Ripple’s XRP is making waves, with a remarkable 18% rise so far this year, outshining most of the top-ten altcoins. This surge has catapulted XRP’s market capitalization past $140 billion, positioning it as the third largest cryptocurrency after Bitcoin and Ethereum.
Ripple’s CEO, Brad Garlinghouse, attributes much of this momentum to the political landscape, particularly the influence of Donald Trump. In a recent post on X, he expressed optimism, stating that Trump’s electoral success has had a positive effect on the broader cryptocurrency industry and on Ripple itself, especially as it signifies a potential shift in U.S. regulatory attitudes towards cryptocurrencies. Garlinghouse exuberantly declared, “2025 is here, and the Trump bull market is real. For Ripple, this is even more personal after Gensler’s SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.”
Garlinghouse also highlighted the vibrant growth Ripple has experienced over the last six weeks of 2024, securing more deals than in earlier periods, indicating a promising trajectory for the company.
Could a Ripple IPO be on the horizon in 2025? Crypto advocate John Deaton has hinted at this possibility, suggesting that Ripple might be listed on U.S. exchanges by the end of the year or in Q1 2026, depending on the decisions made by the incoming Chair of the Securities and Exchange Commission (SEC), Paul Atkins. Deaton remarked, “If Atkins is confirmed quickly, this could happen in the 1st quarter. But because Washington moves slowly, it will likely happen in the 2nd quarter.”
Adding to the optimism, Deaton speculated that the SEC may withdraw its appeal in the Ripple vs. SEC case. According to him, the reasoning is simple: the ruling by U.S. District Court Judge **Torres was very fact-specific and does not set a binding precedent. He stated, “Judge Torres made her ruling very FACT SPECIFIC and, thus, only applicable to the facts of the Ripple case, making the decision itself have very limited persuasive use.”
Deaton further remarked that appealing the Ripple ruling would be a misguided move, and he believes Paul Atkins will share this view. He didn’t hold back any feelings towards the current SEC leadership, labeling them as “Primma Donnas.”
Moreover, speculation about the resignation of current SEC Chair Gary Gensler on January 20 could add more positive momentum for XRP’s price in the upcoming months.
With the potential for new business opportunities, a possible IPO, and favorable regulatory shifts on the horizon, Ripple’s future looks increasingly bright. Investors are keeping a close eye on these developments, and many are hopeful that XRP will continue its upward trajectory. Exciting times lie ahead for Ripple and its investors!
