Lawyer Bill Morgan, ever the optimist, insists that XRP’s languid pace is not a result of the lawsuit, but rather a charming quirk of market whims. 🤷♂️
XRP price stagnation can no longer be attributed to its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC), according to crypto lawyer Bill Morgan. With the lawsuit officially settled and Ripple’s $125 million payment to the U.S. Treasury, XRP now faces a different set of challenges that influence its future price performance. A mere pittance, surely, for such a monumental legal ordeal. 💸
XRP Lawsuit Settlement Marks Legal Closure
The XRP lawsuit has finally come to an end with Ripple’s $125 million settlement. The settlement was reached in May 2025, bringing closure to the multi-year legal battle. The agreement required Ripple to pay the fine and comply with certain restrictions on institutional sales. However, it also preserved important rulings that differentiate between programmatic retail sales and institutional transactions. A triumph of legal nuance, or merely a well-timed distraction? 🕵️♂️
Despite this legal clarity, XRP price has remained flat. As of now, the token is still trading under $3, unable to capitalize on favorable events such as the launch of the first U.S. spot XRP ETF. Many investors expected a surge following the lawsuit’s resolution, but the anticipated price increase has not materialized. A disappointing outcome, or simply the market’s way of saying, “Enough with the drama.” 🎭
The Token’s Stagnation Is Now Linked to Adoption and Innovation
Bill Morgan, a prominent crypto lawyer, stated that XRP price stagnation is no longer linked to the lawsuit. He emphasized that the token’s future performance will depend on adoption and innovation rather than legal outcomes. Morgan’s statement reflects growing sentiment in the community that legal issues are no longer a significant obstacle for XRP growth. A bold claim, but perhaps not entirely unfounded. 🤔
Yes the lawsuit excuse has run its course for any further lack of XRP adoption or flat price action.
– bill morgan (@Belisarius2020)
Ripple’s CEO Jake Claver confirmed that the settlement was paid last month, further solidifying the legal resolution. However, the crypto community is now turning its focus to factors like broader adoption, product development, and industry partnerships to drive the token’s value forward. A noble endeavor, though one wonders if the market will ever embrace XRP with the fervor it deserves. 🚀
Ecosystem Growth and New Opportunities for XRP
Despite XRP stagnant price, the broader ecosystem has continued to expand. One notable development is the Flare Network’s launch of a stablecoin backed by XRP through its Liquity V2 platform. This move is aimed at improving decentralized finance (DeFi) use cases and increasing on-chain liquidity, potentially creating new opportunities for XRP. A spark of innovation, or merely a fleeting flicker? 🔦
Additionally, Gumi, a gaming and blockchain company in Japan, has established an XRP treasury worth 2.5 billion yen (approximately $17 million). This aligns with SBI Holdings’ push into blockchain finance, further signaling growing corporate interest in XRP as a treasury asset. A curious development, though one might question if this is a genuine investment or a clever marketing stunt. 🎮
Ripple has also outlined its plans to expand in the African market with its U.S. dollar-backed stablecoin, RLUSD. Ripple intends to work with fintech partners like Chipper Cash and Yellow Card to inject $700 million into cross-border payments. A bold move, though one can’t help but wonder if the real beneficiaries are the bankers, not the people. 💸
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2025-09-22 23:01