Legal analysts suggest Ripple could resume institutional XRP sales if the injunction is lifted, provided the company adheres to securities laws.
Ripple dropped the cross-appeal in the case with the SEC, leaving uncertainty about the fate of its institutional sales.
The focus now shifts to whether the SEC will vacate the injunction that prohibits Ripple from selling XRP to institutions.
If the injunction is lifted, Ripple may need to alter its sales strategy to comply with regulatory requirements while maintaining institutional relationships.