Despite Ripple CEO Brad Garlinghouse’s announcement of the SEC’s withdrawal of its appeal, the silence from regulators regarding the lawsuit’s official closure continues to raise questions. While XRP’s price and public interest have experienced a significant slump since the news, legal experts predict the final decision is imminent. The lack of official word adds further confusion amidst an already volatile market. A surge in trading activity has followed Ripple CEO Brad Garlinghouse’s announcement, though his claims remain unconfirmed by the SEC. 2023 saw high-profile cases against crypto firms like Kraken and Cumberland, with the SEC issuing swift statements, creating a contrast to its current silence on this case. The wait for official confirmation is testing investor patience as experts anticipate the SEC’s formal withdrawal within 60 days, followed by an unopposed lifting of the injunction. While XRP’s price has dipped to around $2.10 and public interest has hit a record low, Google Trends data suggests that the lawsuit may have artificially boosted engagement, leading to the current slump in attention. The legal battle’s end opens doors for clear regulatory clarity and market sentiment to shape XRP’s future. Key factors including SEC actions, confirmed appeal withdrawal, potential ETF approvals, and macroeconomic risks will all play a part in defining XRP’s trajectory. The ripple effect of this case is far from over, leaving investors on the edge of their seats as they wait for clarity and direction.