The XRP community is cheering on Ripple CEO Brad Garlinghouse for his bold leadership amid ongoing regulatory challenges.
With Ripple’s stablecoin RLUSD earning a nod from the SEC, Garlinghouse is proving to be an important figure in the crypto space. Praises from key industry voices like John E. Deaton only add to the intrigue. Deaton championed Garlinghouse as a strong contender for “Crypto CEO of the Year,” highlighting his resilience and vision during Ripple’s toughest moments.
Could 2025 be the best year for Ripple?
Ripple has been fighting a lengthy legal battle with the SEC, but many experts, including Deaton, are optimistic about the outcome. Deaton highlights the support from key SEC commissioners like Hester Peirce, Mark Uyeda, and Paul Atkins, who believe the SEC’s appeal should be dismissed.
If this happens, Ripple could finally gain the regulatory clarity it needs to operate more freely in the U.S. market, opening up new opportunities for growth.
Deaton predicts that 2025 could be a defining year for Ripple, especially if the SEC’s appeal is dismissed. Even critics like John Reed Stark agree this could be a positive turn for Ripple. With a pro-crypto administration and increasing bipartisan support for regulatory clarity, Ripple’s prospects in the U.S. look promising. Despite the ongoing legal battles, Ripple has shown remarkable resilience, achieving 95% of its business outside the U.S.
Ripple has continued to make bold moves despite the ongoing uncertainty. In January 2024, the company made a $285 million share buyback at an $11 billion valuation, showing confidence even in the face of legal challenges. With $1 billion in cash and 40 billion XRP held in escrow, Deaton speculates Ripple’s valuation could surpass $100 billion.
If the SEC appeal is dismissed, Ripple could be on track for an IPO by late 2025 or early 2026.
Want to stay ahead of the curve? Read our XRP price prediction and discover what the future holds for this rising cryptocurrency!
The potential win for Donald Trump could change the course of the Ripple-SEC case. Many predict that a new SEC commissioner could dismiss the case, which would benefit Ripple. The recent launch of RLUSD, just before the expected end of the Ripple vs. SEC lawsuit in January, suggests that Ripple is confident the case won’t drag on much longer.
However, despite this optimism, XRP has not seen the predicted price increase. The cryptocurrency dropped 12%, falling to $2.07. With the overall crypto market experiencing a downturn during the holiday season, it will be interesting to see when and how XRP reaches its target of $3.
XRP could be a good investment given Ripple’s strong leadership, solid financials, and potential regulatory clarity in 2025, which may boost growth. However, ongoing SEC challenges and market volatility present risks to consider.
XRP can reach a high of $3 or more if Ripple secures a favorable outcome in its legal battle with the SEC and gains regulatory clarity in the U.S. This, combined with Ripple’s strong financial position and potential IPO, could drive its growth.
Several technical indicators suggest the YTD correction for ADA price has already hit the bottom.…
XRP price is referred to as a sleeping giant, as the crypto has demonstrated some…
Chainlink price failed to breach a crucial resistance level above $15 in the recent mild…
Story Highlights The price of Dogecoin today is . Dogecoin price may reach a maximum…
Story Highlights The live price of the Cardano token is . ADA coin price could…
After the latest rise in the market sentiment, the top tokens like Bitcoin, Ethereum, and…
