John Deaton: On Behalf of 75,000 XRP Holders, It’s About Time

In a moment that reflects both vindication and momentum, prominent crypto attorney John Deaton took to X to celebrate XRP’s resurgence. Reacting to a post by Arrington Capital founder Michael Arrington, who wrote, “XRP is just showing off at this point,” Deaton replied: “After being held down for 4 years, on behalf of 75K XRP holders, it’s about time!” Deaton’s comment isn’t just a passing remark; it echoes years of legal struggle, retail frustration, and the fight for fair treatment under U.S. securities law. A Four-Year Battle Comes to Fruition The U.S. Securities and Exchange Commission (SEC) sued Ripple Labs in December 2020, alleging that the company conducted an unregistered securities offering by selling XRP. The lawsuit immediately triggered massive losses for retail investors, as XRP was delisted from major exchanges and its price crashed. After being held down for 4 years – on behalf of 75K XRP holders – it’s about time! https://t.co/poHkmj2f6M — John E Deaton (@JohnEDeaton1) July 18, 2025 In response, John Deaton, founder of CryptoLaw, filed an amicus brief on behalf of more than 75,000 XRP holders from over 140 countries, a legal action that became a central pillar in Ripple’s defense. Deaton argued that the SEC failed to distinguish between Ripple’s institutional sales and the secondary market activity of everyday XRP holders. The legal tide turned in July 2023 when Judge Analisa Torres ruled that XRP, when sold on public exchanges, does not constitute a security, a decision widely seen as a landmark victory for the crypto community. While Ripple was still found liable for some institutional sales, the verdict delivered long-sought clarity for retail users. XRP Price Breaks Free After years of legal uncertainty, XRP is finally surging. As of July 18, 2025, XRP is trading at approximately $3.60, representing a 20% increase in 24 hours. The token is nearing its all-time high of $3.84 recorded in early 2018, though some analysts and Ripple’s CTO have clarified that the figure was largely illiquid. Open interest in XRP futures has exceeded $10 billion, indicating strong institutional and speculative demand. Analysts forecast an imminent rally toward $4.00, with bullish sentiment targeting $4.47 in the medium term. Some projections even place XRP between $5 and $10 by early 2026, depending on institutional adoption and broader market trends. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Institutional Confidence and ETF Breakthrough The XRP market is further bolstered by recent developments in financial infrastructure. Most notably, the launch of a ProShares XRP ETF has opened the doors for institutional investors to gain regulated exposure to XRP. Deaton highlighted the ETF approval as a direct result of the legal clarity that 75,000 XRP holders fought to establish. This ETF debut is more than symbolic; it signals Wall Street’s increasing comfort with XRP and further legitimizes it as a long-term digital asset. A Symbolic Victory for the XRP Army For Deaton and the tens of thousands of XRP holders he represented, this moment is deeply meaningful. It validates the years-long campaign against regulatory overreach and highlights the power of organized retail advocacy. “After being held down for 4 years, on behalf of 75K XRP holders, it’s about time,” Deaton wrote. And indeed, with XRP finally unshackled, surging in price, and gaining institutional legitimacy, it seems that the time has arrived. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post John Deaton: On Behalf of 75,000 XRP Holders, It’s About Time appeared first on Times Tabloid .

Source: TimesTabloid