Deaton – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 03 Sep 2025 16:38:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Deaton – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 XRP Army Helped Sway SEC vs Ripple Case, Says Deaton https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/ https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/#respond Wed, 03 Sep 2025 16:38:45 +0000 https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/

TL;DR 

  • Judge Torres cited XRP holder affidavits, the amicus brief, and Deaton’s oral argument in the final decision.
  • Ripple’s legal team recognized the XRP community’s support and organized legal and public campaigns.

Deaton Cites XRP Holder Input in Court Ruling

Attorney John E. Deaton has pointed to direct involvement from XRP holders as a factor in the SEC vs Ripple case. In a recent post, he stated, 

“No credible person can argue that the XRP Army didn’t make a difference in the Ripple case.” 

He referred to Judge Analisa Torres’s decision, which cited his amicus brief, XRP holder affidavits, and a prior oral argument in the LBRY case.

Deaton noted that while over 2,000 exhibits were submitted, the judge only referenced a small number, some of which included materials from XRP holders. He said that without these citations, the role of the community could have been debated, but added, “The proof is in the decision itself.”

Ripple Legal Team Acknowledges Community Efforts

Ripple’s Deputy General Counsel, Deborah McCrimmon, acknowledged the coordination behind the scenes, saying the case was influenced by a broad effort that included the XRP community. Deaton had mobilized more than 75,000 XRP holders to submit statements and affidavits in support of Ripple’s legal position.

Alongside legal efforts, the XRP community maintained public focus on the case, organizing campaigns and petitions aimed at regulators. The long-running lawsuit saw its conclusion move closer after both sides agreed to a $50 million settlement, with final approval recently confirmed by the Second Circuit.

Meanwhile, XRP’s price traded at $2.85, with a 3% gain in the last 24 hours and a 5% drop over the past week. Some in the community have raised concerns about slow growth in on-chain activity and total value locked (TVL). One user wrote, 

“OK but now we need the big guns to lift the price up apparently.”

However, projects like Doppler and Flare aim to increase XRP’s real-world use. The focus now shifts to whether utility follows legal clarity.

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]]> https://earlybirdsinvest.com/xrp-army-helped-sway-sec-vs-ripple-case-says-deaton/feed/ 0 56581 [LIVE] XRP Price Prediction: John Deaton Says $100B Ripple Valuation Is Possible – Here’s What That Means for XRP https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/ https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/#respond Wed, 25 Jun 2025 17:26:53 +0000 https://earlybirdsinvest.com/live-xrp-price-prediction-john-deaton-says-100b-ripple-valuation-is-possible-heres-what-that-means-for-xrp/

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The XRP price (XRP) has managed to remain green in the past 7 days despite the volatility introduced by the war between Iran and Israel.

The token has managed to stay above its $2 psychological support after briefly dropping below that level during the weekend.

This week, attorney John Deaton, a well-known supporter of Ripple who recently lost his bid for the U.S. Senate against Elizabeth Warren, commented that the blockchain company should take advantage of the positive environment in which cryptos are in to launch its initial public offering (IPO).

Leveraging the success of Circle’s IPO, Deaton believes that the market could value Ripple at as much as $100 billion.

“If @circle can hit a 62B-75B market cap then @Ripple, with nearly 40B XRP, currently valued at $2 (ie $80B), could certainly hit a $100B market cap in this environment,” Deaton asserted in an X post.

If Ripple does agree with his view, this would support a bullish XRP price prediction as it would contribute to raising the public’s awareness about the project and could further solidify Ripple’s bid to become the preferred cross-border payment platforms for global enterprises.

XRP Price Prediction: XRP Forms Bullish Pattern That Anticipates a Retest of Its Recent Highs

Looking at the 12-hour chart for XRP we can see that the token has formed a bullish pennant pattern as a result of the long-standing consolidation phase that came after its November 2024 rally.

xrp price prediction

Ripple’s legal victories against the U.S. Securities and Exchange Commission (SEC) and a change in leadership at the agency propelled the price of XRP near its all-time high.

Pennant patterns like this favor the continuation of the uptrend that once pushed the token to those levels. Hence, if the price breaks out above the $2.5 area, we could witness a retest of the $3.4 level soon.

Momentum indicators in this lower time frame have been improving as the Relative Strength Index (RSI) moved above 50, meaning that the uptrend has been gaining strength.

The $2 mark seems to be the most relevant support to watch. Another bounce above this area could provide the necessary liquidity for a rally toward a new ATH.

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