Brad Garlinghouse, CEO of Ripple, recently had dinner with Donald Trump. This notable development has increased the excitement around XRP in 2025. The CEO shared a picture on X showing himself, Ripple Chief Legal Officer (CLO) Stuart Alderoty, and Donald Trump following their dinner.
Great dinner last night with @realDonaldTrump & @s_alderoty.
Strong start to 2025! pic.twitter.com/UjM6lahUG4
— Brad Garlinghouse (@bgarlinghouse) January 8, 2025
The meeting is pivotal for Ripple and the broader cryptocurrency industry. Trump won a historic election in November 2024, and the excitement following his victory sent the crypto market to new heights. Bitcoin reached an all-time high above $108,000, and XRP climbed to its highest since 2018.
Garlinghouse met with Trump shortly after his victory, and this new meeting suggests big things could be coming for Ripple and XRP in 2025. According to Garlinghouse, this is a “Strong start to 2025!”
Potential Effects of a Trump Presidency on XRP
January 20, 2025, marks Donald Trump’s inauguration as the 47th President of the U.S. Known for his pro-crypto stance, Trump’s administration is expected to usher in regulatory changes that could benefit Ripple and other digital asset companies.
Notably, Gary Gensler, the outgoing Chair of the Securities and Exchange Commission (SEC), will resign on the same day. His tenure has been marked by contentious litigation against Ripple and many other blockchain companies, stifling innovation and holding back the crypto market.
Notably, the last time XRP hit an all-time high was during Trump’s last presidency, and 2025 could be the year it achieves this notable feat again.
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Trump Already Making Progress With Crypto
In late 2024, Trump nominated Paul Atkins as Gensler’s successor. Atkins is a well-known crypto-friendly figure and experts believe he will steer the SEC in a more crypto-friendly direction. Many in the cryptocurrency community believe Atkins will prioritize regulatory clarity and potentially end the long-standing lawsuit against Ripple.
Trump has also nominated David Sacks as the AI and Crypto Czar for his administration, showing his administration’s focus on crypto advancement.
XRP in 2025
Market analysts are already forecasting a positive year for XRP, citing Trump’s pro-crypto policies and the anticipated leadership changes at the SEC. Many expect regulatory clarity to unlock new opportunities for Ripple and bolster investor confidence in XRP.
Investors are particularly optimistic about XRP’s potential to reach new price heights in 2025. Some analysts have set targets as high as $100, and the community is excited to see how high the asset can climb this year.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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