XRP price sideways raises speculation: Will the legal stalemate be resolved on August 15? Institutions are gearing up, is Ripple brewing a market turning point?

XRP price has recently been trading sideways around $3.13, sparking speculation in the community about "price suppression." Industry insider Vincent Van Code pointed out that the key node in the lawsuit between Ripple and the SEC — the joint status report on August 15 — is likely to signify the abandonment of appeals by both parties, bringing an end to legal uncertainties. He revealed that 1700 NDAs have been signed, suggesting that after legal clarity, there may be a wave of institutional activation, ETF applications, and price increases.

Price Sideways Dilemma: Deliberate Suppression for Accumulation?

Despite ongoing heated discussions among insiders and the community, the price of XRP has performed relatively flat this week, currently trading around $3.13. However, beneath the calm surface, there is an undercurrent of tension as XRP supporters are anxiously anticipating potential disruptive changes in the legal and institutional landscape.

Recently, a conversation with Vincent Van Code, a software engineer deeply involved in the crypto ecosystem and founder of several AI startups, reignited discussions about the forces shaping the current XRP price movement—and its potential future. Some believe that the sideways price action is intentional. A candid XRP supporter claimed that the "vultures" are suppressing cryptocurrency prices in order to accumulate XRP at a low price before the key U.S. cryptocurrency regulatory report expected to be released on Wednesday. It is said that a similar situation occurred earlier this year before the signing of the "Genius Act."

The statement also mentioned PayPal's newly launched cryptocurrency payment support, suggesting that this could be part of the groundwork for Ripple to use XRP to pay its $125 million SEC settlement, followed by a significant rally to help address the national debt issue. While some claims are clearly tinged with market speculation, they reflect a growing sentiment in the XRP community: a major event is on the horizon, and the current digital asset market has yet to price it in.

Vincent Van Code Interpretation: The legal conclusion is approaching, key dates locked in

Vincent Van Code, known for his balanced views and technical background, offered a more reality-based—but still optimistic—perspective. He clarified in his response: "Your theory is reasonable, except for (paying the fine with XRP) 125 million." He stated that Ripple has paid the fine into an escrow account. According to his analysis, once both Ripple and the SEC formally withdraw their appeals, these funds will be released.

When is the real milestone Node? The answer is August 15. This is the deadline for submitting the Joint Legal Status Report regarding the appeals process. Vincent believes that both parties are "highly likely" to withdraw the lawsuit before this date. He also confirmed an eye-catching detail: "We already have 1,700 confidentiality agreements (NDA) signed by different entities." Although it is still unclear when or if these unnamed participants will make their involvement public, Vincent hinted that the end of legal uncertainty could trigger a significant wave of system activation and project announcements.

Market Outlook: ETF Applications, NDA Reveal, and Price Rebound?

In subsequent comments, Vincent further emphasized his prediction: if the SEC officially ends the appeal, the price of XRP is likely to rise in mid-August. This could trigger some financial institutions that have signed 1700 NDAs to make public appearances and possibly open the door for the approval of the XRP spot ETF as well as a clearer cryptocurrency regulatory framework. Although he remains cautious—"not financial advice," he reminded—Vincent pointed out that for those willing to "connect the dots," the trend is set.

Conclusion: As the key legal Node of August 15 approaches, the XRP community holds its breath for the final resolution of the lawsuit stalemate. If Vincent Van Code's prediction comes true, the clearing of legal clouds combined with potential institutional entry and product activation (such as ETF) could inject strong momentum into Ripple (XRP), which has long been troubled by regulatory uncertainty, and the cryptocurrency market may welcome a long-awaited turning point.