The long-running legal battle between Ripple and the US Securities and Exchange Commission (SEC) may finally be heading for closure. Particularly, a joint appeal dismissal from both parties could arrive in the middle of August. If that happens, the outcome would be a turning point for the entire Ripple and XRP ecosystem.
According to market commentator Vincent Van Code, the conclusion of the case could allow the long-awaited announcements from hundreds of companies bound by NDAs with Ripple, alongside the possibility of new XRP ETF filings from major institutions once legal clarity is finally established.
Ripple’s CEO, Brad Garlinghouse, announced on June 27, 2025 that Ripple has formally withdrawn its cross‑appeal concerning the SEC’s ruling on institutional XRP sales. The SEC is widely expected to follow suit and drop its appeal, although at the time of writing, no formal withdrawal had yet appeared in court filings.
Although not a court-imposed deadline, August 15 has become an important marker in the Ripple vs. SEC timeline, largely because both sides are expected to use it to confirm their intentions regarding the outstanding appeals. If those filings confirm a mutual withdrawal, it would confirm the official end of the legal proceedings and deliver the regulatory clarity the XRP investors have waited years to secure.
