Last week, XRP reached a new price peak of $3.65 – the highest in over 7 years, but contrary to expectations, many in the 'XRP Army' community appeared angry instead of happy.
They believe that the prolonged legal battle with the U.S. Securities and Exchange Commission (SEC) is the reason why XRP has lagged behind, missing many growth opportunities like other top coins.
“We have waited seven years. SEVEN YEARS! Because of stupid political games, we were blocked. Do you understand?” – member MackAttackXRP shared with frustration.
SEC Lawsuit Makes Investors Impatient
The battle between Ripple and the SEC has lasted since the end of President Trump's first term (2020), when the agency accused Ripple of raising $1.3 billion through an unregistered securities offering.
Not until 2023 did the court rule that most XRP transactions did not violate the law; however, the SEC continues to appeal, prolonging the case to this day.
“It's not just because we are waiting for a new price peak, but also the feeling of being left out while other coins continuously break records,” – John Squire, a long-time XRP investor shared.
Ironclad Faith in the Future of XRP
Despite the criticism and jokes online, many in the 'XRP Army' still hold a strong belief in this coin. They see XRP as a 'fast, cheap, and fair' solution to replace traditional banking systems.
“We are not fighting for hype. We believe that XRP will be the ideal currency for the future of global finance,” – MackAttackXRP declared.
Some people like James Rule are starting to plan to sell XRP when the price hits $5, while MackAttackXRP is still 'holding' until it reaches the target of $27 – an increase of over 675% from now.
“We cannot be happy yet. We are still very angry about what has happened,” he said.
