The highly anticipated ruling in the US Securities and Exchange Commission (SEC) vs. Ripple Labs lawsuit is expected to have a significant impact on the cryptocurrency industry. As the court prepares to deliver its final judgment, lawyers are sharing their insights on the potential outcomes, including the possibility of a settlement, appeal, and final ruling date.

According to lawyers, including former SEC lawyers Marc Fagel and James Farrell, a settlement between the SEC and Ripple is still possible. However, Jeremy Hogan, a partner at Hogan & Hogan, believes that a settlement is unlikely given Ripple's recent wins in the lawsuit. The SEC is seeking to reveal sealed filings, which Ripple has objected to, stating that historical contracts are still relevant to the firm.

The odds of the SEC appealing Judge Torres' summary judgment that XRP is not a security under the Howey Test are low, according to former SEC Crypto Enforcement Chief Kristina Littman. She believes that the SEC may not risk elevating the case to the Circuit Court level. Lawyer James Murphy, also known as MetaLawMan, agrees that the tokens identified in the Coinbase lawsuit do not qualify as securities.

The final ruling on remedies and injunction is expected to come sooner than the summary judgment, likely within 60 to 90 days after the last brief. With the latest developments, including delays due to the election year, the XRP community may have to wait until August or September for Judge Torres' final ruling. The SEC and Ripple can also settle arguments not addressed by the judges in the ruling.

In conclusion, the Ripple XRP case is a significant lawsuit that can bring clarity to crypto regulations. Lawyers believe that a settlement is still possible, but unlikely given Ripple's recent wins. The final ruling is expected to come soon, and the crypto community awaits with bated breath. The outcome of this case will have a significant impact on the industry, and it remains to be seen how the SEC and Ripple will proceed.