Next year's SEC battle might have a positive impact on XRP crypto.

After Ripple Labs' victory in its legal battle with the SEC on March 11, the XRP (XRP) coin gained strength (SEC). 

However, the SEC and Ripple have now agreed to present final arguments on the matter by 2022. 

Nothing like this has occurred before.

The court was presented with a summary judgment briefing schedule from the two of them together.

In August 2022, they suggested opening papers for summary judgment and expert challenges. 

By the end of the year, all briefs would be closed. 
Finally
 reaching an agreement might happen as early as March 2023. 

XRP currency requires that type of finality to rise greatly in value.

The SEC's action has taken a toll on XRP. Two Ripple Labs executives, Chris Larsen and Brad Garlinghouse were sued by the SEC in 2020. 

As a result of last month's decision, Ripple Labs now has additional defense in place. 

So, the SEC could have to explain why it classifies BTC and ETH as cryptocurrencies but not XRP.

As a result, the SEC has required Ripple to register and pay a punishment in connection with XRP, a cryptocurrency it controls.

The SEC has effectively stifled the launch of any new crypto projects in the United States. 

According to industry analysts, SEC "regulation by enforcement" might be halted by a Ripple triumph.

On April 21, Kara Kapp, a lawyer at Cozen O'Connor White Collar Defense & Investigations, gave Reuters her take on the court's decision.

When questioned by the SEC, the "ripple effect" of Ripple's "fair notice" claim might affect other crypto businesses' securities regulation defenses, according to Ms. Kapp.

Ripple XRP is moving forward

At the end of January, XRP, the seventh-largest cryptocurrency by market value, was trading at over 90 cents per XRP coin. 

By April 25, the price had fallen from its high to just 66.65 cents, about 20.8 percent from the previous day's close. 

Earlier this month, the stock hit a low of slightly over 71.25 cents.

The legislation should be settled quickly.

Investors in XRP crypto may finally see the light now that a completion date has been set.

A decision on how to handle XRP will likely be made by the end of the year. 

Institutions might begin employing XRP in large-scale transactions and payments due to this development.