Complete Gate Post tasks to upgrade your rank

Credit Ranking

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/1745406124Cryptoinsights.png)
Ever since the U.S. Securities and Exchange Commission (SEC) sued Ripple Labs in December 2020, <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP price</a> has been a barometer for every courtroom motion, judge’s ruling, and settlement rumor. Traders on Gate.io who follow “XRP price today,” “XRP <a href="/ja/price-prediction" target="_blank" class="blog_inner_link">price prediction</a>,” or “XRP market reaction to SEC news” know that the token can swing double‑digit percentages within minutes of fresh filings. This article breaks down the lawsuit, maps key rulings to market moves, and highlights what the next milestones may mean for <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP</a> price—and how Gate.io users can trade those moves efficiently.

##Why Did the SEC Sue Ripple—and Why Does It Matter?
In the SEC’s view, Ripple’s 2013–2020 sales of <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP</a> constituted unregistered securities offerings. Ripple counters that XRP is a utility token used for cross‑border payments, not a share of the company. The outcome matters because a court decision that XRP is (or is not) a security sets a precedent for scores of other tokens. That regulatory overhang is the single biggest variable in any <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP price</a> forecast.
Immediately after the complaint (22 Dec 2020), <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP price</a> collapsed from US $0.58 to $0.18, wiping nearly US $15 billion in market cap in four days. Several U.S. exchanges delisted or halted XRP trading—Gate.io, with a global user base, kept the pair active, providing vital liquidity when domestic venues paused.

##Timeline of Legal Milestones and Market Reactions
| Date (UTC)  | Court Action / Filing  | <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP Price</a> Reaction  | 24‑h Volume on Gate.io  |
| ------------ | ------------ | ------------ | ------------ |
|  Dec 22, 2020 | SEC complaint filed  |  ‑68 % in 72h | +430 % spike  |
| Mar 19, 2021  |  Judge grants Ripple access to SEC internal memos | +22 % intraday  | +150 %  |
|  Sep 29, 2021 | Court orders SEC to produce Hinman emails  |  +18 % weekly | +90 %  |
|  Jul 13 2023 |  Judge Torres rules programmatic sales ≠ securities | +96 % in 8h  |  7× normal |
| Oct 3 ,2023  |  SEC drops claims against CEOs |  +9 % in 24h |  +60 % |

Between filings, XRP price tends to drift with <a href="/ja/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> beta, but each docket entry can unleash volatility that dwarfs macro factors. The July 2023 partial victory—when programmatic exchange sales were deemed non‑securities—sent <a href="/ja/price/xrp-xrp" target="_blank" class="blog_inner_link">XRP price today</a> from US $0.47 to $0.92 before profit‑taking set in.

##Reading the Legal Tea Leaves: Three Scenarios

**1. Settlement Before Final Trial:** Probability ≈ 45 %Ripple pays a civil penalty; XRP continues to trade freely. Analysts at Kaiko project such clarity could add US $8 – 10 billion to XRP’s market cap, translating to a price target around $1.50. Gate.io’s perpetual futures open interest would likely surge as traders bet on upside.

**2. Ripple Wins Outright:**
Probability ≈ 25 %Court rules XRP sales never met the Howey test. This “moon” scenario could revisit the 2018 all‑time high (ATH) near $3.84, though liquidity constraints and new token supply from early unlocks may cap the rally. Watch Gate.io order‑book depth to gauge real buy‑side strength.

**3. SEC Prevails on Appeal:**
Probability ≈ 30 %XRP deemed a security; U.S. exchanges delist. Global venues such as Gate.io may continue listing, but U.S. volumes vanish. Historical stress tests suggest a drawdown to the $0.20–$0.25 zone, similar to the initial 2020 shock.

##On‑Chain & Derivatives Signals to Monitor

- Whale Address Activity – Large transfers to Gate.io hot wallets often precede event‑driven selling; use a block explorer alert.  

- Funding Rates – Positive rates on XRP‑USDT perpetuals imply bullish leverage; extremes > +0.2 % / 8h have predicted local tops.  

- Gate.io Spot vs. Futures Basis – A wide basis (> 1.5 %) ahead of hearing dates flags speculation, signaling possible “buy rumor, sell news” setups.

