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Coin Edition 2025-05-03 06:45:00

XRP Holds $2.20 as Stuart Alderoty Frames SEC Retreat as Legal Turning Point

XRP Holds $2.20 as Stuart Alderoty Frames SEC Retreat as Legal Turning Point

Alderoty says SEC’s dropped appeal marks shift toward clear crypto policy XRP price holds $2.20 in May as whales continue buying through volatility RSI and Bollinger Bands show momentum building for XRP to retest $2.30 Ripple’s Chief Legal Officer, Stuart Alderoty, recently shed light on the United States Securities and Exchange Commission’s (SEC) abandoning its appeal against Ripple back in March 2025. Speaking at a “Crypto In One Minute” session shared via Ripple’s official channels, Alderoty noted that the SEC’s move signifies a broader realization that enforcement actions cannot be effectively pursued without clear regulatory frameworks for crypto in the U.S.. He stressed the absence of established laws governing the cryptocurrency space in the US, stating that the focus will now shift towards collaborating with Congress to establish “smart crypto regulation” that protects consumers, market integrity, and fosters innovation. Market Dynamics Shift: Spot Demand Driving XRP Rally? Market analyst Dom pointed out a key change in XRP market behavior compared to previous cycles starting around 2020. Dom noted that historical XRP price peak… The post XRP Holds $2.20 as Stuart Alderoty Frames SEC Retreat as Legal Turning Point appeared first on Coin Edition .

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