Ripple’s Future in Focus Amid Changing Regulatory Landscape

14 de enero de 2025 BACK TO NEWS

Ripple’s future gains momentum with Trump’s influence and new SEC leadership, boosting XRP’s price and potential - IcoHolder.

Ripple has once again grabbed the spotlight, fueled by the election of former President Donald Trump and Brad Garlinghouse’s bold ambitions surrounding the company’s future. A surge in XRP’s price was noted after the news of SEC Chairman Gary Gensler’s resignation, leading to speculation that the cryptocurrency’s fortunes could be on the rise, especially with a new SEC chair taking office and Garlinghouse recently meeting with Trump.

The new developments have prompted many to reassess XRP’s potential. While Ripple’s vision remains focused on transforming financial infrastructure, questions about XRP’s unique value have been raised by experts within the industry. In a recent interview on Scott Melker’s podcast, Bloomberg’s Mike McGlone expressed his confusion about XRP's market position, particularly when compared to stablecoins such as Tether. Both XRP and Tether are valued between $100 billion and $140 billion, yet McGlone is puzzled as to why XRP commands such attention when stablecoins already provide instant transactions with low costs and proven security.

However, some industry experts, like the CEO of CoinRoutes, are not so quick to dismiss XRP's potential. He believes Ripple’s technology could play a pivotal role in the future of banking, particularly in helping financial institutions launch their own stablecoins or use Ripple’s platform to facilitate transactions. If Ripple’s vision for replacing traditional financial systems like Swift gains traction, a valuation of XRP between $7 and $10 per token may not be far-fetched, according to the CEO.

With key regulatory obstacles potentially fading, the expert highlights that Ripple’s strong industry connections and vision for a reimagined financial infrastructure place the company in a prime position to be part of the evolving global economic system. While some may be looking for massive returns, the $7 price target could represent a solid investment with significant upside potential.