XRP News Today: Raoul Pal Reaffirms XRP Position Amid SEC Legal Battle and 550% Gains

Raoul Pal, founder of Real Vision and former Goldman Sachs strategist, has once again affirmed his long-term position in XRP, a move that has further bolstered market sentiment around the asset. Pal has held the position since June 28, 2021, citing strong conviction in macroeconomic cycles and improving regulatory clarity as key reasons for maintaining exposure. His continued support aligns with a broader narrative of institutional confidence in the crypto market, particularly as investors assess the long-term utility and regulatory trajectory of blockchain-based assets [1].

Pal has emphasized that the current bull market environment has seen a significant influx of retail capital into recognizable tokens, a trend he attributes to his "Banana Zone" macroeconomic thesis. Alongside XRP, he has highlighted Dogecoin and Cardano as top assets for retail investors, underscoring the role of sentiment and narrative in driving market performance [2]. His analysis suggests that the market is entering a phase where key opinion leaders and macroeconomic indicators play a pivotal role in shaping investor behavior and asset flows.

The economic impact of Pal's commitment is evident in the performance of XRP itself. Having initially entered the asset at approximately $0.60, Pal has seen a 5.5x gain as the token trades between $3.15 and $3.27. This return has not only reinforced his own strategy but has also contributed to a broader sense of optimism among market participants. Whale accumulation of XRP has also increased, with technical indicators such as bullish flag patterns and MVRV golden crosses further fueling investor confidence [2].

Pal’s stance is particularly noteworthy in light of the ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC). Despite the regulatory uncertainties and short-term volatility, Pal has remained unfazed, expressing confidence in XRP’s long-term potential. His public conviction, especially in the wake of the SEC case, is seen as a key factor in shaping market sentiment and influencing investor decisions [1].

Looking ahead, Pal has forecasted strong performance for the crypto market as early as December 2024 and into 2025. His commentary continues to emphasize a structural shift toward digital assets and a blending of traditional financial insights with blockchain innovation. As the market awaits further clarity on regulatory matters, Pal’s reaffirmed position in XRP serves as a signal to both retail and institutional investors, reinforcing the value of a long-term, strategic approach to digital asset investment [3].

Source:

[1] Ripple Price Forecast: What's next for XRP as SEC shifts ... (https://www.mitrade.com/au/insights/news/live-news/article-3-1032919-20250812)

[2] If You'd Invested $1000 in D-Wave Quantum Stock 1 Year ... (https://www.mitrade.com/au/insights/news/live-news/article-8-1033001-20250812)

[3] Bitcoin: News & Updates - Page 40 of 77 - CryptoDnes EN (https://cryptodnes.bg/en/tag/bitcoin/page/40/)