XRP May Not Surge After the End of the Ripple vs. SEC Case

As the ruling in the case between Ripple Labs and the US Securities and Exchange Commission (SEC) approaches, the crypto community is speculating on the potential impact on the price of XRP.

Rachel Rene, a popular crypto specialist, claims that the upcoming ruling will not have a significant impact on the price of XRP, contrary to many investors’ expectations.

Renee explained that the ruling will detail how Ripple will be penalized for minor infractions, but is skeptical that this legal closure will catalyze a significant price increase

She believes the key moment for the price spike was when Judge Torres provided regulatory clarity last July, which has not had a lasting effect. Renee also argues that institutional investors who needed confirmation of the legality of buying, holding and using XRP have now received that clarity.

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Crypto Specialist concludes that while there may be a marginal increase in the price of XRP after the resolution, it will not be the significant increase many are hoping for. She suggests that significant market movements for XRP are more likely to be the result of new developments demonstrating the utility and acceptance of the cryptocurrency by major players, such as banks and financial institutions.

Contrary to Rene’s view, Bas van Gestel of the XRP community presents а more bullish perspective. He argues that the end of the Ripple-SEC lawsuit will catalyze a big spike in the price of XRP due to increased regulatory clarity, the attraction of more investors, institutional acceptance, and global partnerships

However, René responded by questioning the timing of these events, noting that while they may have an impact, they have not yet materialized meaningfully since regulatory clarity was established over a year ago.

Alexander Stefanov