The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a pivotal moment for the cryptocurrency industry. However, attorney Fred Rispoli has recently eased concerns surrounding the possibility of an SEC appeal, providing a hopeful outlook for Ripple and XRP.
Rispoli’s analysis suggests that even if the SEC decides to pursue an appeal, the case would likely drag on until 2026. This long delay provides Ripple with a significant window of opportunity to thrive in the market, free from immediate legal uncertainties. He stated, “If Ripple and XRP don’t make it now, it’s not because of the SEC’s case,” pointing out that the regulatory body’s focus has shifted to other exchanges and tokens, relieving some pressure on Ripple.
Ripple’s Court Victory And Institutional Confidence
The court’s favorable ruling for Ripple has instilled confidence among institutional partners to embrace XRP. According to Rispoli, this ruling is unlikely to change before 2026, offering Ripple a sense of security in its growth strategy. He also emphasized that federal legislation could potentially outpace the SEC’s legal actions, reshaping the regulatory framework for cryptocurrencies well before the appeal is settled.
The ruling has given Ripple ample breathing room, and the company’s leadership has been proactive in requesting the monetary portion of the court’s final judgment. This move aims to solidify Ripple’s legal standing while anticipating any potential SEC appeal.
Jeremy Hogan Weighs In on SEC’s Next Move
Adding to the conversation, attorney Jeremy Hogan of Hogan & Hogan offered his perspective on the SEC’s indecisiveness regarding an appeal. According to Hogan, the SEC’s delay in filing suggests that they have not yet reached a decision. He estimates a 60% chance of an appeal but notes that the SEC “doesn’t operate like a normal litigant.”
Hogan further cautioned that an appeal could backfire on the SEC, potentially leading to a stronger legal precedent for Ripple. However, with the SEC’s unpredictable behavior, the cryptocurrency community is left waiting to see what the regulatory body will do next.
XRP and Ripple’s Strong Market Position
Despite ongoing legal challenges, XRP remains resilient, holding strong at $0.50 and maintaining a market cap of approximately $26 billion. Ripple continues to rank within the top 10 cryptocurrencies, bolstered by institutional support and confidence in its future. The possibility of a prolonged SEC appeal offers Ripple a unique advantage: time to solidify its position and expand its influence in the crypto space.
With the SEC’s focus shifting to other crypto assets and the potential for federal legislation to reshape the regulatory landscape, Ripple is in a strong position to thrive in the coming years. As Rispoli and Hogan suggest, the path ahead may be challenging, but Ripple’s chances of success have never been brighter.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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