XRP Could Soar as Trump Takes Office and US Crypto Reforms

• Ripple and XRP: Benefits from Trump's inauguration.
• SEC Actions: They indicate a favorable scenario for cryptocurrencies.
• Partnerships and forecasts: They raise optimism around XRP.

The cryptocurrency market is gearing up for Donald Trump’s inauguration on January 20, 2025, an event that could trigger a wave of optimism and appreciation, particularly for Ripple (XRP). The incoming administration has promised favorable measures for the sector, generating high expectations among investors.

At the time of publication, the price of XRP was quoted at $2,26 with a drop of 2.5% in the last 24 hours.

Ripple (XRP) is already showing signs of recovery, with a surge of more than 300% since Trump’s election in November 2024. The digital currency, previously plagued by years of litigation with the SEC, could benefit from the departure of Gary Gensler as head of the agency and the arrival of crypto advocate Paul Atkins. These factors create a promising environment for the resolution of the legal case and pave the way for the launch of new products, such as a possible XRP ETF.

Ripple CEO Brad Garlinghouse highlighted the positive impact of the new administration in a recent blog post. He emphasized that the “Trump effect” has already resulted in more partnerships in the United States in the final weeks of 2024 than in the previous six months. Garlinghouse also revealed that 75% of Ripple’s job openings are now in the U.S., a direct reflection of the favorable environment.

Great dinner last night with @realDonaldTrump @s_alderoty .

Strong start to 2025! pic.twitter.com/UjM6lahUG4

— Brad Garlinghouse (@bgarlinghouse) January 8, 2025

Additionally, Ripple has entered into a strategic partnership with Chainlink to implement blockchain oracles on the RLUSD stablecoin, expanding its functionality and security. XRP, which has already reached $2,40, is on analysts’ radar, with bullish predictions pointing to a significant surge in 2025, possibly reaching new all-time highs.

While the momentum is optimistic, technical analysts warn of critical support and resistance levels. XRP needs to break above the $2,60 range to confirm a solid uptrend, while a move below $2 could weaken the current momentum.

As the presidential inauguration approaches, the market is closely watching how Trump’s pro-crypto policies could influence Ripple and other cryptocurrencies, potentially marking 2025 as a breakthrough year for the sector.