XRP Lawsuit Nearing Resolution? SEC’s Private Meeting Sparks Speculation

The agenda, as outlined in the Sunshine Act Notice, includes topics such as litigation settlements and enforcement policies. While such discussions are standard, the timing coincides with major developments in the Ripple lawsuit, prompting speculation about the SEC potentially dropping its appeal.

The regulator submitted an appeal-related brief on January 15, just days before Chair Gary Gensler’s departure. With former Commissioner Paul Atkins—known for his pro-crypto stance—tapped as a potential successor, a policy shift could be on the horizon.

Atkins, alongside Uyeda, has championed market-driven regulation. Former SEC official John Reed Stark has previously highlighted Atkins’ opposition to heavy-handed crypto policies, suggesting that the agency’s stance on enforcement could change dramatically.

If these leadership changes result in a regulatory softening, it could significantly alter the SEC’s legal approach to Ripple and other crypto cases.

Should the SEC opt to withdraw its appeal, analysts suggest XRP could break past its all-time high of $3.5505. However, if litigation drags on, prices may dip below $2.50.

Investor sentiment remains closely tied to regulatory actions, making the SEC’s January 30 meeting a pivotal moment. Notably, the agency recently removed the Ripple lawsuit from its Litigation Releases RSS Feed, a move seen by some as signaling a change in approach.

If the SEC backs down from its legal battle with Ripple, it could mark a significant win for XRP holders while setting a precedent for future crypto-related cases. A shift in enforcement policy would also indicate a regulatory pivot toward a more industry-friendly stance, potentially fostering long-term growth in the digital asset space.

The outcome of this closed-door meeting could shape the future of U.S. crypto regulation. With the SEC at a critical juncture, investors and industry leaders are keeping a close watch on developments. Whatever decision emerges, its ripple effects will be felt across the broader market.