XRP Price Could Rally Mid-August if SEC Drops Appeal

Tech founder Vincent Van Code just made a bold prediction about XRP – he thinks we could see the price take off in mid-August if the SEC drops its appeal against Ripple. And there's been growing talk about the SEC possibly doing exactly that.

What makes this interesting? Van Code says dropping the appeal could unlock hundreds of partnerships stuck under about 1,700 non-disclosure agreements. That's a ton of business waiting on the sidelines.

In his X post, he was pretty direct: "XRP price will no doubt go up mid mid-August if SEC formally files appeal dismissal. Then, potentially we see 100s of existing 1,700 NDA companies coming out."

He's also eyeing institutional catalysts like ETF approvals and big companies jumping in. Ripple's recent partnership with BNY Mellon for RLUSD custody shows this institutional adoption is already happening.

When someone suggested the delays were intentional to keep XRP's price down, Van Code responded that Ripple already paid the penalty into escrow – it gets released once both sides drop their appeals.

XRP Legal Drama Coming to an End?

Right now XRP is trading sideways after hitting a new all-time high. But if the SEC drops its appeal and approves those XRP ETF applications, things could get interesting fast.

Van Code mentioned that major players are already building on XRPL but staying quiet until the legal stuff clears up. Once that happens, we might see a flood of announcements.

The big date is August 15. Back in June, both Ripple and the SEC asked to pause everything until then. For XRP holders, this feels like the final countdown.

XRP August 15: What to Expect

Former SEC lawyer Marc Fagel wants everyone to manage expectations. August 15 isn't a magic deadline – it's just when both sides update the court on the appeal status.

Fagel also shot down rumors about reducing Ripple's $125 million penalty to $50 million, saying the court already decided on that amount.

Australian lawyer Bill Morgan added that the SEC doesn't have to withdraw anything by August 15. They could even ask for more time.

Still, there's momentum building that August could finally resolve this mess. Van Code's prediction taps into what many investors feel – once the uncertainty disappears, XRP could really take off.

Whether his mid-August timeline is accurate remains to be seen, but between potential partnerships, institutional adoption, and ETF approvals, August could be a very interesting month for XRP.