The SEC Dropped the XRP Lawsuit, but Is That Enough?

The U.S. Securities and Exchange Commission (SEC) has officially dropped its appeal against Ripple regarding the sale of XRP. While this marks the end of a lengthy legal battle, many in the XRP community believe it does not go far enough in addressing the damage caused by the case.

Selfinter (@selfinter) recently expressed frustration over the long-term consequences of the lawsuit, stating that Ripple’s reputation suffered significant harm. Before the lawsuit, Ripple was a dominant force in the American market. However, the SEC’s actions led to years of uncertainty, scaring off investors and preventing the company from reaching its full potential.

Beyond the impact on Ripple, XRP holders also suffered. For over four years, the lawsuit created doubt about the legitimacy of the asset, leading to financial losses for investors. One commenter pointed out that during the 2021 bull run, XRP should have reached a price of $10–13, but instead, it peaked at just $1.96. He argued that XRP should be valued at $30–40 in the next cycle, considering the price suppression it endured.

Selfinter went even further, suggesting that if not for the lawsuit, XRP would have surpassed Ethereum in market value. Many in the crypto space have predicted for years that XRP can surpass Ethereum and reclaim its position as the second-largest cryptocurrency. With the lawsuit now over, this move is more possible than ever.

Should Compensation Be Considered?

One of the strongest arguments in Selfinter’s post was that the resolution of the lawsuit was not enough. He suggested that XRP’s price should be adjusted to reflect where it could have been without the legal battle.

However, as one commenter pointed out, markets do not function based on “making up for lost time.” Market value is determined by investor confidence, adoption, and economic conditions, not by legal rulings or attempts to retroactively correct perceived injustices.

Despite this, some believe there should be legal or financial compensation for the damage done. Ripple spent well over $150 million defending itself, and some in the community are calling for Ripple to recover these funds at least.

The Future of XRP and Blockchain Regulation

While some focus on the financial impact of the lawsuit, others emphasize the broader need for regulatory clarity. One commenter noted that XRP’s long-term success depends on widespread blockchain adoption and clear regulations, which are still developing.

While the end of the lawsuit is a positive development, he argued that rather than demanding immediate compensation or price adjustments, the community should focus on ensuring regulatory frameworks, and heading in this direction could prevent similar baseless lawsuits in the future.

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.

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