Designing a Symbol of Strength and Community
In a move that has captured the imagination of XRP enthusiasts worldwide, Eddie Lobanovskiy, the visionary designer behind the original XRP logo, has unveiled a new creation: the XRP $ARMY logo. This emblem is described as “the helmet of courage, an unstoppable ‘X’ of strength,” embodying the power and unity 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 reception from the XRP community has been overwhelmingly positive. Enthusiasts have expressed their admiration and gratitude for Lobanovskiy’s artistic contributions. One user exclaimed, “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 shared, “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
The XRP Army has been a steadfast supporter of Ripple, particularly during challenging times such as the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). This year, the community has taken proactive measures, including launching a petition on Change.org urging the SEC to halt its appeal in the case. The petition has garnered nearly 10,000 signatures, reflecting widespread concern over the SEC’s actions and their impact on market stability.
The petition highlights the prolonged four-year legal struggle with the SEC, during which Ripple supporters have tirelessly defended the company’s legitimacy. The XRP Army believes that the SEC’s actions contradict its mission to protect investors and ensure fair markets.
Ripple Vs SEC: An Ongoing Saga
The legal confrontation between Ripple Labs and the SEC began in December 2020 when the SEC alleged that Ripple had sold XRP as an unregistered security—a claim that Ripple firmly denies. As the saga unfolds, the SEC is required to submit its appeal-related opening brief by January 15, coinciding with the departure of SEC Chair Gary Gensler. His successor, Paul Atkins, a former SEC commissioner, is recognized for advocating more lenient regulatory approaches, particularly within the cryptocurrency sector.
With Gensler’s impending exit, there is speculation that he might attempt to resolve significant cases such as Ripple’s before his departure, though the outcome remains uncertain. The XRP community and industry observers alike are eagerly watching for any developments that may influence the future course of this high-profile case.