XRP Sees Abnormally Bullish Sentiment Despite Ripple v. SEC Setback

Even though there has been a legal setback in the SEC vs. Ripple case, XRP has become a bit of a surprise winner on crypto social media. While Bitcoin and Ethereum saw a dip in sentiment alongside price, XRP's bullish-to-bearish comment ratio surged to 2.1:1 — the highest in over two weeks.

The spike comes after U.S. District Judge Torres's decision on June 26 to reject a joint motion from Ripple and the SEC to make the final settlement process quicker.

That legal push was supposed to get things moving toward a $50 million resolution and bring the yearslong dispute to a close. But the court's decision not to move forward without clearer legal grounds just puts the case back into limbo

Judge Torres was pretty clear that the court will not just "cancel its prior ruling" because both sides now want closure — unless legal standards are actually met. This means the proposed shortcut is blocked and the appeals continue.

Source: SantimentBut the XRP community seems undeterred — even energised. According to data from Santiment, XRP's social channels have the most bullish messages relative to bearish ones in over 17 days.

This emotional divide is really noticeable as BTC and ETH both have a dip in sentiment. It also seems to be happening at the same time as a small price increase, which could be making the crowd more optimistic.

Whether the feeling is justified or just retailers getting fed up and hoping for the best, only time will tell. Right now, it looks like XRP traders are more focused on the idea that ongoing legal clarity is still a step toward validation, even if it is delayed.