Ripple’s XRP Ruling a ‘Milestone Win’ for Crypto Industry, Says J.P. Morgan
The fight for regulatory clarity isn’t over yet, however, as the SEC will likely appeal the decision and continue to pursue similar cases in the future, analysts wrote.
The U.S. Southern District Court’s represents a milestone win for the crypto industry and provides legal clarity as to what does and doesn’t represent a security, banking giant J.P. Morgan wrote in a research note Friday.
“Large capital pools have been reticent to engage in the industry with unclear rules of the road, while the related overhang has also slowed innovation, adoption, and just overall crypto ecosystem valuation, in our opinion — accelerating as regulatory actions heated up over the past year,” analysts wrote.
“This ruling is undoubtedly a milestone win for the industry. It provides legal clarity and defense around what does and does not constitute a security, and that overall outcome is in favor of what many in the industry had been arguing,” they continued.
In a , a U.S. judge ruled that Ripple’s XRP token should not be considered a security if sold via an exchange or through programmatic sales.
, underpinning the importance this ruling has for the industry. Bitcoin () gained 3.6% on Thursday before retreating about 1.4% on Friday.
While Ripple’s win is certainly positive, J.P. Morgan also noted that this isn’t the end of the regulatory fight for the crypto industry, as the SEC can appeal the ruling and will also likely continue to pursue similar cases in the future.
“We do believe the industry has now established stronger ground for the time being which could affect ongoing cases, and also the pace of further litigation, but at a high level, we do not think the regulatory overhang simply disappears, it just lessens,” the note stated.
There are still many unanswered legal questions for the industry to operate to its full potential, the analysts continued, which is why it’s important to hear the tone and developments from lawmakers and regulators in Washington D.C.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SHM is live! Bullish or bearish? Join to share 3,360 SHM!

MYX Finance Hits Big: 30,296% Oversubscription on CEX Wallet, $51.31M Trading Volume, and Listed on Bitget

OBOL is live! Bullish or bearish? Join to share 4,800 OBOL!

VIPBitget VIP Weekly Research Insights
Real yield protocols are gaining traction as a resilient sector in the crypto market, enabling users to navigate both bull and bear cycles effectively. Unlike narrative-driven projects that rely on token sales, real yield projects generate actual protocol revenue and return value to the community through mechanisms like fee buybacks and token burns. These sustainable business models offer greater resilience across market cycles, making them well-suited for mid- to long-term allocations. Projects such as AAVE, JTO, JUP, and CAKE have established robust revenue frameworks, serving as leading examples across the EVM, Solana, and BSC ecosystems — and are well worth watching.

Trending news
MoreCrypto prices
More








