A meeting between Ripple’s Chris Larsen and SEC commissioner Paul Atkins has sparked renewed speculation about progress in the long-running legal standoff between the blockchain company and the U.S. Securities and Exchange Commission.
The update, shared by crypto analyst Brett Crypto on May 2, has drawn attention due to its timing—just days after the SEC delayed a decision on Franklin Templeton’s proposed XRP ETF.
Although some see this potential dialogue as a breakthrough moment, legal experts warn that a final resolution is still far off.
Former SEC attorney James Farrell outlined a detailed timeline suggesting that, even under the most optimistic conditions, the case may not wrap up before late 2025. In a more drawn-out scenario, the litigation could continue well into 2027.
Farrell argues the holdup may have less to do with the facts of the case and more with regulatory hesitance around drafting stablecoin and crypto asset legislation.
While Atkins’ involvement has raised hopes, the wheels of regulatory reform turn slowly—and legal process will dictate the pace, not sentiment.
Meanwhile, XRP has shown mild resilience in the market. The token briefly tested $2.20 before bouncing to $2.24, with only a slight dip over the past day. Whale activity around XRP has increased recently, potentially indicating growing investor confidence beneath the surface of an otherwise cautious market.
Michael Saylor, chairman of MicroStrategy and one of Bitcoin’s most outspoken corporate champions, has once again underscored his belief in the cryptocurrency’s long-term potential—this time with data to back it up.
Ripple has confirmed that XRP futures and ETFs are set to begin trading on major U.S. platforms, including CME and Nasdaq—a move seen as a significant step in bridging traditional finance with the crypto space.
Mihailo Bjelic, one of the driving forces behind Ethereum Layer 2 giant Polygon, has announced his departure from the project he helped shape since its inception in 2017.
A familiar pattern is beginning to emerge in financial markets: soaring tech valuations, investor euphoria, and a backdrop of geopolitical uncertainty. For some analysts, it’s starting to look like 1999 all over again.