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Home Blockchain

XRP Holders Demand SEC’s Final Word After Ripple Lawsuit Closure

by DigestWire member
April 2, 2025
in Blockchain, Crypto Market, Cryptocurrency
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XRP Holders Demand SEC’s Final Word After Ripple Lawsuit Closure
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The post XRP Holders Demand SEC’s Final Word After Ripple Lawsuit Closure appeared first on Coinpedia Fintech News

The long and tense legal fight between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally over. Last week, the SEC officially dropped its appeal, and Ripple has agreed to pay a $50 million fine while also dropping its own cross-appeal. On top of that, the court’s injunction against Ripple has been lifted, which should’ve been great news.

But here’s the twist—despite this huge win, XRP’s price didn’t skyrocket like many expected. In fact, it barely budged. That’s got XRP holders talking, and not in a good way. They’re heading to social media, demanding one thing: an official statement from the SEC confirming the case is really, truly over.

“We want an announcement from the SEC just like they’ve done with other cases!” has become the rallying cry of frustrated XRP fans. The SEC hasn’t said a word publicly since dropping the case, and that silence is driving people crazy. Some even wonder if the SEC is waiting for Paul Atkins to be confirmed as the new SEC Chair before making anything official.

Ripple CEO Brad Garlinghouse tried to calm things down during the Digital Assets Summit on March 19, 2025, saying the case’s dismissal is valid without an official SEC statement. But let’s be honest—when it comes to crypto, people love clear, official news. And right now, that’s missing.

After the news broke, XRP’s price briefly jumped to $2.60, but it quickly settled back down. It’s like the market’s waiting for the SEC to give the green light before making any big moves. Until then, XRP holders will keep asking: “Where’s the official statement?”

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