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SEC Email Reveals XRP Decentralization Concerns Amid Ripple Lawsuit

  • 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.

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