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Cryptocurrency News Articles

XRP Prepares to Reclaim Former Glory as CEO Promises Brighter Future

Nov 10, 2024 at 05:02 pm

Through an X post, Ripple CEO Brad Garlinghouse said there was light at the end of the tunnel for XRP. He thanked the XRP army for its patience and unwavering support.

XRP Prepares to Reclaim Former Glory as CEO Promises Brighter Future

Ripple [XRP] boss Brad Garlinghouse recently took to X post to share his thoughts on the Trump administration and its potential impact on crypto. He also expressed gratitude for the XRP army’s patience and unwavering support throughout the years.

In his post, Garlinghouse highlighted the changing tides within the crypto space, especially considering XRP’s former ranking as the second most valuable digital asset. He acknowledged the challenges and headwinds faced by the crypto industry during the Trump administration but expressed optimism for the future.

The Ripple CEO went on to discuss the U.S. SEC’s role in the crypto space, criticizing the regulatory body’s approach and accusing it of picking winners and losers unfairly. Despite this, Garlinghouse remained hopeful for the opportunities available to those who believed in XRP’s potential, even amidst Ripple’s four-year legal battle with the SEC.

Garlinghouse’s comments come as XRP prepares to reclaim its former glory and as the crypto industry anticipates a brighter future under the pro-crypto Senate and administration.

In a related development, several industry experts have expressed optimism for XRP’s price, with some predicting a surge to $1. CoinGecko data showed that XRP’s performance was currently stable, with a 4.5% 24-hour gain to trade at $0.5725.

The data confirmed XRP’s steady rise as it surged 7% in the past 30 days, 14% in the last 7 days, and 5% in the last hour.

Meanwhile, other industry experts predicted that the current momentum could push XRP prices to new highs, with some optimistic estimates reaching above $1. CoinGecko’s data showed that XRP’s performance was currently stable, with a 24-hour gain of about 4.5% to trade at $0.5725.

The data highlighted XRP’s steady rise as it surged 7% in the past 30 days, 14% in the last 7 days, and 5% in the last hour.

CoinGecko also showed that XRP had risen over 20% in the past 90 days and was up by nearly 60% year-to-date. XRP’s price had surged over 300% since it began to recover from a price of around $0.15 in December 2023.

As XRP’s price surged to seven-month highs above $0.57, several industry experts expressed optimism for the token’s price, with some predicting a surge to $1.

CoinGecko data showed that XRP’s performance was currently stable, with a 24-hour gain of about 4.5% to trade at $0.5725.

The data showed XRP’s steady rise as it surged 7% in the past 30 days, 14% in the last 7 days, and 5% in the last hour.

U.S. exchanges that had delisted XRP, such as Coinbase, relisted it after the court’s decision affirmed that XRP was not a security.

News source:www.cryptopolitan.com

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