
The SEC's decision not to appeal the ruling that XRP is not a security provides significant regulatory clarity.
While XRP's price saw an initial jump, factors like market manipulation and institutional investment processes are influencing its current, slower growth.
Ripple and its partners can now focus on expanding adoption, and the long-term outlook for XRP is considered positive.
After years of legal disputes, the Ripple vs. SEC lawsuit is finally reaching its conclusion. This marks a major victory for both Ripple and the broader cryptocurrency industry, setting a key precedent for future crypto regulations. Following the lawsuitโs resolution, XRPโs price jumped by over 10%.
With regulatory uncertainty out of the way, some experts predict XRP could rise above $5 by 2025.
But why hasnโt its price skyrocketed yet, despite this major win? Letโs break it all down.
SEC Drops Appeal: A Major Win for XRP
Software engineer Vincent Van Code recently shared his thoughts on X, explaining why the SECโs decision to drop its appeal is a huge win for XRP. He also discussed why XRPโs price hasnโt surged as much as he initially expected.
Van Code pointed out that the SECโs appeal posed a major risk – it could have challenged Judge Torresโ ruling that XRP itself is not a security. This uncertainty made big banks and institutions hesitant to invest, as they werenโt sure how the situation would unfold.
Rippleโs $125M Fine: Case Closed?
Last year, Ripple was fined $125 million for direct sales to institutions. The company has already paid the fine, and the money is currently in escrow, waiting for final clarity on the appeal. CEO Brad Garlinghouse has mentioned that Ripple might appeal the ruling on institutional sales, but thatโs a separate issue.
Even in a worst-case scenario, Ripple would only need to register its institutional sales with the SEC. Alternatively, institutions could buy XRP on decentralized exchanges (DEXs), through automated market makers (AMMs), liquidity providers (LPs), or RLUSD.
XRP Is Not a Security!
The biggest takeaway from this lawsuit? XRP is officially not a security. With this legal battle behind them, Ripple and its 1,500 global partners can now focus on growth and innovation without worrying about regulatory setbacks.
Why Hasnโt XRPโs Price Skyrocketed Yet?
Despite the legal victory, XRPโs price is still showing low trading volume. Van Code believes this is due to market manipulation by Binance and its VIP trading bots. He explained that major investors will likely start accumulating XRP once the timing is right, but they arenโt rushing in. Large investments often require board approvals, which usually happen once a month, causing some delays.
With the SEC no longer a threat, thereโs nothing stopping XRPโs adoption. Van Code is confident about its long-term potential and believes itโs highly unlikely that anything will cause a sharp price drop moving forward.
However, he also reminded investors that impatience is the real challenge. While his past price predictions havenโt always been accurate, he encouraged the XRP community to stay patient, celebrate this win, and plan wisely for the future.
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For years, XRPโs biggest hurdle was uncertainty. Now, with the SEC in the rearview mirror, the road ahead looks bright!
FAQs
According to the XRP price analysis done by our expert panel, the XRP price today could go as high as $2.5989.
The XRP price is going up in view of the possibility of the Ripple vs SEC case closure, ETF filing, and more.