Ripple and XRP: Dynamics amid SEC changes and plans with Trump

user avatar

by Giorgi Kostiuk

2 years ago

Ripple has returned to the spotlight following Donald Trump's election and Brad Garlinghouse's ambitious plans with the former president. The price of XRP surged significantly following news of Gary Gensler's resignation as SEC chair.

Changes in SEC and their impact on XRP

With a new SEC chair in place and Brad Garlinghouse's recent dinner with Trump, it seems that prospects for the coin are starting to clear up.

Comparing XRP and stablecoins

In a recent podcast, Bloomberg’s Mike McGlone expressed his confusion over the value of XRP when compared to stablecoins like Tether. Both have market caps between $100 billion and $140 billion. McGlone noted that stablecoins offer instant and low-cost transactions and are considered secure, while the value of XRP remains a mystery.

I can't find a rational explanation anywhere for the value of XRP in this context.Mike McGlone

Potential of Ripple technologies and future outlook

The CEO and co-founder of CoinRoutes stated that Ripple believes their ledger will be used by the banking system to launch their own stablecoins. He believes in the XRP Ledger technology as a replacement for SWIFT. In the future, the price could reach $7 to $10.

If you believe that the XRP Ledger will be the technology underlying the replacement for SWIFT, you could come to a valuation between $7 and $10.CEO CoinRoutes

Ripple and its cryptocurrency XRP are experiencing significant changes amid political and regulatory events, offering interesting prospects for the future of the financial system.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Justin Sun Prize Launched to Transform Scientific Research

chest

The Justin Sun Prize has been established to redefine scientific rewards in the AI era, offering up to $1 million for breakthroughs in fundamental disciplines and machine formal verification.

user avatarKenji Takahashi

bdautomated Releases Verified AI Agent Statistics for 2026

chest

bdautomated releases a comprehensive dataset on AI agent statistics for 2026, tracing 75 widely quoted figures back to their original sources.

user avatarMaria Fernandez

Korea Blockchain Week 2026 Announces Key Sponsors and Speakers

chest

Korea Blockchain Week 2026 has unveiled its partner lineup, featuring major players in the digital asset industry, including Upbit, 0G, BRV, Stable, Tria, and BitGo. The event will take place in Seoul from September 29 to October 1, 2026, and will host key speakers discussing significant shifts in the digital asset industry.

user avatarGustavo Mendoza

Morgan Stanley's Bitcoin Accumulation Boosts Market Confidence

chest

Morgan Stanley has been actively accumulating Bitcoin through the ETF route, amassing approximately 622 million worth of the cryptocurrency this month.

user avatarRajesh Kumar

Microsoft Opens Public Feedback for AI Code of Conduct

chest

Microsoft is inviting public feedback on its draft Code of Conduct for AI models until late October, aiming to refine guidelines before finalizing them for 2027.

user avatarLuis Flores

Microsoft AI Releases Draft Code of Conduct for AI Models

chest

Microsoft AI has published a draft Code of Conduct outlining the expected behavior and limitations of its AI models, inviting public feedback for six weeks.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.