7-4-2025 – XRP holders find themselves confronting fresh uncertainty as two pivotal developments appear on the horizon.
A closed-door Securities and Exchange Commission (SEC) gathering, scheduled for 10 April, stands poised to potentially reshape the regulatory landscape. Despite Ripple Chief Executive Brad Garlinghouse’s earlier assertions regarding the SEC’s intentions to abandon their appeal, the regulatory body has maintained a conspicuous silence on the matter concerning programmatic XRP sales.
The forthcoming assembly presents an opportunity for key figures – Acting Chair Mark Uyeda, Crypto Task Force Head Hester Peirce, and Commissioner Caroline Cranshaw – to cast their votes on the Ripple appeal. The Republican majority’s stance against non-fraudulent enforcement actions suggests a withdrawal may be forthcoming.
Yet, questions persist. The SEC’s three-week period of silence stands in marked contrast to their handling of the Coinbase matter, where formal dismissal followed CEO Brian Armstrong’s announcement within seven days. A potential withdrawal could pave the way for American XRP-spot ETF markets, potentially catalysing institutional participation.
Trade tensions cast shadow
Beyond regulatory considerations, imminent trade policy developments warrant equal attention. The implementation of baseline tariffs by the Trump administration on 5 April, despite market volatility, signals unwavering commitment to protectionist measures.
The anticipated Wednesday announcement regarding additional US tariffs arrives amid escalating global trade tensions. With major economic powers – China, the European Union, and Japan – implementing retaliatory measures, risk assets face mounting pressure. The cryptocurrency sector’s correlation with traditional markets could influence its strategic reserve potential.
XRP’s trajectory since late January reveals a 39% decline, attributed to multiple factors: regulatory uncertainty surrounding the appeal withdrawal, exclusion from strategic reserve consideration, and mounting international trade friction.
