Ripple and SEC Legal Battle Ends, but XRP Price Stalls
2 April 2025 BACK TO NEWS
Ripple's legal victory over the SEC fails to boost XRP's price as investors await an official statement to confirm the case's conclusion - IcoHolder.
The long-running legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has come to an unexpected conclusion. Last week, the SEC dropped its appeal, signaling the end of a contentious saga that has lasted for years. In a settlement, Ripple agreed to pay a $50 million fine, and the court lifted its injunction against the company, clearing the path for Ripple to move forward.
A Surprising Market Reaction
Despite this major victory, the price of XRP, Ripple's native cryptocurrency, failed to live up to expectations. After the announcement, many anticipated a surge in value, but instead, XRP’s price remained relatively flat. Initially, the price briefly spiked to $2.60 but quickly settled back down, leaving many holders disappointed and perplexed.
XRP holders took to social media to voice their frustrations, questioning why the legal victory didn’t trigger the price jump they had hoped for. Their demands were clear: they wanted an official confirmation from the SEC that the case was truly over. This call for clarity has become a rallying cry across the XRP community.
The SEC’s Silence Raises Concerns
One of the key reasons behind the market's lackluster reaction is the absence of an official statement from the SEC. Unlike previous cases, the regulatory body has yet to publicly acknowledge the outcome of the case, and this silence has left many XRP investors uneasy. Some are speculating that the SEC might be waiting for the confirmation of Paul Atkins as the new SEC Chair before issuing any public statements on the matter.
Ripple CEO Brad Garlinghouse attempted to calm the growing concerns during his appearance at the Digital Assets Summit on March 19, 2025. He insisted that the case’s dismissal was valid, even without an official SEC announcement. However, in the world of cryptocurrency, where official news is often seen as crucial for market momentum, Garlinghouse’s assurances have not been enough to ease the anxiety of XRP holders.
Looking Ahead
The legal battle's end should have been a moment of celebration for Ripple and its supporters, but the lingering uncertainty continues to overshadow the victory. XRP's price remains in a holding pattern, and many investors are left wondering whether the market is waiting for that much-needed SEC statement before making any substantial moves.
As the situation unfolds, XRP holders are eager for one thing: clarity. Until the SEC provides an official statement, the question remains: when will XRP’s legal saga truly be behind it, and how will the market react when it is?