SEC expressed concerns about XRP's decentralization and stability if Ripple were to exit, suggesting potential implications on the network's long-term resilience.
Internal emails from 2021 revealed the SEC's worries about XRP's reliance on Ripple's support and its ability to survive independently compared to decentralized networks like Bitcoin.
XRP's market saw a 15% increase in active addresses following Ripple's legal victory, despite ongoing doubts about the token's foundation and sustainability among regulatory uncertainty.
Coinbase's FOIA request uncovered SEC communications reflecting doubts regarding Ripple's decentralization, although technical indicators showed a neutral-to-bullish outlook for XRP's price and market sentiment.