The recent leadership changes at the U.S. Securities and Exchange Commission (SEC) could potentially have positive implications for Ripple and its ongoing lawsuit with the SEC. With the new acting Chairman, Mark Uyeda, and the pending confirmation of Paul Atkins as the permanent chair, Ripple supporters believe there may be a more favorable approach towards cryptocurrencies. This could potentially lead to the approval of an XRP-based exchange-traded fund (ETF). Ripple has a history of supporting the Trump administration, and their advertisements in Washington have fueled speculation that XRP could have priority as a "Made in the U.S." altcoin. XRP's price has been performing well recently, although it experienced a slight dip following President Trump's inaugural speech, where he did not mention crypto. Overall, there are indications that XRP may experience a breakout and reach new all-time highs in the near future.
Content Editor ( coinedition.com )
- 2025-01-21
Ripple ($XRP) vs SEC: Price Predictions and Market Trends Explained
