially published Grayscale's XRP ETF 19b-4 filing with the U.S. Securities and Exchange Commission. The review process has started, and the SEC is expected to make a decision by October 18, 2025. According to Polymarket, there’s an 81% chance of approval.
Some traders believe XRP’s price is being held down on purpose. The idea is that big institutions might be accumulating XRP quietly before the ETF gets approved. If true, once they’ve secured their holdings, XRP’s price could jump fast.
The dismissal of the SEC vs. Coinbase case has shifted attention to Ripple. If Ripple sees a similar outcome, XRP could be in for a major price surge. With the crypto world watching closely, the next few months could be game-changing for XRP holders.
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