It is now a year since Ripple Labs achieved a spectacular partial success in its legal dispute with the U.S. Securities and Exchange Commission (SEC). In July 2023, Judge Torres ruled that the XRP token was not a security in the context of transactions with retail investors.

As a result, the XRP price rose significantly and temporarily broke the $0.80 barrier. But while almost the entire crypto market went into bull mode last fall, XRP lagged significantly behind. Only now is Ripple Labs' token showing its strength again, gaining more than 22 percent within a week. Do insiders possibly know that the XRP process will end soon?

Don't be distracted by the SEC's ongoing efforts to put Ripple and the industry in legal trouble - time is running out against the SEC. Ripple and the entire industry will come out stronger.
Stuart Alderoty, Ripple CLO

In a new X-Post, Ripple's chief lawyer takes stock of the anniversary and is optimistic. Still, it should not be forgotten: in her landmark ruling, Judge Torres also noted that the XRP token should be considered a security when sold to institutional investors. Accordingly, the SEC demanded nearly $2 billion in fines for Ripple. A few weeks ago, the authority decisively rejected a compromise proposal from the company. But XRP investors are not giving up hope just yet.

What signs point to Ripple's success?

Recently, the SEC announced on its website that it will hold a meeting behind closed doors next Thursday. Speculation then began to boil over in the crypto community and some experts were convinced that there could be significant developments in the Ripple process. One of the discussion items on the SEC agenda is "litigation settlement," which could be relevant to the Ripple case that has been ongoing since 2020.

Reliable sources have informed us that this meeting is related to the Ripple vs. SEC settlements and the conclusion of the lawsuit!
Brett Hill, ambassador for the Bitrue crypto exchange

The recent rise in the price of the XRP token is likely due to speculation about an impending, positive ruling for Ripple. However, it remains to be seen whether these hopes of many XRP supporters will actually be fulfilled. Despite the recent price increase, XRP currently trades at just $0.53, down from a year ago. The Ripple Labs company could certainly be successful in the long run, even without XRP adoption.