- Vincent Van Code sees a potential XRP rally in mid-August if the SEC drops its appeal against Ripple.
- Ripple’s 1,700+ NDA partnerships and BNY Mellon custody deal hint at strong institutional interest.
- ETF approvals and legal clarity could trigger increased trading volume and long-term momentum for XRP.
There’s a lot of buzz building around XRP, and tech founder Vincent Van Code thinks mid-August might be the moment everything changes. He’s pointing to the SEC possibly dropping its appeal against Ripple as a major catalyst. If that happens, Van Code believes XRP could go flying. He even hinted that over 1,700 NDA-wrapped partnerships might finally see daylight if legal clarity is secured.
The SEC and Ripple already filed a joint request to pause the appeal process until August 15. That’s got the market watching the calendar closely. Even though XRP’s been moving sideways since its July high, anticipation is thick. A confirmed dismissal could open the floodgates on Ripple’s hidden institutional deals, giving XRP a much-needed jolt.
Institutions Warming Up to XRP’s Future
Van Code didn’t stop at the SEC drama—he also pointed to Ripple’s custody partnership with BNY Mellon as a strong sign of institutional trust. With BNY handling RLUSD reserves, it’s clear big players are gearing up behind the scenes. More legal clarity could mean more liquidity, more use cases, and overall stronger momentum.
And let’s not forget the ETF angle. XRP ETF applications are still in review, but a regulatory green light could ramp up market activity. If institutions feel like the risk is finally off the table, volume could spike fast. Many large companies are already building on XRPL—just quietly for now, under NDA. That could change real quick if the SEC backs off.
Mid-August Could Flip the Script
So what’s really gonna happen August 15? Well, it’s not a hard deadline, but both Ripple and the SEC have to give the court a status update on that day. It might not mean an immediate decision, but it could set the tone. Former SEC attorney Marc Fagel reminded everyone that Ripple’s penalty is locked in at $125 million, not the $50 million floating around in rumors.
Australian lawyer Bill Morgan added that the SEC might still ask for more time, which could stretch things out. But even without finality, the market seems to be pricing in something big. The vibe? XRP’s sitting on a coiled spring—waiting for one legal move to set it off.
