A new era for XRP
As the new Trump administration begins, the US is positioning itself to lead the global crypto landscape.
Trump’s commitment to blockchain technology and financial freedom is highlighted by his support for a crypto-friendly agenda, including the appointment of David Sacks as the first AI and Cryptocurrency Czar.
Additionally, Paul Atkins, Trump’s pick of SEC chairman, has a history of supporting the crypto industry. His leadership could reshape the SEC’s approach to Ripple, especially regarding the ongoing lawsuit.
With Atkins possibly shifting his priorities, there is speculation that the SEC could drop its case against Ripple, paving the way for XRP’s growth and possibly even its inclusion as a reserve in the US Treasury Department.
Potential impact
If XRP becomes a reserve within the US Treasury, this could significantly increase its long-term valuation.
With a market capitalization of over $180 billion, the Treasury Department’s adoption of XRP would diversify its holdings and align with the growing institutional recognition of digital assets.
XRP’s lower volatility, with a 70% reduction in price fluctuations over the past year compared to other cryptocurrencies such as Bitcoin, makes it a more stable option.
As the US embraces blockchain, XRP’s role in facilitating efficient cross-border payments positions it as a strong competitor.
This move could boost institutional adoption, cementing XRP’s place in global finance and increasing its potential as a trusted digital asset for governments and central banks.
