Seven years ago, the talented designer Eddie Lobanovskiy crafted the iconic XRP logo, a symbol widely recognized for its representation of scalability and speed in the cryptocurrency world. Fast forward to today, and Lobanovskiy has returned with a fresh creation: the XRP $ARMY logo. This new emblem is described by Lobanovskiy as “the helmet of courage, an unstoppable ‘X’ of strength,” embodying the resilience and power of the XRP Army. As Lobanovskiy passionately states, “The XRP Army is more than just a community—it’s a movement. We shall prevail.”
The Impact of the New XRP $ARMY Logo
The introduction of the XRP $ARMY logo has been met with enthusiasm and gratitude from XRP enthusiasts. One user expressed their admiration by saying, “Wow. I didn’t even know that you are behind the XRP logo. I was always a fan of your work, Eddie, but now you are officially one of my super top favorite artists.” Another supporter shared their excitement, stating, “I’m really proud of being part of the #XRPArmy movement. But now with the new logo… This is just the next level, thanks so much for this.”
The XRP Army’s Support for Ripple
The XRP Army has consistently stood by Ripple, particularly during its challenging legal battle with the SEC. In October this year, the community initiated a petition on Change.org, urging the SEC to drop its appeal in the ongoing case. This petition has garnered nearly 10,000 signatures, highlighting the widespread concern among Ripple supporters. They argue that the SEC’s legal actions are causing unnecessary instability in the market.
Ripple’s Legal Battle with the SEC: A Four-Year Journey
The petition underscores the four-year struggle Ripple has faced against the SEC, during which XRP supporters have tirelessly worked to uphold the company’s legitimacy. The XRP Army believes that the SEC’s actions contradict its mission of protecting investors and ensuring fair market practices.
Ripple Vs SEC: An Ongoing Saga
The legal confrontation between Ripple and the SEC commenced in December 2020, when the SEC accused Ripple Labs of selling XRP as an unregistered security—a claim that Ripple firmly denies. In the latest developments, the SEC is required to file its appeal-related opening brief by January 15, just days before Chair Gary Gensler’s departure from the agency. His successor, Paul Atkins, a former SEC commissioner, is known for advocating more lenient regulation, particularly in the crypto space.
With Gensler’s imminent exit, there is speculation that he may attempt to settle significant cases, such as Ripple’s, before his departure. However, it remains uncertain whether such a resolution will occur.
