XRP Lawsuit: Attorney Jeremy Hogan anticipates the Ripple vs SEC case to either be dismissed or settled by April or May.

With Gary Gensler set to step down and Paul Atkins poised to assume the role of US SEC Chair under the pro-crypto Trump administration, experts and the XRP community anticipate the conclusion of the prolonged XRP lawsuit. A leading attorney closely monitoring the Ripple vs SEC case forecasts a possible resolution by April or May this year.

Pro-XRP Attorney Says XRP Lawsuit To Likely End By May

Donald Trump’s victory in the US presidential election and the appointment of pro-crypto Paul Atkins as US SEC Chair are viewed as significant benefits for Ripple and XRP. CEO Brad Garlinghouse conveyed his plans to collaborate with the new SEC, enhancing progress and regulatory transparency. This has also fueled expectations for the potential dismissal or withdrawal of the XRP lawsuit appeal.

Interestingly, attorney Jeremy Hogan replied to a post on X discussing the likelihood of the Ripple vs SEC case being dismissed, settled, or dropped by February. Hogan remarked, “I’d say it’s possible but probably unlikely.”

He explained that an earlier resolution might be difficult since it takes considerable time to compile reports, draft memos, hold necessary SEC meetings, and more. Nevertheless, Hogan anticipates either a dismissal or settlement by April or May.

US SEC Preparing for Opening Brief in Ripple Case Appeal

Meanwhile, US SEC Chairman Gary Gensler and Chief Litigation Counsel Jorge Tenreiro to likely preparing to file an opening brief in the XRP lawsuit as the January 15 deadline approaches.

As CoinGape reported, the SEC should be deliberating a last-minute filing related to appeals in Ripple Vs SEC case before pro-crypto Paul Atkins takes over. This could leave Ripple with challenges, while the XRP community awaits positive developments including XRP ETF launch and XRP price rally.

If the lawsuit gets dismissed, it will open doors for XPP ETF approval. The filings by several issuers including Bitwise, Canary Capital and 21Shares remained on the table for months. Moreover, XRP price will cross $10 as institutional and retail investors flock to invest in the asset with legal clarity.

XRP price rose by more than 1% in the past 24 hours, currently trading at $2.45. The 24-hour low and high are $2.43 and $2.50, respectively. However, trading volume has fallen by 15% over the last 24 hours, suggesting a decrease in trader interest.

XRP price forecast by CoinGape predicts a surge to $15 soon, as Ripple CEO Brad Garlinghouse welcomes the incoming pro-crypto US Congress.

#Xrp🔥🔥 #xrp #BinanceAlphaAlert #TrendingTopic #Binance250Million