The U.S. SEC’s lawsuit against Ripple caused much greater damage to XRP than the initial price collapse in early 2021, according to a community pundit.
Notably, one of these commentators is the analyst behind the community-driven X account “All Things XRP,” who recently argued that the lawsuit did not just hinder XRP’s progress but also robbed it of necessary growth and reputation.
XRP Price Suffers Setback:
Within days, XRP plummeted over 70%, plunging from $0.65 to $0.17 as major U.S. exchanges such as Coinbase and Kraken delisted the token and liquidity dried up. But according to All Things XRP, the true damage was not just the immediate price crash, but the prolonged suppression that followed.
From 2021 through 2023, XRP stagnated in a tight range between $0.30 and $0.50. This period coincided with one of the most explosive bull markets in crypto history, where assets like Bitcoin, Ethereum, and Solana soared to new heights.
Years-Long Stagnation:
Importantly, there was a brief moment of optimism in July 2023 when Judge Analisa Torres ruled that XRP was not a security in and of itself. The market reacted swiftly, pushing the price from $0.42 to $0.9 overnight.
Yet the SEC’s decision to appeal the ruling reintroduced uncertainty. This halted any potential upward momentum. According to All Things XRP, this back-and-forth stifled growth, exhausted retail investors, and further dampened institutional interest.
July 2023: Judge rules XRP not a security (for retail sales).
Price doubles overnight from $0.42 → $0.84.
But the SEC appealed. Uncertainty returned. The climb was over before it began.
When the SEC finally dropped the case in March 2025, XRP’s price saw a modest 10% jump to $2.49. While that might seem significant, it failed to spark any major rally. For many, the market had already moved on. Other projects had captured investor attention, and XRP’s return felt more like a muted relief than a long-awaited victory.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
You’ve been such a valuable member of our BINANCE TEAM!
This isn't the end; it's just a new beginning.
"*I wish you all the best because you deserve nothing less*"
"*I also pray for your future endeavors.*"
Enjoy your well-earned . You deserve it!
This is not investment advice.
🔸Follow share Like & comment
I hope you will do.
Immediately analyze and receive on-Chain data from top-level news and
for intestring , latest news and updates about Crypto Currencies aroud the 🌍 globe 🌎 👇🏻