• Ripple CTO posts Monty Python GIF after taking office.

  • The $XRP case is all about security classification.

  • Traders take the “buy the rumor, sell the news” approach.

Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) concluded last week, ending years of uncertainty over whether XRP should be classified as a security.

The result was expected to boost investor confidence, but XRP instead fell 4% today, underperforming most other major altcoins.

The unexpected drop raised questions about market behavior and the impact of regulatory developments on token prices.

While the SEC is now signaling a shift toward developing clearer cryptocurrency rules, market reaction suggests traders may want to wait to see how these proposals translate into policy before making long-term commitments.

Ripple CTO Uses Monty Python Clip to Mark End of SEC Case

Following the deal, Ripple's chief technology officer, David Schwartz, marked the moment with a Monty Python reference on X.

Posting a GIF from the “Salad Days” sketch, Schwartz chose a scene where a character cheerfully declares, “What a super day” before chaos ensues.

The post came just days after the SEC concluded its long-running case against Ripple, a lawsuit that had shaped much of the discussion about cryptocurrency regulation in the United States.

The dispute centered on whether XRP constituted a security under federal law.

Its resolution was expected to remove a significant source of uncertainty for Ripple and its investors.

SEC Officials Signal Policy Shift After Ripple Deal

With the case closed, SEC Chairman Paul Atkins and Commissioner Hester Peirce said they intend to work toward “clear rules of the road” for digital assets.

Ripple’s chief legal officer, Stuart Alderoty, acknowledged X’s development, expressing support for a move toward regulatory clarity.

This represents a notable shift in the SEC's tone from enforcement-driven actions to signaling interest in proactive regulation.

Industry participants have long called for consistent guidelines, arguing that the ambiguity of the current framework hinders innovation and discourages institutional investment.

The price reaction reflects profit-taking and caution

Despite expectations of a sustained rally, XRP's price trajectory has moved in the opposite direction.

The token surged immediately after the fiat outcome, but the gains were short-lived.

Traders appear to have adopted a “buy the rumor, sell the news” approach, a common pattern in cryptocurrency markets where prices rise in anticipation of a positive event and then fall as investors lock in profits.

The current decline also suggests that some market participants may be cautious, preferring to evaluate upcoming regulatory proposals from the SEC before re-entering or increasing exposure to XRP.

Questions raised about X by traders highlight the perplexity about the decline, given the removal of the legal uncertainty that had weighed on the asset for years.

A combination of profit-taking, short-term sentiment, and anticipation of regulatory details appears to be driving the market's muted response.

Until further political clarity emerges, XRP's price could remain influenced by both macro-level regulatory news and speculative trading behavior.

🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰

Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩

🚀🚀🚀 NOT JUST LIKE BUT, CLICK FOLLOW BE MASTER BUY SMART - Thank You.