Ripple CEO Brad Garlinghouse recently met with President-elect Donald Trump at Mar-a-Lago, sparking optimism about the potential impact on XRP's price. This meeting could be considered one of the most bullish developments for Ripple and XRP, especially after their win against the US Securities and Exchange Commission (SEC) .
Garlinghouse expressed his enthusiasm about the meeting, stating that Trump's incoming administration is already "jumpstarting innovation and job growth" in the US. He also highlighted that 75% of Ripple's open roles are now based in the US, a significant shift from previous years when most hires were outside the country .
The meeting has led to predictions of a potential price surge for XRP, with some analysts forecasting targets of $3.36 and possibly even a new all-time high of $3.5 to $4.0 This optimism is fueled by Trump's perceived pro-crypto stance and the expected relaxation of regulations under his administration.
Other notable points from the meeting include:
- *Trump's Crypto Stance*: Garlinghouse believes Trump's effect on the crypto industry is personal for Ripple, citing the company's years-long battle with the SEC .
- *Ripple's US Expansion*: The company is now focusing on hiring in the US, with 75% of new job listings aimed at domestic recruits .
- *Regulatory Environment*: Analysts predict a more relaxed regulatory environment under Trump's administration, which could benefit XRP's price .