As Trump Appoints New SEC Chairman, Altcoins Soar
Ripple’s XRP has once again become the center of attention as political and market shifts make waves in the crypto space. With Trump naming a new SEC chairman, many are speculating whether this change in leadership could bring regulatory clarity and open new doors for Ripple. XRP’s recent price action and the broader altcoin rally are also fueling the hype, with some wondering whether the token could see a 5x surge.
Meanwhile, JetBolt has emerged as another altcoin gaining traction during this rally. With over 100 million tokens sold, it is showing strong momentum backed by gas-free transactions, instant finality, and easy-to-use staking features.
As new players like JetBolt continue to innovate, competition in the altcoin space is getting fiercer, putting pressure on established tokens like XRP to maintain their position.
New SEC Chairman: A Turning Point for Ripple?
Ripple’s battle with the SEC has been a major part of its story so far. Earlier this year, a court ruled that XRP sales on exchanges are not securities, but full regulatory clarity remains elusive. Now, with Trump appointing Paul Atkins — a known advocate of lighter regulation — as the next SEC chairman, things could get interesting. A pro-crypto leader like Atkins could finally give Ripple and XRP the clarity they need.
Some believe Ripple could secure more partnerships and attract institutional interest in its cross-border payments solutions under Atkins’s leadership, but it all depends on how quickly and decisively the new leadership addresses these long-standing regulatory questions.
XRP Price Prediction: Can Ripple Lab’s Token Really 5x?
For XRP to reach $11.70 — a five-fold increase from its current price of $2.34 — it will need a boost in regulatory clarity, stronger adoption, and increased network activity. However, recent data shows that XRP payment volume has fallen sharply from 31.2 billion transactions to 900 million, suggesting a decline in usage or interest.