- Lawyer Bill Morgan says the outcome of the Ripple SEC case will no longer affect XRP’s price
- He argues the 4-year case has lost its power, with recent news having little market impact
- The XRP community now views a spot ETF approval as the next major catalyst for the price
Renowned crypto lawyer Bill Morgan has delivered a sobering new take on the Ripple vs. SEC case, arguing that its final outcome will no longer have a significant impact on the price of XRP.
In his latest post on X, Morgan noted that stretching the case for so long might have absorbed the potential energy needed for XRP price to be affected, regardless of which side ultimately wins.
On July 1, 2025, Morgan highlighted on Twitter, “The ruling was on 13 July 2023, almost two years ago. So it’s not really ‘almost here.’ Nothing left in the final dying embers of this case will have much impact on XRP price given the impact of past news from the case over the last 18 months.”
Why Does the Lawsuit No Longer Have an Impact?
Morgan pointed out that predictions made two years ago indicated a surge in XRP’s price upon a favorable outcome for Ripple in the legal battle. Yet, as time passed and the case continued to drag out, the initial excitement and anticipation have waned. Market participants have absorbed the news cycles and developments, to the point where they may no longer act on updates related to the case.
As the market evolves, it seems that traders and investors in the cryptocurrency space have shifted their focus. The prolonged duration of the case may have led to a kind of desensitization, where players in the market have moved on, searching for new catalysts that promise potential benefits. Gone are the days when the outcome of the Ripple SEC case was viewed as the be-all and end-all for the price of XRP.
In fact, many in the XRP community are now looking toward a different potential catalyst: the approval of a spot Bitcoin exchange-traded fund (ETF). The spot ETF has garnered interest as a promising driver for the crypto market, shifting attention away from the Ripple case altogether. The sentiment seems to be that this new possibility could create more substantial price movements compared to the outcomes of ongoing litigation.
Moreover, Morgan argues that the market is in a different state than when the case began. Regulatory clarity, changing public perceptions of cryptocurrencies, and the emergence of new investment opportunities are all factors that lead to a diminished focus on the Ripple vs. SEC case. As newer narratives capture the imagination of traders and investors, the once-impending judgment now feels like a distant memory.
This shift in sentiment illustrates a broader trend in the cryptocurrency world, where news cycles evolve and priorities change. It’s an indication that market participants are always looking for the next big thing, willing to pivot quickly away from legacy issues in pursuit of newer opportunities. As a result, the Ripple case, once a focal point of dramatic speculation and volatility, has faded in importance.
For traders, this changing landscape creates both challenges and opportunities. Understanding the current dynamics—what drives market sentiment and price movements—is essential for navigating the ever-evolving crypto ecosystem.
Ultimately, while the Ripple vs. SEC case remains a notable chapter in the cryptocurrency world, its lasting impact on XRP’s price seems to be diminishing, paving the way for other catalysts to take the lead in price speculation.
The post Why the Crypto Market Has Stopped Caring About the Ripple vs. SEC Case appeared first on Coin Edition.
