XRP Holders Waited All Year For $10—3 Reasons Why It Never Came
XRP (CRYPTO: XRP) holders that bet on $10 in 2025 are down 8% since the start of the year, refuting the wide-spread belief at the start of 2025 that 2025 would be a positive year for altcoins.
Reason #1: SEC Lawsuit Dragged Till August
The SEC vs. Ripple lawsuit didn’t conclude until Aug. 22 when the court clerk certified that both parties dropped their appeals.
The delay was not random. Former SEC Chair Gary Gensler filed a last-minute appeal just five days before Donald Trump fired him from office.
It was similar to what happened in 2020, when Jay Clayton filed the original lawsuit on his final day as SEC chair.
Because of that appeal, the case stayed alive for months longer than expected.
As long as the lawsuit was still open, XRP could not break out.
Big institutions stayed away, ETF issuers could not move forward, and every rally stalled.
Reason #2: ETFs Didn’t Launch Till November
XRP spot ETFs didn’t go live until November, delayed by both the lawsuit and the government shutdown.
Six of seven ETF issuers updated their S-1 filings on August 22—the day the case officially ended—to confirm the lawsuit was resolved.
Then the government shutdown forced another delay.
Paul Atkins at the SEC provided a workaround …
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