Ripple’s victory over the SEC has been widely celebrated across the cryptocurrency industry. Brad Garlinghouse, CEO of Ripple, hailed the moment as a major win not just for the company but for the entire digital asset ecosystem.
"This is it—the moment we've been waiting for. The SEC will drop its appeal—a resounding victory for Ripple, for crypto, every way you look at it," Garlinghouse stated.
This ruling sets a significant precedent for the future of cryptocurrency regulation in the United States. The case had long been viewed as a litmus test for how the SEC would handle crypto assets. Ripple’s victory could lead to a reassessment of regulatory policies governing digital currencies.
For years, the SEC’s crackdown on crypto projects has created uncertainty among investors and businesses in the sector. However, Ripple’s success may open the door for more legal clarity and institutional involvement in the space, ultimately benefiting the industry as a whole.
With the legal battle over, many expected XRP to surge past its previous highs, yet the token has not skyrocketed as anticipated. While XRP saw a price increase of around 14%, climbing to $2.59, it remains far below its ATH of $3.84.
So, why isn’t XRP pumping harder?
One major reason could be market-wide uncertainty surrounding today’s Federal Open Market Committee (FOMC) meeting. The U.S. Federal Reserve will decide on interest rates and monetary policy, which could have significant implications for the crypto and traditional markets alike.
Historically, crypto markets tend to remain volatile ahead of FOMC meetings as traders await signals on interest rate changes. If the Fed maintains a hawkish stance, indicating further rate hikes or slow economic growth, investors may hold off on taking large positions in risk assets like Bitcoin (BTC), Ethereum (ETH), and XRP.
Moreover, some traders believe that the SEC’s lawsuit had already been partially priced into XRP’s value over the past year. With multiple legal victories already in Ripple’s favor, some of the upside may have been baked into the price before the final ruling.
With regulatory clarity now in sight, Ripple can finally shift its focus back to its core mission: revolutionizing cross-border payments. The company’s On-Demand Liquidity (ODL) solution, which leverages XRP to facilitate faster and cheaper international transactions, is expected to gain wider institutional adoption.
Financial institutions that were previously hesitant to engage with Ripple due to regulatory concerns may now reconsider partnerships, potentially driving mass adoption of XRP in global remittance markets.
Furthermore, Ripple has been actively expanding its presence in regions with crypto-friendly regulations, such as the Middle East, Europe, and Asia. With the U.S. regulatory battle behind it, the company is now well-positioned to strengthen its foothold in key financial markets worldwide.
Analysts are also eyeing the possibility of XRP being re-listed on major exchanges in the U.S., including Coinbase, Kraken, and Binance.US. Many of these platforms had delisted XRP following the SEC’s lawsuit, but with legal uncertainties now resolved, a wave of re-listings could inject fresh liquidity into the token.
With Ripple’s legal troubles out of the way, the question on everyone’s mind is: Can XRP finally reach a new ATH?
Market analysts have varying predictions, but some believe that XRP could surge beyond $5 if market conditions align favorably.
However, short-term risks remain, particularly macroeconomic concerns such as interest rate policies, inflation data, and geopolitical uncertainties.
Ripple’s victory over the SEC marks the beginning of a new chapter for the company and its native token, XRP. With regulatory clarity now established, Ripple is poised to resume its mission of transforming global finance through blockchain technology.
While XRP has yet to reclaim its ATH, investors should remain patient, as the macro environment and market sentiment will play crucial roles in its future price trajectory.
With renewed confidence in Ripple’s legal standing, increased institutional interest, and a growing use case for XRP, the digital asset could be on the verge of a historic breakout in the coming months. For now, all eyes are on today’s FOMC meeting to see whether the market’s current cautious stance will give way to a full-fledged XRP rally.
On-Chain Media articles are for educational purposes only. We strive to provide accurate and timely information. This information should not be construed as financial advice or an endorsement of any particular cryptocurrency, project, or service. The cryptocurrency market is highly volatile and unpredictable.Before making any investment decisions, you are strongly encouraged to conduct your own independent research and due diligence
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