Seven years ago, Eddie Lobanovskiy crafted the now-iconic XRP logo, a symbol that has come to represent the scalability and speed of the cryptocurrency. Today, Lobanovskiy is back with another innovative creation: the XRP $ARMY logo. He describes this new design as “the helmet of courage, an unstoppable ‘X’ of strength,” embodying the resilience and power of the XRP Army.
The Symbolism Behind the XRP $ARMY Logo
Lobanovskiy’s latest creation has been warmly received by the XRP community. He emphasizes that the XRP Army is “more than just a community—it’s a movement. We shall prevail.” His words resonate deeply with the passionate supporters of XRP, who see the logo as a representation of their collective strength and determination.
Enthusiasts have expressed their gratitude for Lobanovskiy’s work. One user shared, “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 echoed the sentiment, saying, “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: A Pillar of Support for Ripple
Throughout the ongoing legal challenges faced by Ripple Labs, the XRP Army has remained a steadfast supporter. Particularly during the intense SEC lawsuit, the community has rallied to defend Ripple. In October of this year, they took a significant step by launching a petition on Change.org, urging the SEC to withdraw its appeal in the Ripple case. The petition has garnered nearly 10,000 signatures, highlighting the community’s dedication to Ripple’s cause.
Ripple supporters argue that the SEC’s persistent legal actions are causing unnecessary market instability. The petition underscores the four-year battle with the SEC, during which Ripple’s legitimacy has been fiercely defended by its supporters. The XRP Army contends that the SEC’s actions contradict its mission of protecting investors and maintaining fair markets.
Ripple vs. SEC: An Ongoing Saga
The legal saga between Ripple and the SEC began in December 2020, when the SEC accused Ripple Labs of selling XRP as an unregistered security. Ripple has consistently denied these allegations. As the case unfolds, significant developments are on the horizon. The SEC is required to file its appeal-related opening brief by January 15, a date that coincides closely with the departure of Chair Gary Gensler from the agency.
With Gensler’s exit imminent, speculation surrounds his potential moves to resolve major cases like Ripple’s before his departure. Speculation is fueled further by the appointment of his successor, Paul Atkins, a former SEC commissioner known for advocating for more lenient regulatory approaches, particularly in the cryptocurrency sector. However, it remains uncertain whether a settlement will be reached.
The ongoing legal battle and the emergence of the new XRP $ARMY logo symbolize a pivotal moment in the evolution of the XRP community. As the movement continues to grow, the resilience and unity of the XRP Army remain steadfast, undeterred by external challenges and committed to their vision for the future of cryptocurrency.
