XRP tokenholders significantly influenced Ripple Labs’ victory against the US SEC, culminating in a decision announced in August 2023 where both parties dropped appeals after the court declared that not all XRP tokens are considered securities. Attorney John Deaton emphasized that the grassroots efforts of the XRP Army were crucial, providing evidence and insight that highlighted the case’s broader implications. Ripple's vice president, Deborah McCrimmon, noted that the XRP Army's contributions, including research and social media mobilization, played a key role in supporting Ripple's fair notice defense against the SEC's claim. Judge Analisa Torres referenced affidavits from XRP holders in her ruling, reinforcing the notion that the collective efforts of individuals can lead to impactful change. Post-ruling, XRP's price experienced volatility, initially rising sharply before settling at $2.85 after establishing a new all-time high of $3.65 in July 2023. Deaton's argument is clear: the organized community could alter the narrative and outcome of such regulatory disputes.

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