Secret

<ul>
 <li><strong>The potential SEC settlement on July 25th has surged XRP’s price and network activity, with new and total addresses hitting their highest levels since March.</strong></li>
 <li><strong>Comments from Ripple CEO and recent data suggest the SEC case resolution could significantly boost XRP’s market performance, with analysts predicting further price increases.</strong></li>
</ul>
<p>As predicted in our recent<a href="https://www.crypto-news-flash.com/ripple-vs-sec-will-july-25-meeting-end-the-case/" rel="noopener noreferrer nofollow"> coverage</a>, the SEC settlement soon in the Ripple vs. SEC case by the July 25 meeting appears to be set to resolve topics including the institution and settlement of administrative proceedings, resolution of litigation claims, and other enforcement-related matters.</p>
<p>Ripple CEO Brad Garlinghouse, in a recent Bloomberg interview, stated that he is looking forward to the resolution of outstanding legal issues “very soon.”</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Some reflections as we approach the one year anniversary of Judge Torres’ Summary Judgment decision in the SEC v Ripple lawsuit.</p>
 <p>First and foremost – it was a watershed moment to find as a matter of law, a token – in this case, XRP – in and of itself, is not a security.</p>
 <p>This… <a href="https://t.co/0gh0EYhFZO" rel="noopener noreferrer nofollow">https://t.co/0gh0EYhFZO</a></p>
 <p>— Stuart Alderoty (@s_alderoty) <a href="https://twitter.com/s_alderoty/status/1811868845990126026?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>In addition, Stuart Alderoty, in his recent tweet, shared his thoughts as the one-year anniversary of Judge Torres’ Summary Judgment decision approaches in the SEC v Ripple lawsuit.</p>
<blockquote>
 <p>It was a watershed moment to find as a matter of law, a token – in this case, XRP – in and of itself, is not a security.</p>
</blockquote>
<p>He emphasized that it is important not to be sidetracked by the SEC’s attempts to entangle Ripple and the industry in litigation, stating that Ripple and the crypto industry will emerge stronger long after Chair Gensler is gone.</p>
<h2 id="will-the-settlement-pump-the-xrp-price">Will the settlement pump the XRP price?</h2>
<p>Nevertheless, recent comments from Ripple’s CEO, Brad Garlinghouse, have sparked speculation that the company’s long-running legal battle with the SEC may be nearing its end, causing a rise in the price of XRP and increased network activity.</p>
<p>A tweet update from Sentiment highlighted that the XRP Ledger is seeing a substantial number of both new addresses created and total addresses interacting on the network. Both are at their highest levels since March.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">XRP Ledger is seeing a substantial amount of both new addresses created and total addresses interacting on the network. Both are at their highest levels since March. <a href="https://t.co/AIeWzwannc" rel="noopener noreferrer nofollow">pic.twitter.com/AIeWzwannc</a></p>
 <p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1814045463261417484?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 18, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>According to today’s CoinMarketCap, Ripple (XRP) is trading at <strong>$0.5957</strong>, with a strong increase of <span style="color: #008000;"><strong>0.55%</strong></span> in the past day and <span style="color: #008000;"><strong>12.64%</strong></span> in the past week. See XRP’s price performance chart below.</p>
<div class="cryptoboxes" id="mcw-345586" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="xrp" data-symbol="XRP" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>
<p>This updates aligns with CNF’s previous <a href="https://www.crypto-news-flash.com/ripple-ceo-predicts-sec-settlement-soon-eyes-positive-impact-on-xrp/" rel="noopener noreferrer nofollow">suggestion</a> that the impending settlement has boosted XRP’s performance, breaking through numerous local resistance levels, causing some analysts to forecast additional <a href="https://www.crypto-news-flash.com/xrp-defies-market-trends-with-8-surge-amid-sec-vs-ripple-settlement-speculations/" rel="noopener noreferrer nofollow">upward movement</a> based on technical analysis.</p>

Secret Ripple Settlement Meeting with SEC in XRP Case Moved to July 25th – Price Pump Incoming?

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