TLDR
- Tech founder Vincent Van Code predicted a potential XRP rally in mid-August.
- He stated that a formal SEC appeal dismissal could trigger the rally.
- Over 1,700 NDA-bound partnerships may be revealed following legal clarity.
- Ripple’s custody deal with BNY Mellon signals growing institutional interest.
- ETF approvals for XRP could further boost the token’s market activity.
The price of XRP may witness a surge in mid-August, following recent developments in the Ripple-SEC legal battle. Tech founder Vincent Van Code has forecasted a price rally if the SEC dismisses its appeal against Ripple. Market activity and legal filings suggest August 15 could become a pivotal date in the ongoing case.
Ripple and the SEC filed a joint status report in June, requesting to pause the appeal process until August 15. The pause has sparked speculation among investors and analysts regarding a potential appeal withdrawal. Meanwhile, XRP continues to trade sideways after reaching a new all-time high in July.
Van Code believes the SEC’s dismissal could reveal hundreds of undisclosed partnerships tied to over 1,700 NDAs signed by Ripple. This revelation may drive institutional adoption, especially with the legal uncertainty nearing a possible conclusion. As a result, the XRP community anticipates significant developments next month.
XRP Could Benefit from Institutional Catalysts
Vincent Van Code emphasized that institutional growth could accompany a legal resolution in the Ripple-SEC case. Ripple’s recent deal with BNY Mellon to custody RLUSD reserves supports this outlook. Institutional involvement may improve liquidity and enhance XRP’s overall market strength.
XRP price will no doubt go up mid August if SEC formally files appeal dismissal. Then potentially we see 100s of existing 1,700 NDA companies coming out.
And potentially ETFs bring approved and more filings by the bigger boys. https://t.co/C6LwtLVVpx
— Vincent Van Code (@vincent_vancode) July 29, 2025
Alongside custody services, ETF filings involving XRP remain under review and may gain approval if legal clarity is achieved. Market analysts expect that such approvals could lead to higher trade volumes and increased investor confidence. This combination of events positions XRP to benefit from broader institutional support.
Large firms have already started working with XRPL, though many remain under NDAs pending complete legal clarity. A dismissal from the SEC could prompt public announcements, revealing long-term interest in Ripple’s blockchain solutions. These developments may validate XRP’s position in the evolving digital asset space.
XRP Price Tied to Appeal Status and August Filings
XRP’s short-term performance may depend heavily on the SEC’s decision to continue or dismiss its appeal by mid-August. Though August 15 is not a deadline, both parties must update the court on the appeal’s status. Former SEC lawyer Marc Fagel clarified that the court imposed a $125 million penalty on Ripple.
According to legal sources, rumors of a reduced $50 million fine are inconsistent with the court’s prior ruling. Bill Morgan, an Australian lawyer, added that the SEC could still seek more time. This means a final decision may not arrive immediately, but the market is preparing regardless.
