Donald Trump will take on the presidential role on January 20, 2025. As he takes over the White House, it is essential to remember that the regime about to govern a new era for the U.S. is also a crypto-friendly regime. Trump's Bitcoin bias has become famous worldwide, and his collaboration with Musk has begun to create a wave of how the cryptocurrency sector is heading towards its boom. With Wisdom Tree recently filing for an XRP ETF, Ripple could soon witness monumental success as the crypto-friendly regime supports its ambitious flight.
Ripple's New Plans and Ambitions
Ripple is currently dominating the headlines for several reasons. The fact that this token can soar to $1.40 says a lot about its stance and its out-of-control attitude. This token has managed to hold strong while being immersed in the deepest layers of the bear market and has now emerged stronger than ever. Furthermore, now that Gensler is preparing to resign as chairman of the U.S. SEC, XRP's outlook for the market is becoming freer, driving this token to achieve new price levels at its own discretion.
While Gensler is the chairman of the U.S. Securities and Exchange Commission (SEC), XRP ETFs seem like a distant dream. Now, with the new 'crypto-friendly' regime taking over, it is very likely that this longstanding story will change, welcoming a new era for comprehensive cryptocurrency ETFs. Recently, another giant in the market, Wisdom Tree, filed for an XRP ETF, elevating the story to new heights.
So far, three major market entities, including Wisdom Tree, Canary, and Bitwise, have filed for an XRP ETF. This development is fueling hopes for a new era to take over the world. Additionally, the rumors of Brad Garlinghouse meeting with president-elect Donald Trump are also sparking a wave of new speculation, with XRP at the center of it all.
AI predicts the price of the token if the ETF is approved in January 2025
Trump is set to assume his presidential role on January 20, 2025. Immediately following his inauguration, the regime will change, bringing in those with a pro-crypto stance to power. At the same time, a new chairman of the U.S. SEC will be appointed, who may also hold a supportive view towards the cryptocurrency sector. If that happens, the likelihood is that these ETFs will finally receive their approval at that time. However, delays may also occur due to unforeseen market conditions.
Assuming this scenario plays out word for word. The AI platform predicts that XRP could surge to $2 and $3. Similarly, if the ETFs perform well in the market, it could push XRP to the desirable price of $5.