SEC under the Trump administration is shifting towards a different approach in the cryptocurrency industry.
SEC Commissioner Hester Peirce ended the 'regulation by enforcement' era.
Ripple and XRP are exceptions to the wave of case dismissals in the industry.
Ripple's legal battle with the SEC is a significant and prolonged case in crypto history.
The lawsuit against Ripple predates both Gensler and Biden administrations.
Judge Analisa Torres ruled in favor of Ripple regarding XRP sales not constituting securities transactions.
Despite the ruling, the case continued with a $125 million penalty against Ripple.
Possible reasons why the Ripple case hasn't been dropped include Ripple's potential interest in fighting the case and internal resistance within the SEC.
Ripple's alignment with the Trump administration and efforts to win favor are noted.
The outcome of the Ripple case is likely to be a quiet dismissal in the coming weeks.