Will Ripple (XRP) Surge Now As Trump Assumes Presidency: Here's How
Ripple (XRP) is one of the most promising cryptocurrency tokens to ever exist. The token has borne the wrath of the US SEC for years, which pushed XRP to encounter new lows. The token has recently emerged victorious against the US SEC’s accusations and is demanding justice for the long haul. Ripple’s CEO Brad Garlinghouse has urged Trump to fire SEC chair Gary Gensler, a development that may very well push XRP to claim new highs in the long haul.
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Ripple (XRP) To Surge Soon? Here’s How It May Hit A New All-Time High
With Trump assuming the role of the 47th president of the US, a multitude of crypto hopes have been cashing under his name. Trump’s win has helped Bitcoin soar to new highs as the United States welcomes a pro-crypto president under its regime. This has significantly strengthened the prospects of the cryptocurrency domain, which may ultimately play a vital role in the next phase of US politics.
Similarly, Ripple CEO Brad Garlinghouse has shared a new checklist on X, dubbed as administration advice for Trump for his first 100 days as the president. Garlinghouse urged the president to fire Gary Gensler in an instant, without delays, to ensure the secure future of the cryptocurrency domain. If Trump removes SEC chair Gensler from his position, it may help XRP to claim new highs, ultimately hitting a new ATH in the process.
“.@realDonaldTrump, Congratulations! Some fodder for your first 100-day checklist to get things moving: Fire Gensler. Day 1, no delays. In his place, appoint Giancarlo, Brooks, or Gallagher—they’d be massive upgrades in rebuilding the rule of law (and reputation) at the SEC. Host a family dinner and get the Rs and Ds moving the digital asset market structure bill forward in the Senate. And last but not least, can we get some clarity…similar to XRP and BTC, that ETH is not security, right?!”
The Token’s Long-Term Price Forecast: Technical Analysis
If Trump manages to fire the US SEC chair, XRP could experience a massive hike, a surge in price that may help the token claim a new high price mark. Garlinghouse remarked how the future of crypto is bright now that Trump has assumed a presidential role.
” I’ve shared some thoughts on what the Trump administration could mean for crypto and wanted to also recognize the XRP family’s patience and unwavering support. A lot has happened since XRP was the 2nd most valuable digital asset. It’s been—at times—a frustrating journey.6 years since the SEC started meddling in the crypto market, picking winners and losers. 4 years since the SEC sued Ripple. And now, finally, we see a light at the end of the tunnel as these external (frankly unnatural and manipulative) market factors fade. The tides are shifting, headwinds are turning to tailwinds, and the opportunity for those of us who believe in the future for XRP is enormous!”
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As per Finders, XRP is due for a surge in the near future. The panel predicts the price of XRP to hit $0.66 first. The portal later shared $1.09 and $2.45 as additional price markers, which the token may claim in the years 2025 and 2030, respectively.
“Finder’s panel of fintech experts anticipates, on average, XRP will close 2024 at a price of 66 cents. Looking further ahead, on average, our panel estimates XRP’s value to hit US$1.05 by the end of 2025 and $2.49 by 2030.”
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