One of crypto’s most high-profile legal battles is finally coming to a close. Ripple Labs and the U.S. Securities and Exchange Commission (SEC) appear to be wrapping up their multi-year courtroom fight over XRP, and all signs point to July 3 as a potentially decisive date.

Ripple CEO Brad Garlinghouse confirmed in a recent social media post that the company is withdrawing its cross-appeal against the SEC. He added that the SEC is also expected to withdraw its own appeal—news that has reignited optimism across the XRP community.

A Long Battle Nears Its End

Ripple’s legal standoff with the SEC began in December 2020, when the agency accused the company of selling XRP as an unregistered security. After more than four years of litigation, several partial rulings, and widespread speculation, it appears the case is finally reaching its end.

Garlinghouse shared on social media: “We’re closing this chapter once and for all, and focusing on what’s most important — building the Internet of Value. Lock in.”

His message was clear: Ripple is ready to move forward. The company has officially dismissed its own legal challenge, and attention now turns to the SEC’s expected withdrawal of its appeal.

Why July 3 Is a Key Date

All eyes are now on a closed-door SEC meeting scheduled for July 3, 2025, at 2:00 p.m. ET. According to a Sunshine Act Notice posted by the SEC, the meeting’s agenda includes “resolution of litigation claims,” as well as topics like administrative proceedings and settlements.

While the notice does not mention Ripple by name, the timing and content have fueled speculation that this could be the final procedural step in ending the case. Legal experts believe it’s the right moment for the agency to vote on officially ending its appeal.

Legal Experts Weigh In

Marc Fagel, a former SEC attorney, noted that Judge Analisa Torres—who oversaw the Ripple case—had already issued a final judgment over a year ago. According to him, there is nothing more for the court to do unless either party revives its appeal.

He explained: “Once both parties have dismissed their appeals (which the SEC still needs to vote on), it will go into effect.”

Fagel’s insights add weight to the theory that July 3 could be the day the SEC formally ends the lawsuit.

What This Means for Ripple and XRP

The potential end of the Ripple-SEC case is a significant milestone—not just for the company, but for the broader crypto industry. If the SEC formally withdraws its appeal, Ripple would no longer face regulatory uncertainty, allowing the company to fully focus on its business roadmap and partnerships.

For XRP, the outcome could be even more impactful. With legal risk reduced, the token may regain access to major U.S. exchanges and institutional platforms that had previously distanced themselves during the legal proceedings.

Investors are already eyeing this event as a major bullish trigger. Although XRP has remained resilient through the case, a confirmed resolution could clear the path for broader adoption and price recovery.

The Road Ahead

If the July 3 meeting leads to the SEC formally dropping its appeal, it will mark the official end of one of crypto’s most closely watched legal sagas. Ripple will finally be able to move beyond a regulatory battle that has defined much of its public narrative since 2020.

For now, all attention remains on the upcoming SEC meeting. While the outcome isn’t guaranteed, the signs are pointing to closure. And for the XRP community, that closure can’t come soon enough.