The CEO of Ripple sends a message to those holding XRP: 74% of you were right.

As the years-long legal battle between Ripple Labs and the Securities and Exchange Commission of the United States (SEC) is nearing its end, Ripple's CEO, Brad Garlinghouse, has publicly acknowledged the instincts of the XRP community. In response to a survey conducted by Digital Assets Daily regarding the potential outcome of the lawsuit, Garlinghouse stated that 74% of over 5,000 respondents voted that Ripple will win the lawsuit.

The recent context of the lawsuit On June 26, Judge Analisa Torres dismissed the joint motion filed by Ripple and the Securities and Exchange Commission (SEC), which requested to resolve the lawsuit with a penalty of 50 million dollars and lift the permanent ban on Ripple's sale of XRP to institutions. The court has refused to approve the proposed terms, maintaining the original penalty and ban of 125 million dollars. This ruling leaves Ripple with two options: continue the appeal or withdraw completely and allow the current ruling to take effect, essentially ending the lawsuit. The Digital Asset Daily survey presented these two paths to the community, and 74% predicted that Ripple would choose to end the lawsuit. Immediately after the ruling, Garlinghouse announced on X that the company had withdrawn its appeal, confirming the community's expectations. A turning point for Ripple This moment marks a key solution to a case that has lasted more than four and a half years. The court rejected this request because neither party demonstrated the "special circumstances" necessary to alter the final ruling under Rule 60(b). Judge Torres emphasized that even if both parties agree to settle, the previous ruling regarding the potential violation of securities laws remains in effect, and she declined to overturn that decision without just cause. This is not the first time the court has opposed. A previous joint filing, also aimed at softening the ruling, was rejected. Even after resubmitting the motion with amendments, Ripple and SEC still failed to convince the court that this situation warranted overturning the final ruling of the court. What will Ripple and XRP do next? Ripple's next steps include complying with court terms and refocusing on its core business operations. Ripple has indicated that they are ready to put the legal battle aside and prioritize growth. Garlinghouse revealed that the company will focus on building the Internet of Value, one of its main goals with XRP.