Despite calls for transparency, the findings remain unpublished. It is unclear whether the SEC will release it, wait until the Ripple case formally concludes, or keep the findings sealed.
John E. Deaton called on the media to pressure the agency into making the report public, stating:
“Maybe Laura and Unchained, CoinDesk, Cointelegraph, or Eleanor Terrett or other crypto media, can find out if the new SEC supports releasing the report.”
Making the findings public could underscore the SEC’s shift in approach to digital asset oversight and improve investor confidence.
XRP Price Outlook Hinges on SEC Activity
On Sunday, March 30, XRP snapped a five-day losing streak, rising 0.13% to close at $2.0922. XRP ended the week down 12.43% despite the SEC’s plans to withdraw its appeal, a potential settlement, and Ripple dropping its cross-appeal.
President Trump’s tariffs, hotter-than-expected US inflation numbers, and concerns about the global economy impacted risk assets, including cryptos. The total crypto market cap fell 4.99% to $2.63 trillion in the week ending March 30.
As attention turns to the OIG investigation, the formal resolution of the Ripple case remains critical for XRP’s outlook.
XRP’s price trend may hinge on:
- SEC vs. Ripple Court Filings: Final motions and withdrawal of injunctions could influence market sentiment.
- XRP-Spot ETF Prospects: With 18 XRP ETF applications under review, approval could lift XRP toward $3.5505. Delays may cap gains.
- Broader macro risks: Heightened trade tensions or US recession fears could drive XRP down to $1.7938. Reduced risk aversion may support a rebound toward $3.
