After four years of legal purgatory, Ripple just pulled off a “beat the final boss” move—a.k.a. The U.S. Securities and Exchange Commission. And naturally, investors are losing their d*mn minds.
(Source: Giphy)
In short, CEO Brad Garlinghouse took the stage at the Digital Assets Summit in New York and casually dropped the bomb that the SEC is walking away from its appeal, officially ending its lawsuit against Ripple. No more legal doom clouds hanging over XRP. No more regulatory cock-blocking. Just thicc and juicy, unadulterated moon fuel. Within minutes, XRP shot up 12%, peaking at $2.59 before settling at $2.55. And if history tells us anything, this might just be the beginning.
Now to get a sense as to why this is such a huge deal, let’s rewind a bit. Back in 2020, the SEC sued Ripple for allegedly selling XRP as an unregistered security, effectively throwing a wrench into the company’s entire operation. The crypto world watched as XRP became the SEC’s punching bag, while Bitcoin and Ethereum got to run free like golden children.
(Source: CNBC)
But then, in 2023, a federal judge ruled that while XRP wasn’t a security when sold to retail investors, it was one when sold to institutions. A half-win, half-loss situation. Ripple took it, but the SEC? They weren’t done yet. That is, until now. With the SEC dropping its appeal, Ripple just got what it’s been fighting for—regulatory clarity. And in crypto, clarity means big swingin’ green candles.
See, now that XRP is officially not a security, the floodgates are open. For years, big institutions avoided XRP like it was radioactive waste—not because they didn’t like the tech, but because they didn’t want to get sued into oblivion. That risk? Gone. For this reason, Garlinghouse is already hyping up an XRP spot ETF, and given how quickly the SEC is pivoting from "destroy crypto" to "maybe we should regulate this like adults," it’s not as crazy as it sounds. Bitcoin and Ethereum ETFs are already raking in billions, and XRP could be next in line.
(Source: Seeking Alpha)
Plus, Ripple’s core business is cross-border payments, and 95% of its business happens outside the U.S. Meaning, now that legal baggage is gone, expect more banks, more payment providers, and more partnerships loading up on XRP-powered solutions.
What’s more is that this isn’t just about Ripple either. The SEC has been backpedaling on crypto enforcement cases like their hair is on fire. For instance, they dropped lawsuits against Coinbase, closed investigations into Robinhood, Uniswap, and Gemini, and even declared meme coins aren’t securities (yes, really). Meanwhile, their crypto enforcement unit just got slashed, and they’re now holding roundtables to figure out how to regulate digital assets without making everyone hate them.
(Source: Giphy)
So yeah, for the first time in four years, XRP is free to run. Institutions no longer have a reason to sit on the sidelines, and with regulatory clarity secured, Ripple can finally go full throttle on adoption. Short term? The price pump might cool off, especially in a choppy macro environment. But long term? XRP is back in the game, and this time, there’s nothing holding it back. And if an XRP ETF actually happens? Strap the f**k in, because things could get wild.
In the meantime, place your bets accordingly and do your due diligence. Crypto is still the wild wild west regardless of how you feel about it, and given that Paul Atkins might be sitting in the Iron Throne soon—well, expect more deregulation on deregulation in the near future. As always, stay safe and stay frosty, friends! Until next time…
P.S. You know that feeling when an insider sells $2.5 million shares of a chip stock that’s “supposed” to be the next Nvidia? If you don’t, then you need to join Stocks.News premium asap to get the first-hand look at these massive insider transactions before the rest of the retail world catches on. Spoiler: The stock has soared 400% over the last 12 months—so why in the hell is the Chief Technology Officer of this high-flying stock dumping his bags now?
Stocks.News holds positions in Robinhood as mentioned in the article.
Did you find this insightful?
Bad
Just Okay
Amazing
Disclaimer: Information provided is for informational purposes only, not investment advice. We do not recommend buying or selling stocks. Stock price discussions are based on publicly available data. Readers should conduct their own research or consult a financial advisor before investing. Owners of this site have current positions in stocks mentioned thru out the site, Please Read Full Disclaimer for details Here https://app.stocks.news/page/disclaimer