Something significant might be in the works for XRP as Ripple executives have met with U.S. president-elect Donald Trump.
Something Big, Rather V big cooking for $XRP, #Ripple. https://t.co/9J8qv7vu0F
— TheCryptoBasic (@thecryptobasic) January 8, 2025
In a tweet today, Ripple CEO Brad Garlinghouse confirmed having dinner with Trump. Stuart Alderoty, Ripple’s chief legal officer, was also present at the late-night event.
While the Ripple executives have kept the details of the crucial meeting with Trump under wraps, Garlinghouse gave the XRP Army a hint. Specifically, he disclosed that the development represents a “strong start” to the new year, 2025.
Great dinner last night with @realDonaldTrump & @s_alderoty.
Strong start to 2025! pic.twitter.com/UjM6lahUG4
— Brad Garlinghouse (@bgarlinghouse) January 8, 2025
XRP Army Excited, Says Road to $10 Now Open
The XRP community has been buzzing with excitement since the disclosure, estimating the pivotal significance of Ripple’s leadership meeting with pro-crypto President Trump. The development has attracted various commentaries and speculations on what’s next for XRP and Ripple.
Charles Hoskinson, founder of Cardano, commented, cheering the outcome and saying, “Nicely done, Brad.”
Widely followed XRP technical analyst Egrag remarked that XRP may now be ready for a “send to Valhalla,” a metaphor for a lofty price point for XRP.
Meanwhile, Edo Farina, CEO of Alpha Lions Academy, stated that Ripple’s executive meeting with incoming president Trump means XRP could play a key role in the American financial system.
XRP YouTuber Moon Lambo highlighted the significance of the Ripple executive meet-up with Trump for the broader crypto community. He suggested those who still have doubts about Trump’s campaign promises of making “crypto great again” can put those fears to rest.
Overall, many commentators acknowledged that the latest development could mark the start of XRP’s bull run for 2025, with big moves potentially brewing. Some have suggested it’s a “checkmate,” and “nothing is stopping” XRP from rallying to $10 anytime soon.
Crucial Events for XRP to Unfold Under the Trump Administration
Notably, XRP proponents expect the four-year-long-running Ripple lawsuit with the SEC to finally be put to rest.
Nothing Stopping $XRP to reach $10.
The picture below confirms the following:
Ripple’s lawsuit to end after Trump’s inauguration.
XRP ETFs to launch following Trump’s inauguration.
Ripple to launch its IPO after Trump’s inauguration.
Additionally, remember that… pic.twitter.com/XwVLs8rQZL
— TheCryptoBasic (@thecryptobasic) January 8, 2025
The suit is currently in an appeals phase. Legal experts have cited significant rationale for why the appeal will be dismissed soon after the new SEC chair, Paul Atkins, takes over leadership.
Furthermore, the XRP Army expects the launch of XRP ETFs under the Trump administration. Already, four applications are on the SEC’s desk, pending comments.
Additionally, many expect Ripple’s IPO to occur under the new U.S. administration. Ripple has been considering a U.S. IPO but previously shelved the idea due to regulatory challenges.
At one point, the company even considered an overseas IPO. With the anticipated favorable regulation, Ripple’s CEO has said its IPO plans will change.
The XRP community views Ripple’s IPO as an avenue to promote XRP to a broader audience, potentially propelling its price.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
