Despite the U.S. Securities and Exchange Commission (SEC) officially dropping its case against Ripple, XRP’s price has yet to deliver the explosive rally that many anticipated.
Initially, news of the lawsuit’s resolution sent XRP soaring to $2.60, reflecting a 16% increase in value on the day of the announcement. However, this surge proved to be short-lived, as the cryptocurrency retreated to $2.38 the following day, erasing 8% of its gains.
This unexpected pullback left many investors questioning why XRP had not skyrocketed in response to such a landmark development.
Why Has XRP Not Surged to New Highs?
Among those offering insights into XRP’s lackluster price action is angel investor Armando Pantoja, who voiced his thoughts on social media.
Why hasn’t $XRP skyrocketed to $10 since the news?
While the SEC has dropped the appeal, they have no official statement, leaving already cautious investors on the sideline.
Unlike memecoins, $XRP's price stability is influenced by derivatives more than smaller coins, making…
— Armando Pantoja (@_TallGuyTycoon) March 20, 2025
He addressed the sentiment many XRP holders shared, asking, “Why hasn’t XRP hit $10 following this news?”
Pantoja pointed to a critical factor: the SEC has not yet officially confirmed its withdrawal from the lawsuit. While Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty both publicly stated that the SEC had decided to discontinue the appeal process, the regulator has yet to issue its official statement.
According to Pantoja, the lack of direct confirmation from the SEC has left some investors hesitant, preferring to wait for regulatory clarity before making significant moves.
XRP’s Rally Will Happen- Just Not Overnight
Pantoja further explained that XRP’s price movements differ from those of smaller, speculative assets like meme coins, where sudden 10x surges can happen within hours.
Instead, he emphasized that XRP’s price is heavily influenced by derivatives trading, which tempers extreme volatility. This structural factor makes it unlikely for XRP to experience a rapid price explosion in a matter of hours or days.
“A 10x move will happen, but not in 24 hours,” Pantoja reassured investors.
Was the SEC News Already Priced In?
Other analysts provided a different perspective, suggesting that XRP’s price had already accounted for the SEC’s withdrawal before the official announcement.
In the days leading up to Ripple’s confirmation, speculation was already widespread within the crypto community that the lawsuit was nearing its conclusion. This anticipation likely meant that the bullish momentum was already factored into the market, preventing a dramatic post-announcement surge.
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
What Will Drive XRP’s Price Higher?
With legal uncertainty no longer weighing on Ripple, attention is shifting toward what will fuel XRP’s next major rally.
According to Johnny Krypto, co-founder of Merlin, XRP’s long-term growth will hinge on real-world adoption, institutional investment, and utility-driven demand.
He highlighted several factors that could trigger a sustained uptrend, including:
- Institutional adoption and major financial partnerships
- Tokenization of assets on the XRP Ledger
- Cross-border payment integrations that expand XRP’s use case
- Fresh capital inflows from new investors
While the short-term price action remains subdued, analysts like Johnny Krypto remain bullish on XRP’s future trajectory. In an optimistic scenario, he envisions XRP reaching $8 or beyond during a strong bull cycle.
Although XRP’s price reaction has been underwhelming, the long-term outlook remains promising. With regulatory hurdles cleared, the next major move will likely depend on fundamental adoption, institutional confidence, and the broader market cycle.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
