The long-running legal battle between Ripple and the SEC has finally come to an end, leaving XRP investors eagerly awaiting the SEC’s official statement. While the lawsuit’s conclusion may seem like a victory for Ripple, a peculiar trend has emerged in its aftermath. Despite the high hopes of a post-lawsuit price surge, XRP’s global search interest has dropped significantly, leading some to question whether the SEC’s involvement was actually boosting XRP’s popularity.

The Ripple vs. SEC Lawsuit: What’s Next?

With the lawsuit officially wrapped up, there’s one key element still missing: the SEC’s formal statement. In past cases, such as with Kraken and Cumberland, the SEC issued official confirmations and statements shortly after the legal proceedings ended. Ripple’s case is expected to follow the same pattern, and attorney Fred Rispoli predicts the SEC will provide an update within the next 60 days.

But despite the lawsuit’s conclusion, the question remains: how will XRP’s price respond now that the legal cloud has lifted? Many investors were anticipating a massive price rally, with some even predicting a $10 surge, given the emotional rollercoaster of the prolonged legal battle. Historically, XRP’s price has shown sensitivity to key events, including Trump’s election, so it was logical for investors to expect a similar catalyst from this case’s resolution.

SEC Silence: The Unseen Factor Affecting XRP’s Sentiment?

In a surprising turn, the post-lawsuit landscape for XRP hasn’t been as bullish as many had anticipated. One factor that stands out is the sharp drop in global search interest for XRP. According to Google Trends, XRP’s global search interest has plummeted to a new low of 16, a far cry from the 100 it reached in January when the deadline for Ripple’s appeal was looming. The peak in January also coincided with a 5% price rally for XRP, suggesting that the growing public awareness around the lawsuit was driving some of the asset’s momentum.

Could it be that the SEC’s constant attention and public discourse around the legal case were unintentionally keeping XRP in the public eye? With SEC Chair Gary Gensler’s frequent comments and high-profile lawyers entering the case, XRP became a hot topic on social media platforms. The discussions surrounding the lawsuit helped keep XRP in the spotlight, driving interest and engagement in the asset.

However, now that the lawsuit is over, the chatter has begun to die down, and so has the search interest. Without the constant media coverage or the looming legal drama, XRP seems to have lost some of its social traction.

Is This the End of XRP’s Hype?

The drop in search interest raises an interesting question: Was the SEC’s involvement a double-edged sword for XRP? While the regulatory scrutiny no doubt posed challenges for Ripple, it also generated significant attention and discourse around the cryptocurrency. The lawsuit’s conclusion may signal the end of the legal drama, but it has also led to a lull in the public conversation about XRP.

The current drop in search interest and social buzz may feel like a temporary dip. However, many investors are waiting for the SEC’s official statement to understand its implications for XRP’s future. Will it fuel a renewed rally, or will the silence from the SEC and the fading attention mean the end of the XRP hype for now?

Time will tell whether this is just the calm before the next wave of activity or if the lawsuit’s resolution marks the final nail in the coffin for XRP’s social sentiment. What’s certain is that XRP’s future will continue to be shaped by the SEC’s decisions, Ripple’s next moves, and the ever-changing sentiment in the crypto space.