Since 2024, XRP has shown significant growth as investors eagerly await important events in January 2025.
Current Dynamics of XRP
Since late 2024, XRP reached its highest levels since 2018, trading at $2.41. The digital asset has seen a 17% increase in 2025 alone. The anticipation of Gensler’s neutralization on January 20 could reignite market growth.
Important Events on January 20
On January 20, Donald Trump officially takes office as the U.S. President, and Gary Gensler, the current SEC Chair, will resign. This event could further boost XRP's growth thanks to changes in cryptocurrency regulation.
Optimism About XRP’s Future
Ripple CEO Brad Garlinghouse expressed confidence in XRP’s future, noting that 2025 could be pivotal for the company. Growth since late 2024 boosts market participants' confidence.
XRP enters 2025 with strong momentum, and important events in the U.S. may positively influence the cryptocurrency market.