SEC will focus on regulating the crypto industry after Ripple

xrp

After completing a five-year trial with Ripple U.S. Securities and Exchange Commission (SEC) Plans to develop clear rules for the cryptocurrency industry, said the head of the regulator Paul Atkins.

“Now that this chapter is closed, we can redirect efforts from the courtroom to the negotiating policy table. We need to focus on creating transparent regulatory frameworks that stimulate innovation and protect investors,” Atkins said.

SEC Commissioner Hester PierceKnown in the crypto community as ‘cryptomama’, called the completion of the proceedings a long-awaited event. “Specialists previously engaged in court cases can now focus on developing transparent regulation for the crypto market,” she added.

Ripple case history

SEC filed a lawsuit against the company in 2020, accusing it of selling unregistered securities through tokens XRP. In July 2023, the court ruled that the exchange of coins on the stock exchange was legal, but the offer to institutional investors violated the law. Ripple was fined at $125 million Instead of the initially required SEC $2 billion.

Clarity ACT and regulation

The end of the case coincided with the promotion Clarity Act – a draft law that creates a common regulatory framework for the crypto sector. Congress approved the initiative on July 18, and the Republicans plan to accept it by the end of September. Democrats, including the head of the financial committee Maxine Waters, criticize the bill for lack of consumer protection and national security.

XRP dynamics

After the completion of the case, the price of XRP increased by 3% and at the time of publication is $3.14.

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Tech Analyst Gert Van Lagen noted that altcoin overcame the seven-year structure of the “double bottom”, breaking the resistance level $1.8which signals a steady trend.

According to the expert’s calculations using fibo levels, the next key goal of XRP is − $34 by mid-2026. A similar model in 2014–2017 led to a 100,000% increase in coins.

At the same time, XRP may face correction: blockchain activity XRP Ledger remains low, and the ratio of capitalization to TVL is 2200:1 (for Ethereum – 5.6:1), which indicates a possible overestimation of the token.

According to glassnode, more than 95% of XRP addresses are now in profit. In previous cycles, the achievement of this level was accompanied by sharp drops:

  • 2021 – 65% reduction in 3 months;
  • 2024 – 40% drop in 2 months.

High profitability encourages investors to capture income, creating sales pressure.