XRP Surges Amid ETF Optimism and Trump Meeting, Suggesting Potential Growth in 2025
The post XRP Surges Amid ETF Optimism and Trump Meeting, Suggesting Potential Growth in 2025 appeared on BitcoinEthereumNews.com.
XRP has shown remarkable performance, outpacing Bitcoin after key discussions about the future of cryptocurrency ETFs with President-elect Trump. Ripple executives, including President Monica Long, have expressed strong optimism about the imminent approval of XRP ETFs, potentially boosting market confidence. According to Ripple CEO Brad Garlinghouse, the approval of an XRP ETF is seen as an “inevitable” milestone, echoing sentiments from a recent meeting with Donald Trump. Discover how XRP’s recent surge is linked to upcoming ETF approvals and a pivotal meeting with Donald Trump, making waves in the crypto market. XRP Surges Amid ETF Optimism and Political Engagement In the ever-evolving landscape of cryptocurrency, XRP has claimed the spotlight by outperforming major coins such as Bitcoin and Ethereum in the last 24 hours. Ripple executives recently engaged in high-level discussions with President-elect Donald Trump, centering on the future of crypto ETFs. This significant development has propelled XRP’s price to $2.32, marking a 4% increase against the backdrop of Bitcoin and Ethereum’s modest gains of less than 1%. Ripple’s Strategic Positioning for ETF Approvals Ripple President Monica Long conveyed her optimism regarding the potential launch of an XRP ETF, which she believes is “likely to be next in line after Bitcoin and Ethereum.” This statement comes on the heels of the approval of U.S. spot ETFs for Bitcoin and Ethereum, setting a precedent that could benefit XRP. The ongoing discussions and speculative nature surrounding XRP ETFs have undeniably contributed to the token’s recent price movements. CEO Garlinghouse’s Meeting with Trump Fuels Market Speculation Ripple CEO Brad Garlinghouse‘s recent dinner with Donald Trump, shared on social media, has stirred excitement within the crypto community. Garlinghouse described the dinner as a “strong start to 2025,” suggesting a potential alignment between Ripple’s interests and the new administration’s stance on cryptocurrency regulation. The intersection…
Filed under: News - @ January 9, 2025 10:17 pm