XRP in the Spotlight: SEC Meeting Could Decide Ripple’s Future!
XRP investors are on high alert as the token gained 14% last week, fueled by optimism around a potential XRP-spot ETF and speculation that the SEC might withdraw its appeal against Ripple. A critical SEC meeting on February 20 could decide Ripple’s fate, with legal experts predicting major shifts in crypto policy.
SEC’s Closed-Door Meeting—A Game-Changer for Ripple?
Ripple’s legal battle with the SEC is back in the spotlight. On February 20, the SEC will hold a closed meeting, and insiders believe it could be pivotal for XRP’s future. According to the Sunshine Act Notice, the meeting’s agenda includes:
- Initiating and settling injunctive actions
- Launching or resolving administrative proceedings
- Addressing litigation claims
- Other matters related to enforcement and examinations
Why does this matter? These agenda items suggest the SEC could be discussing multiple high-profile crypto cases—including Ripple. With mounting pressure, could this be the moment they finally drop their appeal?
SEC vs. Ripple—Will the Appeal Be Withdrawn?
The SEC’s internal shake-up is fueling speculation. Since filing its appeal brief on January 15, leadership changes within the commission have led experts to believe a policy shift is imminent.
Key changes include:
- Mark Uyeda (appointed by Trump) now serves as Acting Chair.
- Hester Peirce has been named head of the SEC’s Crypto Task Force.
The Crypto Task Force is expected to focus on resolving non-fraud-related crypto cases, including Ripple’s. This aligns with recent court filings in cases against Binance, Coinbase, and Lejilex, where the SEC requested extensions—likely to align with the Crypto Task Force’s new strategy.
Here’s where it gets even more interesting: If Paul Atkins is confirmed as the new SEC Chair, he could push for a dramatic shift in crypto regulation. Atkins is known for supporting free markets and opposing over-regulation—something that could work in XRP’s favor.
John Reed Stark, former SEC Internet Enforcement Chief, weighed in:
“Atkins would likely reverse course on the SEC’s crypto-enforcement efforts… He favors free markets and hates over-regulation—which should be a net-positive for the cryptoverse.”
With no fraud findings against Ripple, legal analysts believe the SEC could opt to withdraw its appeal much sooner than expected.
XRP’s Price Outlook—Can It Break Records?
XRP has been on a rollercoaster, dropping 1.20% on Sunday, February 16, after a 0.91% gain on Saturday. Despite Sunday’s dip, XRP significantly outperformed the broader crypto market last week, surging 14% compared to the total market’s 1.21% rise.
This surge is driven by:
- Hopes of an SEC appeal withdrawal—which would remove regulatory uncertainty.
- Growing anticipation of a U.S.-based XRP-spot ETF—SEC acknowledgment of 19b-4 applications from Grayscale and 21Shares hints at a potential shift in stance.
Key Price Scenarios to Watch:
🚀 Bullish Case: If the SEC withdraws its appeal, XRP could surge past its all-time high of $3.55.
🔥 ETF Catalyst: If an XRP-spot ETF gets the green light, institutional money could drive XRP to $5+.
⚠️ Bearish Case: If the SEC continues its appeal and rejects XRP ETFs, XRP could plunge below $1.50.
Final Take: Is XRP on the Verge of a Breakout?
The next few weeks could be historic for XRP holders. If regulatory winds shift in Ripple’s favor, we might see an explosion in price action. With an SEC closed meeting just days away and leadership changes pushing for pro-crypto policies, all eyes are on XRP.
Will XRP soar past its all-time high, or is another battle with the SEC on the horizon? Buckle up—this ride is just getting started!
