XRP’s price has remained stagnant, even after the resolution of the prolonged legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). This outcome, which included Ripple settling the lawsuit and agreeing to a $125 million fine, was initially anticipated to drive XRP’s value upward. However, despite the expectation of a price surge following the legal settlement, XRP has struggled to gain momentum.
Bill Morgan, a lawyer who advocates for XRP, pointed out that the legal rationale for the token’s lack of price movement has now diminished. He has called on the XRP community to seek answers beyond the confines of the SEC case for the stagnation in market activity. Currently, XRP’s price hovers around $2.80, with negligible fluctuations observed in recent months. Following the legal resolution in mid-2023, there was optimism among traders and investors for a price rally, which has not materialized, leaving XRP’s market capitalization and trading volumes largely unchanged.
The legal intricacies of the Ripple-SEC case have played a significant role in the price volatility of XRP since it began in 2020. The SEC accused Ripple of executing an unregistered securities offering worth approximately $1.3 billion, creating considerable uncertainty for XRP holders. This case reached its conclusion in May 2025 when Ripple paid the substantial fine and agreed to a settlement that allowed the company to operate without admitting any legal fault. The payment was completed in August 2025, lifting the last major legal obstacle for Ripple. Despite this, the anticipated price spike has not occurred, prompting questions about the factors contributing to XRP’s persistent stagnation.
Even with the conclusion of its legal challenges, XRP’s price performance has not aligned with expected trends. The cryptocurrency ecosystem is still evolving, with positive developments hinting at increasing adoption rates. A notable recent event was the launch of the first U.S. spot XRP exchange-traded fund (ETF), which reportedly achieved impressive trading volumes on its inaugural day. However, contrary to expectations, XRP’s price did not reflect this progress, prompting concern from investors and market analysts.
Additionally, XRP’s international adoption continues to grow. In Japan, for example, the gaming firm Gumi has established an XRP treasury valued at around $17 million, signifying a rising interest from institutional investors. Furthermore, the Flare Network has introduced a stablecoin backed by XRP, promoting its use within decentralized finance (DeFi) applications. These advancements could have potentially propelled XRP’s price, yet they have not translated into significant market movement.
As the narrative unfolds, the XRP community and market observers remain alert, analyzing the dynamics that may be suppressing the token’s price and considering the future implications for one of the prominent cryptocurrencies in the market.
