More than ever, the five-year SEC lawsuit against Ripple and XRP appears to be closer to its ultimate conclusion.
Amidst these high hopes, the XRP community has been actively speculating about what can come next after digital assets. Some members have resurfaced an old video featuring Yoshitaka Kitao, chairman and CEO of Japanese financial giant SBI Holdings.
in It’s resurfaced Video, Kitao said the long-term legal battle with the US SEC is coming to an end. He cited comments from Ripple’s leadership suggesting that the final court ruling would come within weeks.
Price prediction context
It’s worth paying attention to that Kitao We originally created these statements June 2023, a few weeks before Judge Torres’ ruling. The court confirmed the status of XRP as a digital asset and temporarily raised the price.
However, the momentum quickly faded, and XRP prices returned to forecast levels. For more than a year after the court’s decision, XRP remained narrow, mostly between about $0.50 and $0.60.
Another breakthrough in XRP occurred in November 2024 after former SEC chairman Gary Gensler Announced his resignation. This marked a key turning point as XRP surged from under $0.50 to over $3.
Following that rally, XRP enters a six-month consolidation phase, from which it is about to break out. Meanwhile, Ripple’s leadership recently announced plans to withdraw the appeal in a lawsuit to permanently settle the lawsuit.
At this time, the XRP community is awaiting official statements from both the SEC and Ripple, confirming the final closure of the lawsuit.
Amid this prediction, XRP enthusiasts revisited Kitao’s previous video.
CEO of SBI Holdings’ Yoshitaka kitao: After the SEC case is over, XRP will be priced very high‼ ️
watch.😶🌫️pic.twitter.com/uxy9yqhppu
– SMQKE (@SMQKEDQG) July 13, 2025
Can the IPO plan follow the SEC’s ruling?
In the same video, Kitao also suggested that once the lawsuit is over, Ripple’s management might move forward with its release. However, recent updates suggest that Ripple is currently prioritizing mergers and acquisitions over IPOs.
Deep connection to SBI’s Ripple
SBI Holdings is one of Ripple’s most powerful international allies. Through joint venture SBI Ripple Asia, companies promote XRP-based payment systems across the Asian market.
As for Kitao himself, he is an advocate for the voice of XRP and is a broader adoption of blockchain in financial infrastructure. He believes in the possibility of XRP crossing border settlements and remittances.
Recently, SBI Holdings Shareholder proposal received By making consistent investments in XRP, it encourages companies to adopt XRP financial strategies, similar to MicroStrategy’s Bitcoin approach.
