Bitcoin

XRP Community Eyes Mid-August Pump as Ripple Legal Case Nears Final End

The XRP price has remained relatively flat this week, now trading near $3.13 despite mounting speculation from both insiders and community voices. But behind the scenes, tension is building as XRP supporters await a potentially game-changing shift in the legal and institutional landscape.

A recent exchange between an XRP community member and Vincent Van Code, a software engineer and founder of multiple AI startups with deep roots in the crypto ecosystem, has reignited discussion about the forces currently shaping XRP’s price action – and what might come next.

Is Price Being Suppressed Ahead of Major Announcements?

According to a vocal XRP supporter, price suppression is intentional. They claim that “jackals” are keeping the price down in order to accumulate XRP ahead of a key U.S. crypto report expected on Wednesday. The same thing allegedly happened just before the Genius Act was signed earlier this year.

The post also referenced PayPal’s new crypto payment support, suggesting it’s part of a broader setup for Ripple to pay off its $125 million SEC settlement using XRP – followed by a massive pump to help address national debt.

While some of these claims are clearly speculative, they tap into a sentiment that’s growing in the XRP community: Something big is coming, and the market isn’t pricing it in yet.

Vincent Van Code Weighs In: Legal Closure Is Near

Vincent Van Code, known for his technical background and balanced views, responded with a more grounded – but still optimistic – take.

“You’re theories are sound except [for the] 125M pay with XRP,” he replied, clarifying that Ripple has already paid the fine into an escrow account. According to him, the funds will be released once both Ripple and the SEC formally withdraw their appeals.

The real milestone to watch? August 15th. That’s the deadline for the joint status report on the appeals process, and Vincent believes it’s “very highly likely” both sides will drop the case before then.

He also confirmed an eye-opening detail: “We have 1,700 NDAs signed by various entities.” While it’s unclear when or if these unnamed players will reveal their involvement, Vincent hinted that the end of legal uncertainty could lead to a major wave of system activations and announcements.

Read also: Cardano Founder Confirms XRP Holders Will Receive Massive Airdrop

What Could Follow: ETF Filings, NDA Reveals, and Price Rally?

In a follow-up comment, Vincent doubled down on his prediction: XRP price will likely climb in mid-August if the SEC formally ends its appeal. That could trigger the public emergence of some of the 1,700 NDA-bound institutions – and potentially open the door for ETF approvals and further regulatory clarity.

While he remained cautious – “Not financial advice,” he reminded – Vincent pointed out that the writing is on the wall for anyone willing to “join the dots.”

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot – click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button