XRP August big pump warning! If the SEC withdraws the lawsuit, it will unlock cooperation with 1700 institutions, Ripple may迎史诗级突破.

The latest prediction from technology founder Vincent Van Code suggests that if the U.S. Securities and Exchange Commission (SEC) officially withdraws its appeal against Ripple in mid-August, the XRP price will experience a breakthrough pump. At that time, the hidden 1,700 non-disclosure agreements (NDAs) partners of Ripple may make a collective appearance, combined with the custody progress from institutions like BNY Mellon, leading to an explosive period for the Ripple payment ecosystem. The market is focused on the lawsuit progress report on August 15, but legal experts warn that regulatory uncertainties still exist.

Withdraw the lawsuit to ignite the threefold growth engine

Vincent clearly outlines the pump path on social media:

"If the SEC officially withdraws the lawsuit, XRP will undoubtedly rise in mid-August. Subsequently, 1,700 NDA partner companies may come to light" The core driving logic includes:

  1. Legal clouds dissipate: Withdrawal of lawsuits removes the biggest obstacle to institutional cooperation.
  2. Ecosystem Partner Unblocking: Major collaborative projects in the finance and payment sectors are集中曝光
  3. Expectations for ETF Heating Up: The approval of spot ETFs will open the floodgates for institutional funds. Key evidence comes from the RLUSD stablecoin reserve custody cooperation between Ripple and BNY Mellon, indicating that traditional finance is substantively accessing the XRP ecosystem.

August 15 is the day of the long and short battle

The current time point is extremely sensitive:

  • Both parties jointly applied to the court on June to suspend the appeal process until August 15.
  • The XRP community sees it as the final countdown to a resolution. But former SEC lawyer Marc Fagel clarified key legal details:

"August 15 is not a mandatory settlement deadline, but rather a date for both parties to update the court on the progress of the lawsuit" He also refuted market rumors, emphasizing that Ripple has deposited the $125 million fine (approximately 900 million RMB) into an escrow account as per the court's ruling, and the so-called "$50 million low-priced settlement" is purely speculation.

Legal reefs still exist

Australian lawyer Bill Morgan issues an important warning:

  • The SEC has no legal obligation to withdraw the lawsuit before August 15.
  • Regulatory authorities may apply for an extension to continue the legal battle. Historical data shows that XRP prices are extremely sensitive to litigation developments:
  • After the announcement of some favorable rulings in July 2023, XRP rose 76% in a single day
  • The current price is consolidating near historical highs, with a technical pattern indicating accumulation.

Conclusion: Despite the technical and fundamental signals pointing to the August market, investors must remain vigilant for regulatory "black swans." If the SEC's lawsuit is withdrawn, the XRP cross-border payment solution will activate a hundred billion-level enterprise market, and the appearance of 1,700 NDA partners may reshape the cryptocurrency landscape. It is recommended that holders pay close attention to the developments in the litigation documents before August 15 and timely adjust their cryptocurrency tax reporting strategies to cope with price fluctuations. Ripple ecosystem tokens (such as RLUSD) and related payment projects may become the biggest winners.

XRP0.67%
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