CaryptosHeadlines Media Has Launched Its Native Token CHT.
Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT.
Join the Airdrop at the official website,
CryptosHeadlinesToken.com
- Despite Ripple CEO Brad Garlinghouse’s claims, the SEC has yet to officially confirm the lawsuit’s closure.
- XRP’s price and search interest have slumped, raising questions about its next move.
The years-long legal battle between Ripple and the SEC appears to be over, but the silence from regulators is deafening. While Ripple’s CEO Brad Garlinghouse announced on March 19 that the SEC would withdraw its appeal, the agency itself hasn’t commented, leaving investors in limbo.
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let’s build,
Meanwhile, XRP’s price is struggling with volatility and public interest, as measured by Google Trends, has hit a record low. This slump suggests the lawsuit’s drama may have been propping up attention all along.
What’s Delaying the SEC’s Final Word?
Legal experts like Fred Rispoli predict the SEC will formalize its withdrawal within 60 days, but the wait is testing patience. “Now we wait on a vote by the SEC Commission (less than 30 days).
Then we wait on filing by SEC to lift the injunction, which will be unopposed by @Ripple. Judge Torres will sign off on it (less than 30 days from the motion filing). At most we are 60 days out from this being 100%, formally, legally, and spectacularly over,” he stated.
Historically, the SEC has issued prompt statements in similar cases (like Kraken and Cumberland), making its silence here unusual. Ripple’s proposed settlement terms, slashing fines from $2 billion to $50 million and lifting restrictions on institutional sales, add to the uncertainty. The SEC’s closed meeting on April 3 could finally provide clarity, but until then, speculation still sits.
XRP’s Price and Public Interest Fade
XRP’s price has dropped to around $2.10, with selling pressure intensifying since Garlinghouse’s announcement. Google Trends data shows global search interest for XRP at a record low of 16, down from a peak of 100 in January when legal tensions were high. This suggests the lawsuit’s controversy may have been inadvertently fueling engagement. With the case resolved, the buzz has vanished, and so has bullish momentum.
Three key factors will shape XRP’s trajectory: SEC’s Formal Actions, a confirmed appeal withdrawal could restore confidence, while delays may push prices below $2. Spot ETF prospects and approval of one of the 18 pending XRP ETF applications could send prices toward $3.55. Macro risks like trade tensions or recession fears might drag XRP down to $1.79, though a risk-on market could revive it.
The Ripple case’s end removes a major overhang, but XRP’s future now hinges on regulatory clarity and market sentiment. As Rispoli noted, the wait is almost over, but until then, investors should brace for volatility, and hope the SEC breaks its silence soon.
