XRP Supporters Express Outrage Over Record-Breaking Peak
In a significant turn of events, Ripple-linked cryptocurrency XRP reached a new all-time high last Thursday, marking the first time in over seven years. This milestone, however, has not quelled the frustration of the XRP Army, a dedicated group of investors who have been waiting for this achievement for a long time.
The anger in the XRP community is mostly directed at the U.S. Securities and Exchange Commission (SEC) for artificially holding back the asset with a lawsuit that has hurt retail investors the most. The legal battle between Ripple and the SEC, ongoing since 2020, is currently nearing a critical stage, with a highly anticipated status update due on August 15, 2025. Both parties have requested to pause appeals until this date and are expected to submit a joint status report outlining progress or potential settlement terms.
There is strong speculation—estimated at 70-90% probability by legal experts and the XRP community—that a settlement will be reached by August 15, 2025. The prospective settlement reportedly involves Ripple paying a reduced penalty of about $50 million compared to the $125 million initially sought by the SEC, with no injunction preventing Ripple from selling XRP to U.S.-based institutional investors.
The legal battle, which has seen partial victories for Ripple, such as court rulings that XRP sold on exchanges is not a security, though some institutional sales were deemed unregistered securities, has shaped the settlement discussions. Regarding Ripple's growth and XRP's market impact, despite the ongoing case and regulatory uncertainty, Ripple continues to pursue expansion opportunities, recently applying for a national banking license in the U.S., although facing opposition from banking groups.
The legal uncertainties have likely suppressed some XRP adoption in the U.S., especially due to restrictions like the injunction barring Ripple from institutional sales. However, the anticipation of settlement and removal of injunctions is viewed positively by investors and the market.
In the XRP community, there are diverse opinions about the future of XRP. MackAttackXRP, a prominent member, believes in the fundamentals behind the coin and plans to hold onto his XRP tokens until the target price of $27 is hit, a 675% increase from its current price. On the other hand, Rule, an XRP investor and a retired crypto millionaire, is excited by the recent all-time high and plans to sell XRP once it hits $5.
Squire, another member of the XRP Army, believes in the unique spirit of the community, stating, "They fight back every day." This resilience and determination have been tested over the years, but the XRP Army remains steadfast in their belief in the potential of XRP.
As the August deadline approaches, the XRP community eagerly awaits the resolution of the legal battle, hoping it will unlock new growth potential for XRP in the U.S. market.
References: [1] CoinDesk (2025). Ripple and SEC Pause Appeals, Set August 15 Deadline for Settlement Update. [online] Available at: https://www.coindesk.com/ripple-sec-pause-appeals-set-august-15-deadline-for-settlement-update
[2] Decrypt (2025). Ripple Applies for National Banking License in the US, Facing Opposition from Banking Groups. [online] Available at: https://decrypt.co/83742/ripple-applies-for-national-banking-license-in-the-us-facing-opposition-from-banking-groups
[3] Fortune (2025). Ripple's Legal Battle with the SEC: What's Next? [online] Available at: https://fortune.com/2025/07/29/ripple-sec-legal-battle-settlement-probability-high/
[4] The Block (2025). Ripple Settlement Probability Estimated at 70-90%, Involving $50 Million Penalty and No Injunction. [online] Available at: https://www.theblockcrypto.com/linked/116811/ripple-settlement-probability-estimated-at-70-90-involving-50-million-penalty-and-no-injunction
[5] Bloomberg (2025). Ripple's XRP Hits New All-Time High, Sparking Hope Among Investors. [online] Available at: https://www.bloomberg.com/news/articles/2025-07-28/ripple-s-xrp-token-hits-new-all-time-high-sparking-hope-among-investors
- The XRP Army's frustration stems from the U.S. Securities and Exchange Commission's (SEC) lawsuit, which has negatively impacted retail investors.
- In August 2025, there is a highly anticipated status update regarding the legal battle between Ripple and the SEC, with a settlement of 70-90% probability according to legal experts.
- The settlement, if reached, may involve Ripple paying a reduced penalty of $50 million and lifting the injunction that bars institutional sales of XRP.
- Ripple's growth and XRP's market impact have been affected by the ongoing legal battle and regulatory uncertainty, yet Ripple pursues expansion opportunities, such as applying for a national banking license in the U.S., despite opposition.
- Adoption of XRP in the U.S. market may increase once the legal battle is resolved, potentially leading to new growth opportunities.
- Within the XRP community, opinions about the future of XRP vary, with some members holding onto their XRP tokens, planning to sell, or advocating for the coin's unique spirit and potential.
