XRP News Today: XRP Holders Shaped Landmark Crypto Legal Victory

The XRP tokenholder community, often referred to as the "XRP Army," played a pivotal role in Ripple Labs' successful legal defense against the U.S. Securities and Exchange Commission (SEC). The lawsuit, which began in 2020 and concluded in August 2024, centered on whether XRP could be classified as an unregistered security. A key moment came in July 2023 when Judge Analisa Torres ruled that only XRP tokens sold to institutional investors met the definition of a security, while tokens sold on public exchanges did not [1]. This outcome was significantly influenced by the efforts of XRP holders who submitted affidavits and coordinated advocacy efforts to support Ripple’s legal position [1].

John Deaton, a legal advocate for crypto investors, emphasized the tangible impact of the XRP Army's contributions. He stated that the court's final decision included direct citations of XRP holder affidavits and his amicus brief, which was a strong indicator that the community's involvement was instrumental in shaping the outcome. Deaton noted that the ruling on the non-security status of XRP tokens sold on public exchanges provided legal clarity and validated the community's efforts [1]. Ripple executives echoed this sentiment, with Deputy General Counsel Deborah McCrimmon highlighting that the community's unpaid research and advocacy were invaluable to the company's defense strategy [1].

Ripple's victory, however, has had mixed financial implications for XRP. Following the initial ruling in July 2023, XRP's price surged 72%, rising from $0.47 to $0.81, before peaking at $3.35 amid speculation surrounding the case's resolution [1]. At the time of writing, the token was trading at $2.85, having hit a record high of $3.65 in July 2024. Despite the legal clarity, Ripple has been labeled a “bad actor” by regulatory bodies, a classification that may limit its ability to raise capital in the traditional financial system [1].

Beyond legal battles, the XRP token has attracted attention for its potential to generate returns through alternative investment platforms. One such platform, EarnMining, has seen growing interest from U.S. investors, who are converting their XRP holdings into daily income streams. EarnMining allows users to mine XRP through cloud-based contracts, with some participants reportedly earning up to 2,567 XRP per day, equivalent to around $7,160 in cash flow. The platform offers tiered investment options, from free starter plans to high-yield contracts requiring substantial capital. This model has drawn comparisons to traditional yield strategies, with some investors describing it as a safer, more predictable alternative to speculative price trading [2].

While XRP’s role in yield generation gains traction, the broader regulatory landscape for crypto assets continues to evolve. The SEC has been engaging with major financial platforms like Robinhood to discuss the regulation of tokenized securities and non-security crypto assets. A recent meeting on September 2, 2025, explored how blockchain technology could be integrated into traditional finance while ensuring compliance with securities laws [3]. Topics included the tokenization of stocks and bonds, which could enhance liquidity and market efficiency but also present compliance and custody challenges [3].

Source:

[1] XRP Army helped Ripple win SEC lawsuit (https://cointelegraph.com/news/xrp-army-helped-ripple-win-sec-lawsuit)

[2] From Regulation to Returns: Ripple Receives SEC Approval (https://www.mexc.fm/en-TR/news/from-regulation-to-returns-ripple-receives-sec-approval-earnmining-offers-daily-yield-of-2567-xrp/81143)

[3] SEC Meets Robinhood to Discuss Crypto Asset Regulation (https://www.bitget.com/news/detail/12560604947698)