Despite the recent court ruling against Ripple’s joint motion with the SEC, the XRP price has shown remarkable resilience.
According to XRP YouTuber Moon Lambo, the price action suggests that holders remain confident in the token’s long-term prospects.
Minimal Price Impact After Negative News
When news broke Thursday morning that U.S. District Judge Analisa Torres denied Ripple and the SEC’s request to vacate a permanent injunction and reduce Ripple’s penalty, the price of XRP was just above $2.15. The market responded with a mild sell-off, dipping gradually to a low of about $2.09. This was a mere 2.7% drop.
Analyst Moon Lambo noted that the XRP price decline was steady rather than sudden, showing no signs of panic selling or a “cliff drop.”
According to his analysis, the downward move unfolded slowly between 8:15 AM and 11:50 AM Central Time, with no mass exodus of holders.
XRP Price Recovers, “Holders Don’t Care”
In the three hours following the dip, XRP’s price rebounded to approximately $2.12, regaining much of the initial loss. According to Moon Lambo, this recovery suggests that nearly all XRP holders understand the court’s ruling does not fundamentally impact the XRP’s value or future.
He concluded emphatically that XRP investors simply no longer care about Ripple’s legal developments.
In effect, the restrained market reaction highlights a growing maturity and conviction among XRP investors, who appear to view the legal saga as noise rather than a threat to the asset.
Strong Holder Confidence
Community figures and Ripple’s Chief Legal Officer, Stuart Alderoty, have reiterated that the ongoing case no longer concerns XRP itself. Notably, XRP’s involvement ended in 2023, when Judge Torres declared it a non-security. The SEC did not challenge this ruling.
Now, the remaining issues involve Ripple’s corporate sales of XRP. While the SEC agreed to withdraw its appeal, Ripple is seeking a reduced fine and the lifting of the injunction before fully settling the case, a request the judge has refused to grant.
Meanwhile, XRP holders remain confident that the token’s utility and adoption will continue beyond the courtroom drama. This is already playing out, as company after company announce plans for XRP treasuries, with disclosed holdings reaching $1 billion. Additionally, multiple prominent asset managers are pursuing spot ETFs that would directly invest in XRP.
As of press time, XRP price is trading at $2.09, showing a 4.5% daily loss — the worst among the top-ranked crypto assets. Notably, this dip aligns with a broader market sell-off over the past 24 hours. Bitcoin has fallen to $106K after trading near $108K the previous day.
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