The long-standing Ripple vs. SEC lawsuit has officially wrapped up, but there’s a catch—we’re still waiting for the SEC’s official statement. Why the hesitation? In past cases like Kraken and Cumberland, the SEC gave official statements and confirmation, and this one’s no different. According to attorney Fred Rispoli, Ripple should receive an official update within 60 days.
But here’s the million-dollar question—what’s next for XRP’s price? Investors had high hopes for a massive rally, even expecting a $10 surge, considering the emotional rollercoaster of the legal battle. After all, XRP’s price reacted strongly to events like Trump’s election, so wouldn’t this be an even bigger catalyst?
Now, let’s put technical charts aside and dive into an unexpected data point: XRP’s global search interest. It plummeted to a new low of 16, according to Google Trends. To put that in perspective, XRP’s search interest peaked at 100 in January—the exact time of Ripple’s appeal deadline. Interestingly, XRP saw a 5% price rally during that period.
So, here’s a thought: was the SEC unintentionally keeping XRP alive through public attention? The endless social media debates, Gary Gensler’s constant mentions, and top lawyers joining the case all fueled the XRP buzz. Now that the lawsuit is over, the chatter’s died down, and so has the search interest.
Is the SEC’s silence the final nail in the coffin for XRP’s social sentiment? Or is this just the calm before the next wave? Only time—and that much awaited official statement—will tell.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed