Home Price Predictions XRP Could Surge in August If SEC Drops Appeal, Tech Entrepreneur Predicts
Price Predictions

XRP Could Surge in August If SEC Drops Appeal, Tech Entrepreneur Predicts

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XRP Could Surge in August If SEC Drops Appeal, Tech Entrepreneur Predicts
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A prominent tech entrepreneur has sparked fresh optimism in the XRP community with predictions of a potential price surge next month. Vincent Van Code, a well-known figure in the crypto space, believes the digital asset could experience significant upward momentum if regulatory developments unfold favorably.

According to Van Code’s recent analysis shared on social media platform X, the catalyst for this potential rally centers on the Securities and Exchange Commission’s ongoing legal battle with Ripple. He suggests that if the regulatory body decides to formally withdraw its appeal, it could trigger a cascade of positive developments for XRP holders.

Hidden Partnerships Could Emerge

The tech founder points to an intriguing detail that has captured the attention of many investors. He claims that approximately 1,700 non-disclosure agreements currently prevent numerous companies from publicly announcing their partnerships with Ripple. Should the legal uncertainty clear up, hundreds of these collaborations might finally come to light, potentially creating substantial buying pressure.

Beyond these hidden partnerships, Van Code emphasizes that institutional involvement could amplify any price movement. The possibility of exchange-traded fund approvals and major financial institutions entering the space adds another layer of potential support. Ripple’s recent arrangement with BNY Mellon to handle custody services for RLUSD reserves exemplifies how traditional finance giants are already positioning themselves within the ecosystem.

When questioned about the prolonged legal proceedings, Van Code addressed speculation that delays were intentionally orchestrated to suppress prices. He clarified that Ripple has already placed the required penalty amount in escrow, which will be released once both parties officially withdraw their appeals.

Critical Date Approaches

The XRP community has circled August 15 on their calendars following a joint status report filed by Ripple and the SEC in June. This document requested a pause in the appeal process until that date, leading many to speculate about a potential resolution. However, legal experts urge caution in interpreting this deadline.

Marc Fagel, a former SEC attorney, provided important context regarding the August 15 date. Rather than representing a firm deadline for settlement, this date simply marks when both parties must provide the court with an update on the appeal’s progress. He also tempered expectations about the financial penalties, noting that the court has already established a $125 million penalty, making speculation about a reduced fine seem unfounded.

Bill Morgan, an Australian legal expert who has closely followed the case, echoed these cautious sentiments. He emphasized that the SEC faces no obligation to withdraw its appeal by the specified date and could potentially request additional time to continue proceedings.

Currently, XRP trades in a sideways pattern after reaching recent highs. Technical indicators suggest that a combination of favorable regulatory outcomes and potential ETF approvals could provide the momentum needed for significant price appreciation. Many major players continue developing on the XRP Ledger and working with Ripple, though most maintain a low profile until regulatory clarity emerges.

Market Implications Moving Forward

The positive sentiment surrounding potential SEC developments could attract renewed investor interest in XRP as August approaches. With institutional adoption expanding and regulatory clarity potentially on the horizon, market participants may begin positioning themselves ahead of any official announcements.

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Written by
Logan Pierce

Logan Pierce is a U.S.-based crypto researcher and Web3 strategist with deep expertise in AI tools for crypto, Layer 2 scaling, DeFi, and on-chain analytics. With a background in software development and macro trend analysis, he breaks down complex blockchain topics into actionable insights. Logan regularly covers tokenomics, security, airdrops, and emerging technologies like zk tech, helping both beginners and advanced users navigate the evolving crypto landscape.

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