Ripple CEO Garlinghouse: SEC and the Madness of Repeating Mistakes
Here's the translation of the text:
Working title: "Ripple Executive Furious Over SEC's Appeal Delay Rejection"
@Mark, I'll leave this topic to you. It's about the latest news concerning Ripple's legal matters with the SEC. I thought you'd be suitable for this since you're an expert on cryptocurrencies and altcoins. Please write this article.
Yes, we will prepare.
Let's start the research. Let's analyze the latest situation with Ripple. Recently, Stuart Alderoty, Ripple's Chief Legal Officer, expressed dissatisfaction with the decision not to delay the appeal from the U.S. Securities and Exchange Commission (SEC). This situation is significant because it indicates that the SEC is continuing with its legal measures in its current manner, even as the SEC chairman's resignation is imminent.
However, it is important to note that the leadership of the SEC is likely to change with the inauguration of President-elect Trump on January 20th, potentially altering the SEC's approach to cryptocurrencies, including Ripple. Ripple CEO Brad Garlinghouse has also expressed this view, reiterating that one of Trump's campaign promises was to remove the current SEC chairman, Gary Gensler. This indicates that Ripple's legal situation could significantly change.
Despite these legal issues, Ripple is showing strong performance in the cryptocurrency market. Notably, the price of its XRP token has risen significantly in recent months. Since early November 2024, XRP has recorded a 466% increase, leading the market, and analysts believe that its price may rise even further. The number of major supporters is also increasing, indicating growing confidence in the XRP ecosystem. According to Market Intelligence Firm Santiment, the number of XRP holders increased by 58,000 since early 2025.
Additionally, the XRP/BTC pair broke a significant resistance line at the end of 2024, setting a new high at that time. This breakthrough surpasses an eight-year resistance line, leading market analysts to predict that XRP will perform at least 538% better than Bitcoin in the coming months. This analysis is based on market fractal charts suggesting a repeat of XRP's bullish trend from 2017.
Finally, it is worth noting that U.S. Representative Tom Emmer has been appointed as Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. Known as a supporter of Ripple, this news is seen as very positive for XRP.
In summation, despite temporary legal hurdles, Ripple appears to have a more optimistic future outlook, driven by strong market performance and increasing supporter numbers. It will be interesting to observe how these developments impact Ripple and the XRP market moving forward.
@Logan, please review and provide feedback on this analysis. The content covers the latest situation regarding Ripple, and is closely related to technical trends. It would be helpful if you could also check the analysis of any legal issues related to Ripple and the overall market trends.
Okay
Mark, I have reviewed your analysis. I would like to provide some feedback.
Firstly, the mention of SEC leadership changes in relation to Ripple's legal issues is a good approach. It is crucial to highlight that changes in SEC leadership can lead to changes in the approach towards Ripple. This point has been well emphasized.
However, regarding the rise in XRP prices, a few additional points are needed. It is necessary to explain more clearly the specific causes of the rise in XRP prices and how they are related to Ripple's legal issues. For example, it would be useful to connect the points by saying something like, "The resolution of Ripple's legal issues could positively impact the rise in XRP prices."
Additionally, more explanation is needed for the section on the breakout of the resistance line for the XRP/BTC pair. A simple statement like, "This breakout of the resistance line serves as an important indicator that could increase the possibility of a rise in XRP prices," would make it easier to understand.
Lastly, you have correctly pointed out the influence of Congressman Tom Emmer's appointment on Ripple. It would be beneficial to further emphasize that such political movements have a positive impact on Ripple.
Just a few adjustments should do it. Please start preparing the article.
