Ripple Labs’ XRP is making waves in the cryptocurrency world, benefiting from regulatory developments that have spurred bullish market sentiment.
Promising developments in the ongoing legal battle between the SEC and Ripple have helped restore investor confidence in XRP.
Donald Trump, the self-proclaimed “crypto president,” has rebuilt trust in the entire cryptocurrency ecosystem. Investors expect looser cryptocurrency regulation in the US when he returns to the White House, and Gary Gensler (who has sued Web3 companies left, right, and center) steps down as SEC chairman on January 20.
Using a secure wallet such as Best wallet It can help you secure your cryptocurrency holdings and take advantage of early gains from upcoming coins like Ripple’s $RLUSD.
XRP rises by 416% after US Election Day
Since last week, the value of XRP has risen increased by more than 15%and its volume increased over 24 hours by more than 110%.
Further highlighting the coin’s boom times, its price has more than quadrupled since the 2024 US Election Day result, A rocket rise of 416% From $0.50 to $2.58 since November 6.
The price of XRP is expected to rise by 719% following Gensler’s resignation, which could boost its upcoming stablecoin, $RLUSD, to even higher levels. It is worth noting that it is already attracting huge bids $836 XRP on the markets Although it is pegged to $1 (like Tether’s USDT and Circle’s USDC).
Meanwhile, others expect the price of XRP to reach $10 in 2025, with projects emerging (possibly All-star encryption) following in her footsteps.
Although it is not financial advice, cryptocurrency analyst CrediBULL points out that this is a good time to do so. Buy XRP USD Instead of waiting for the coin to drop to $2.21; The rollback may not happen as expected.
BTC and $ETH ETFs account for $3.2 billion in inflows
Ripple’s digital payment assets aren’t the only ones benefiting from the hype surrounding loosened cryptocurrency restrictions in the US. $BTC alone It reached $106K ATH Just yesterday.
Exchange-traded funds (ETFs) for Bitcoin and Ethereum also saw inflows of $3.2 billion last month. Cryptocurrency investors have poured $3.85 billion into Bitcoin products this year, making the currency the source of 87% of total flows.
Ethereum flows often lag behind Bitcoin. But they earned $1 billion last week, bringing their total earnings for the year to a commendable $4.4 billion.
As US lawmakers seek to legalize cryptocurrencies next year, analysts expect developments on the Ethereum network to grow, which will likely boost Ethereum’s price. However, some analysts expect success earlier – that Up to $5,000 before 2025 Starts (about $1k greater than Current price).
$BEST Safeguards Crypto, attracts $4.5 million pre-sale
Amidst the hype, investors are finding ways to protect their cryptocurrencies. Part of the better wallet ecosystem, Best wallet codes The success of ($BEST) supports this statement, attracting over $4.5 million in pre-sale.
$BEST is the backbone of foreSh.WAMilkwhich distinguishes itself from leading cryptocurrency wallets like MetaMask in highlighting tokens for pre-sale.
You can join Best Wallet to take advantage of its multi-chain (upcoming support for 60+ chains) and multi-token nature, making it a smart way to buy, store, and swap cryptocurrencies. Investors no longer need separate wallets for coins on disparate chains.
Another advantage is that it has its own decentralized exchange, Best DEX, to offer the best prices and lowest trading fees in the market.
Join the best portfolio for early success in the 2025 bull market
The ongoing legal battle between Ripple and the SEC positions XRP as a resilient force in the cryptocurrency market. This indicates promising times not only for XRP but also for the digital payment company’s upcoming stablecoin, $RLUSD.
As traditionally strict US cryptocurrency regulations are likely to ease following Donald Trump’s presidential return and Gensler’s resignation, it’s not just the digital asset payment company’s assets that are poised for success.
Bitcoin and Ethereum ETFs are expected to flourish further. New DeFi projects will likely be based on Ethereum in 2025, driving up ETH.
It is worth noting that the best wallet It highlights new pre-sale projects before they are listed on central exchanges. Buying coins before the rest provides a competitive advantage because they are sold at much lower prices compared to after the launch, enhancing the potential for gains.
As the market embraces a new era of adoption and growth, join Best wallet taken Pre-selling to profit from promising cryptocurrencies, new and old.
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