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Cryptocurrency News Articles
Ripple (XRP) Price Prediction: Why Legal Experts Believe the SEC Appeal Is Failing and What It Could Mean
Mar 04, 2025 at 03:14 am
John Deaton argues that the SEC's appeal lacks merit. While the agency may be dissatisfied with the outcome—especially given Ripple's strong support
Legal expert John Deaton has argued that the SEC’s appeal against Judge Torres’s ruling in the Ripple case lacks merit.
Deaton, a fierce critic of the SEC and a vocal supporter of Ripple, pointed out that Judge Torres previously found the agency had failed to meet specific legal standards in its case against the crypto firm.
“The SEC is appealing Judge Torres’ ruling but they are going to lose. Again. They didn'880;ll run out of time and the case will be dismissed,” Deaton stated in a recent X post.
Judge Torres ruled in July that the SEC had failed to prove that Ripple sold unregistered securities despite a nine-year-long investigation. The ruling also stated that the SEC officials' testimony was not credible and that the agency had failed to provide clear notice to the public about which crypto assets would be subject to registration requirements.
However, the SEC is now planning to appeal this decision, which could further delay the resolution of the case and ultimately lead to the Supreme Court if the case reaches that stage.
Deaton further speculates that if the case moves to the Second Circuit Court, Ripple is likely to win again. And in the unlikely event that the SEC prevails there, the case could reach the Supreme Court, causing further delays.
“My opinion is they [the SEC] will lose at the Second Circuit. If the SEC wins at the Second Circuit—which I don’t think they will—the case will go to the Supreme Court,” Deaton added.
Deaton also pointed out that some SEC officials, including the acting director and former commissioner Paul Atkins—who has openly criticized the agency’s stance—could push for the case to be dismissed altogether. If three out of five SEC commissioners vote in favor, the lawsuit could be dropped, which would show the legitimacy of XRP as a recognized crypto asset in the market.
As the legal battle continues, investors are closely watching for any updates that could affect the price of XRP.
According to Amonyx, a crypto price predictor, XRP’s price is expected to rise above $20.
“Don’t lose hope. We will get there. We are strong together. They are trying to break us, but we will prevail. Keep the faith, XRP family,” Amonyx added.
StratoVM (SVM) Is Heating Up As Bitcoin's DeFi Ecosystem Booms
StratoVM (SVM) is a new Bitcoin Layer-2 blockchain that is bringing smart contracts, meme coins, AI, and DeFi to the Bitcoin network.
Over the past month, its price has skyrocketed by 4,849.5%, now trading at $0.1363, according to CoinGecko.
StratoVM price chart over the past 30 days. Source: CoinGecko
With its mainnet launch fast approaching, StratoVM is at a critical turning point.
To put its potential into perspective, CoreDAO—another Bitcoin Layer-2—currently has a fully diluted valuation (FDV) of $990 million, while StratoVM sits at $2 million.
If more users and developers start using StratoVM, there could be significant room for growth from here.
The Bitcoin DeFi (BTCFi) space has also been expanding rapidly. According to DeFiLlama, the total value locked (TVL) in Bitcoin DeFi went from $307 million in January 2024 to $6.6 billion by February 2025.
This surge shows that more people are interested in DeFi protocols built on Bitcoin, which could benefit StratoVM as it launches its mainnet and integrates with existing BTC chains.
The project has also gained exposure from a recent Uniswap listing and has secured over 50 partnerships, with rumors circulating about a potential listing on a centralized exchange (CEX).
StratoVM's community is also expanding quickly, boasting nearly 100,000 followers across Twitter and Telegram.
Moreover, its testnet has already handled over 113,312 wallets and more than 56,200 daily transactions.
As Bitcoin continues to transform from just "digital gold," StratoVM might help shape the future of BTCFi.
If the project succeeds, it may change how Bitcoin holders interact with DeFi and encourage even more adoption across the ecosystem.
The post Legal Expert Claims SEC Is Appealing Judge Torres Ruling Despite No Chance Of Winning, StratoVM Price Surges 4,849% in 30 Days appeared first on TokenPost.web3.
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