The ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) might see a turning point as experts speculate that the SEC is likely to drop its appeal. Former CFTC Chairman Chris Giancarlo, along with pro-XRP attorneys, suggest this outcome is "very plausible" under the current administration.

This anticipated decision could prove game-changing for the crypto industry, particularly for Ripple, as it navigates legal challenges. Legal experts see this as a potential shift in how cryptocurrency regulations may be approached in the future.

The suggestion of dropping the appeal aligns with the changing tides in regulatory oversight, with potential implications for both the SEC and the broader cryptocurrency market.