Expert Says This New SEC Action Is Massively Bullish for XRP

Financial expert Levi has described the U.S. Securities and Exchange Commission’s latest crypto guidance as a major development for the industry, while also calling the update “massively bullish for crypto and $XRP.” His comments followed the SEC’s September 25, 2026 release of updated guidance and FAQs covering several areas of the digital asset market.

The document builds directly on the landmark March Interpretive Release, which the SEC issued jointly with the CFTC and explicitly classified XRP as a digital commodity.

Levi reacted strongly to the development on X, writing, “BIG WIN FOR CRYPTO!!” He then pointed to the SEC’s clarification of how securities laws apply to certain crypto activities and concluded that the update could benefit both the wider industry and XRP.

The SEC’s Division of Corporation Finance issued the material to provide additional information about crypto assets and transactions. However, the agency also made clear that the document represents staff views rather than new binding regulations.

SEC Clarifies Rules Around Functional Networks

The September 25 guidance addresses crypto networks that have become fully functional. SEC staff explained that routine activities involving the security, maintenance, operation, or improvement of a functional network do not automatically qualify as the essential managerial efforts relevant to an investment-contract analysis under the Howey framework.