Brad Garlinghouse, CEO of Ripple, has expressed an optimistic outlook for XRP, sharing his perspective in a post that has energized the XRP community. Reflecting on Ripple’s protracted legal battle with the U.S. SEC, Garlinghouse acknowledged the support of the dedicated XRP community and highlighted the potential shift in the regulatory landscape, especially with the Trump administration expected to reshape crypto policies.
Ripple’s Legal Struggles with the SEC: A New Chapter?
Ripple’s journey has been defined by a four-year legal battle with the SEC, which Garlinghouse characterized as unjustly targeting Ripple and distorting market competition. He believes that the Trump administration, combined with a more crypto-supportive Senate, could mark a turning point. The potential replacement of senior SEC officials, including the chair, may pave the way for much-needed regulatory clarity that benefits Ripple and the broader crypto industry.
Paul Grewal, Chief Legal Officer at Coinbase, echoed Garlinghouse’s optimism, suggesting that new pro-crypto leadership could create a more favorable environment for Ripple’s case. Grewal anticipates a shift in the SEC’s approach that could reduce aggressive oversight and enable growth for Ripple and similar projects.
Positive Trends in XRP’s Market Performance
XRP’s recent market activity adds to the optimistic outlook for its holders. According to CoinGecko data, XRP has risen by 4.5% in the past 24 hours, trading at $0.5725. Over the last 30 days, XRP has gained 7%, including a 14% increase over the past week. This steady upward trend could accelerate if regulatory changes are introduced under the new administration.
Linda Jones, author of 3 Steps to Quantum Wealth, shared her optimism, applauding the XRP community’s resilience and hinting at the asset’s potential for future growth. Long-term XRP supporters, such as Stephanie Starr, are expressing renewed hope after enduring challenging market conditions.
Ripple’s Q4 Outlook: Potential for New Highs
Ripple’s Q3 report showed strong trading volumes, averaging between $600-$700 million daily on major exchanges like Binance, Upbit, and Bybit, which collectively accounted for over 65% of total trading activity. The XRP/BTC trading ratio climbed by 27% during a period when Bitcoin’s market dominance increased by 3%. The report also noted that XRP’s volatility peaked at 110% in early Q3 and later stabilized at around 60% by the quarter’s end.
Following a favorable court decision that confirmed XRP’s non-security status, its trading resumed on major U.S. exchanges like Coinbase. This has spurred renewed interest, with significant growth in trading volumes against both stablecoins and fiat pairs, with fiat trades comprising 14% of total volume.
Conclusion: Is XRP on the Brink of a Major Rally?
As Ripple anticipates regulatory changes and observes increased market activity, the XRP community remains hopeful about the token’s future trajectory. Should the pro-crypto policies of the Trump administration translate into clear and supportive regulatory measures, XRP could recover its previous highs and potentially reach new levels.
The anticipation of policy shifts, combined with the unwavering support of the XRP community, sets the stage for what could be a pivotal moment for XRP and the larger cryptocurrency market.