Ripple's Optimism: New Congress and XRP Surge

user avatar

by Giorgi Kostiuk

2 years ago

Ripple CEO Brad Garlinghouse expresses optimism about the new U.S. Congress, deemed the most pro-crypto in history. He believes this could lead to significant changes in blockchain industry regulations.

New Congress Agenda

The Republican dominance in the House and Senate paves the way for advancing a pro-crypto agenda. Garlinghouse notes this situation opens up new opportunities, especially after a challenging period when cryptocurrency projects faced significant obstacles under Gary Gensler's leadership in the SEC.

Ripple and SEC: Key Events Ahead

Ripple's legal battle with the SEC has been ongoing for four years and is approaching a critical juncture. The SEC's deadline for filing appeals is set for January 15. A potential withdrawal of the appeal could be a major boost for Ripple and XRP.

Garlinghouse and IOG's Charles Hoskinson met with Trump's team to discuss shaping the future regulatory framework for cryptocurrencies.

Market on the Rise: Progress and Challenges

On January 3, XRP closed at $2.4535, up 2.21% compared to the previous day. Analysts also predict the possibility of further growth, especially if the SEC appeal is not filed and regulatory clarity is achieved.

With the new pro-crypto Congress, market activity is increasing, and XRP is moving towards further success. Rapid implementation of new regulations could significantly alter the legal framework and strengthen Ripple's market position.

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

Richard Heart Detained in Istanbul Linked to Finnish Tax Investigation

Richard Heart, founder of HEX and PulseChain, has been detained by Turkish authorities in connection with a Finnish tax investigation.

user avatarJacob Williams

TD Cowen Increases Strive's Share Price Target Amid Bitcoin Holdings Surge

TD Cowen analysts raised Strive's share price target from 44 to 56 due to significant expansion of Bitcoin holdings to 35,595 BTC, noted in a research update on October 16.

user avatarZainab Kamara

Tether Invests in AI Infrastructure Startup AIsa

Tether has invested in AI infrastructure startup AIsa, contributing to its total funding of over $9 million to support autonomous AI applications.

user avatarSon Min-ho

Taiwan Restricts Access to Coinbase and Kalshi Ahead of Elections

Taiwanese authorities have restricted access to Coinbase and Kalshi websites due to concerns over election betting.

user avatarTando Nkube

Strategy Proposes Daily Dividends for STRC Preferred Stock

Strategy has conditionally declared daily dividends for its STRC preferred stock for November 2026, pending shareholder approval.

user avatarKofi Adjeman

Ripple Prime Expands Institutional Trading with New Derivatives Access

Ripple Prime introduces access to perpetual derivatives referencing traditional assets for eligible institutional clients.

user avatarNguyen Van Long

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.