Potential rebound in XRP after SEC lawsuit: Is David Schwartz's influence a catalyst?
Source: CoinWorld
Time: 2025-09-10 03:45:16
In August 2025, Ripple's lawsuit with the U.S. Securities and Exchange Commission (SEC) was finally resolved, providing clear guidance for XRP's regulation to prevent it from being classified as securities in the secondary market. Ripple Chief Technology Officer David Schwartz advocates decentralized governance and vigorously promotes technical features such as custody and trust lines, which enhances the attractiveness of institutional investors. After the ruling, XRP's market cap reached $128 billion, thanks to ETF applications from ProShares and Grayscale, as well as companies such as Santander Bank and SBI Holdings for cross-border payments.