
Can XRP hit $4 after Jan 20 inauguration? Key expectations from Trump era
- XRP's price has been on a tear this past week.
- XRP ETF approval, XRP inclusion in strategic reserves, are some of the major expectations from the Trump era.
- Under the previous SEC regime, applications for XRP-based exchange-traded funds (ETFs) stagnated.
Follow Invezz on Telegram, Twitter, and Google News for instant updates >
XRP’s price has been on a tear this past week.
The coin breached the $3-mark earlier this week and hit levels previously seen in 2018. The coin made a five-year high of $3.39 earlier on January 17.
XRP price has gained over 40% in the past week.
Trading activity for the world’s third-biggest crypto by market cap has also surged. The bullish momentum has also been supported by strong whale accumulation.
The crypto industry is optimistic that Donald Trump will take significant steps for the sector on his first day in office on January 20.
Crypto enthusiasts view the event as the potential start of a historic pro-crypto government in the United States.
Here are some major events that XRP investors may be hoping for during Trump’s second term in office.
Ripple-SEC legal tussle
Copy link to sectionThe prolonged legal battle between Ripple and the US Securities and Exchange Commission (SEC) may see resolution as the leadership at the SEC undergoes a transition.
Gary Gensler, the current SEC chair, is set to step down, with Paul Atkins, a pro-crypto advocate, expected to take over.
If Atkins assumes the role, a more crypto-friendly regulatory environment could lead to the dismissal or favorable resolution of the legal challenges XRP has faced.
This shift would likely enhance investor confidence, liberating XRP from the shadow of legal uncertainty.
The case originated in 2020 when the SEC accused Ripple of raising $1.3 billion through the sale of XRP without registering it as a security, allegedly violating federal law.
The bitter battle has cost Ripple around $150 million in legal fees.
Ripple’s strategic engagement with the Trump admin
Copy link to sectionRipple CEO Brad Garlinghouse’s recent meeting with President-elect Donald Trump has sparked speculation about potential government partnerships or initiatives involving XRP.
Garlinghouse hinted at significant developments in a recent post, describing the meeting as “a solid start to 2025.”
Great dinner last night with @realDonaldTrump & @s_alderoty. Strong start to 2025!
While the specifics remain under wraps, discussions reportedly included the idea of incorporating XRP into U.S. strategic reserves.
This aligns with reports suggesting the Trump administration is considering establishing an “America-first strategic reserve” that prioritizes U.S.-founded cryptocurrencies, including XRP, Solana, and USDC.
If realized, this move could significantly bolster XRP’s standing both in the market and as a tool for national financial strategy.
XRP in US Strategic Reserves?
Copy link to sectionAccording to media reports, the Trump transition team is considering the creation of an “America-first strategic reserve” that would prioritize US-founded cryptocurrencies like XRP.
At the CfC St. Moritz conference, Garlinghouse noted that more central banks are exploring the use of cryptocurrencies for their reserves, citing improvements in regulatory frameworks.
My first time but certainly not my last at @cfcstmoritz – joined @_richardteng and @JKFruit on-stage to discuss the path to a billion crypto users. With the largest capital markets finally embracing crypto (and talk of crypto strategic reserves!), and I suspect rather imminent US…
He also indicated that evolving US regulations could pave the way for state-controlled reserves utilizing Ripple’s XRP.
Potential approval of XRP ETFs
Copy link to sectionUnder the previous SEC regime, applications for XRP-based exchange-traded funds (ETFs) stagnated.
The anticipated leadership change at the SEC could rejuvenate these efforts.
Paul Atkins’ history of pro-crypto stances may pave the way for the approval of pending XRP ETFs, potentially unlocking institutional investment and ushering in a wave of bullish momentum for the token.
The resolution of XRP’s legal troubles may also give way for the approval of an ETF.
JPMorgan estimates that XRP ETFs could attract investments ranging from $4 billion to $8 billion, within their initial six months of operation.
JPMorgan estimates XRP ETF might see $4-8 billion inflows.
Four firms, including WisdomTree, Bitwise, 21Shares, and Canary Capital, have submitted applications for spot XRP ETFs.
Advertisement
Want easy-to-follow crypto, forex & stock trading signals? Make trading simple by copying our team of pro-traders. Consistent results. Sign-up today at Invezz Signals™.
More industry news





