The post XRP Holders Prepare for Major Impact per SEC Meeting Today appeared on BitcoinEthereumNews.com.

The XRP community is anticipating the outcome of a private US SEC meeting. Amid market drawdown, XRP anchors its growth on the Ripple ecosystem expansion. XRP holders eagerly anticipate the US Securities and Exchange Commission meeting scheduled for today at 2:00 PM ET. These investors want to see the meeting’s impact on the price of XRP, which is associated with Ripple Labs. SEC Meeting is Crucial to XRP Holders Notably, the upcoming SEC meeting is closed, and its purpose remains unknown. XRP holders speculate that it could be geared towards voting on whether or not to formally agree on dismissing the appeal the SEC made in its case against Ripple. As detailed in our last news piece, Ripple CEO Brad Garlinghouse said the firm reached an agreement to accomplish that goal on March 19. On this day, the US SEC announced the dismissal of its XRP lawsuit appeal against Ripple. Accordingly, the SEC is expected to lift the injunction, which is currently preventing the sale of XRP to institutional investors. If the SEC eventually lifts the current injunction, XRP holders may benefit from the strong bullish trend that may emerge. This expectation is not unreasonable, as XRP jumped from a low price of $2.2 to a high of $2.6 following the landmark win. However, XRP ‘s move to the upside is slim in the current market as investors move away from risky asset classes like crypto. Additionally, Google Trends recently revealed that global search interest in crypto has decreased to only 16. As we covered in our latest report, this figure marks a sharp fall from January, when it hit a perfect 100. This surge happened right around the deadline for Ripple’s appeal. So far, XRP has remained above the $2 mark despite President Trump’s ‘Liberation Day’ tariffs. Within a…

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Filed under: News - @ April 4, 2025 1:17 am