Professional XRP lawyers say excuses for SEC lawsuits won’t keep XRP prices down any more

For years, Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) has been at the heart of any XRP debate. Price slowdowns, hesitancy to adoption, and investor concerns often returned to lawsuits.

But according to Pro XRP lawyer Bill Morgan, the chapter will eventually close, and this time it’s time to move forward.

$125 million questions

The conversation reignited after Jake Krabber, CEO of Digital Ascension Group, raised a direct question on social media to renowned XRP lawyer James K. Philan. He asked if the $125 million fine imposed on Ripple by a judge had already been paid to the US Treasury Department.

In addition to being clear, retired securities attorney Mark Fagel responded that the payment was actually made on August 18th, confirming that Ripple has already settled the penalty to the Treasury.

Bill Morgan: Excuse for the lawsuit: “Perform the course”

With Ripple paying a $125 million penalty and the lawsuit is over, the XRP low-price or slow adoption excuse will no longer be retained.

Bill Morgan then said, “Yes, the litigation excuse was undertaken because of an even more lack of XRP adoption and flat rate measures.”

His message was simple. The legal uncertainty often blames XRP stagnation cannot justify weak performance or slow adoption.

XRP prices fight despite positive moves

Even after the launch of the first US Spot XRP ETF and major regulatory victory, XRP is struggling to gain momentum. The token fell below $2.80, losing its market capitalization ranking, dropping from 3rd to 4th.

Nevertheless, adoption and ecosystem growth continues. Last month, gaming company Gummy established the XRP Treasury worth 2.5 billion yen ($17 million), indicating an increase in corporate profits.

Meanwhile, Flare Network launched a Stablecoin backed by XRP-backed Liquity V2, increasing the liquidity of Defi Use Case and Chain.

With the XRP lawsuit now over and the ecosystem still growing, new questions arise. If legal excuses are gone, what really holds back XRP?