##Practical Hints: Trading XRP on Gate.io

1. Set Conditional Orders: Gate.io supports stop‑limit and OCO orders—crucial for catching breakouts while managing downside during headline spikes.  

2. Use Laddered Entries: Split bids around key fib levels (e.g., $0.50 / $0.45 / $0.40) to average into dips triggered by negative filings.  

3. Hedge with Perpetuals: If you hold spot XRP for long‑term utility, short a fraction on XRP‑USDT PERP when funding turns richly positive, offsetting downside risk.  

4. Track “XRP price today” Widget: Gate.io’s mobile app offers real‑time price tiles and push alerts tied to SEC docket updates.

##Beyond the Courtroom: Fundamentals Catching Up
While litigation grabs headlines, Ripple continues to expand On‑Demand Liquidity corridors, with recent pilots in Brazil and Singapore. If these integrations scale, <a href="/ja/price-prediction/xrp-xrp" target="_blank" class="blog_inner_link">XRP price prediction</a> 2026 models from Messari suggest utility‑driven demand could gradually decouple XRP from legal news cycles, shifting valuation toward network throughput metrics.

##Conclusion
The SEC vs Ripple saga exemplifies how legal uncertainty can overshadow fundamentals and make XRP price hypersensitive to courtroom minutiae. For Gate.io users, the key is preparedness: understand the probable legal paths, use robust risk tools, and stay glued to real‑time data. Whether settlement or verdict, one thing is clear—each docket drop is a trading opportunity waiting to unfold.
Ready to capitalize on the next headline? Log in to Gate.io, set your XRP alerts, and trade the news with confidence.


<div class="blog-details-info">
<div>Author: **Cinnie**, Gate.io Researcher
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. Investment involves risks and users need to make careful decisions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

简体中文

English

Tiếng Việt

Español

Русский язык

Français

ภาษาไทย

Indonesia

Deutsch

عربي

Português (Portugal]

Português (Brasil]

繁體中文

Українська

福利中心

小红花-Learn & Explore-博客

小红花-Learn & Explore-快讯

币圈-币圈-未来事件

小红花-Learn & Explore-聊天室

小红花-Learn & Explore-直播

小红花-Learn & Explore-动态

币圈

Gate OTC

芝麻金融-更多-财富管理

机构-APIs

机构-大宗交易服务

机构-经纪商项目

全球做市商计划

机构-托管和资产管理

机构借贷

机构-做市商项目

小红花-Promotions-机构和VIP服务

量化基金

机构-基础架构

机构-交易

机构-金融

结构化产品

机构-主页

衍生品-统一账户

芝麻金融-更多-抵押借币

vip服务

机构

策略跟单

现货跟单

交易-合约跟单

跟单

量化策略-探索

量化策略-进阶

量化策略-基础

交易-机器人广场

创建机器人

探索机器人

杠杆网格

无限网格

期现套利

组合指标策略

智能调仓

现货马丁格尔

合约网格

现货网格

交易机器人

芝麻金融-更多-ETH2.0挖矿

芝麻金融-更多-法币理财

链上赚币

芝麻金融-理财-双币宝

芝麻金融-理财-定期理财(屯币)

芝麻金融-理财-结构性理财

芝麻金融-理财-理财宝

芝麻金融-理财-余币宝

GT挖矿

芝麻金融-更多（理财产品）

芝麻金融-理财（打新）

launchpool

launchpad

赚币-HODLer Airdrop

candy_drop

web3 Airdrop

赚币

模拟交易

衍生品-期权

衍生品-交割合约

衍生品-永续合约

合约入门

合约活动

衍生品

交易-杠杆ETF

交易-杠杆交易

交易-闪兑

交易-现货交易

交易-创新交易

交易-交易工具

交易-交易类型

交易-盘前交易

交易

行情

买币-gateCard

卖币

买币-快捷交易

买币

买币-paywith

法币定投

小红花-推广

新手指南

活动中心

小红花-Learn & Explore-学院

小红花-Exchange-最新公告

小红花-Exchange-帮助中心

gate商店

小红花-Promotions-邀请计划

小红花-promotions-代理商

储备金

合作伙伴

cextg小程序

小红花

web3

SEC vs Ripple: How Does Legal News Impact XRP Price?

SEC vs Ripple: How Does Legal News Impact XRP Price?

SEC vs Ripple: How Does Legal News Impact XRP Price?