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Ripple CEO Sparks Hope for XRP Price Growth in 2025

Ripple CEO Sparks Hope for XRP Price Growth in 2025

DailyCoinDailyCoin2025/01/06 14:33
By:DailyCoin

Ripple CEO Brad Garlinghouse called the optimism around XRP “obvious and very deserved,” crediting the momentum to the “Trump bull market.” He said this marks a significant comeback for Ripple after years of challenges with SEC regulations under Gary Gensler.

Ripple Sees US Growth

In an X post on Sunday, Garlinghouse revealed that Ripple is refocusing on the US market following the political shift after Donald Trump’s election. Currently, 75% of Ripple’s job openings are US-based, a sharp contrast to the past four years when most hiring occurred overseas.

2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Gensler's SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.

Today:
✅75% of Ripple’s open roles are now US-based, while…

— Brad Garlinghouse (@bgarlinghouse) January 5, 2025

Garlinghouse highlighted that Ripple signed more US deals in the six weeks following Trump’s victory in 2024 than it did in the previous six months.

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He praised “Team Trump” like Scott Bessent, David Sacks, and Paul Atkins for driving crypto growth and creating jobs even before the new administration began. Ripple views this as a key moment for US leadership in crypto.

Ripple (XRP) Price Eyes Critical Levels

After a sharp correction in December following a fivefold rally since Trump’s victory, Ripple (XRP) seems set to regain its upward momentum. 

The fourth largest crypto has stalled below the key $3 resistance, entering a consolidation phase between $2 and $3. 

During this time, XRP has formed a sideways wedge pattern, finding support at $2 and making a bullish move toward $2.30. 

XRP is trading at approximately $2.38 at the time of publication, up 1.7% in the past 24 hours and 14.8% over the past seven days.

Ripple CEO Sparks Hope for XRP Price Growth in 2025 image 0 Ripple CEO Sparks Hope for XRP Price Growth in 2025 image 1

Ripple (XRP) price action over the past 24 hours. Source: CoinGecko

XRP faces resistance at $2.45, with more substantial barriers at $2.55. A breakout above $2.55 could push the price toward $2.68, with further upside to $2.73.

Ripple CEO Sparks Hope for XRP Price Growth in 2025 image 2 Ripple CEO Sparks Hope for XRP Price Growth in 2025 image 3

On the other hand, if trading volumes stay low, failure to break $2.45 could lead to a pullback, with support levels around $2.20. 

Why This Matters

Ripple’s renewed focus on the US market could signal a turning point for XRP price, particularly if regulatory challenges ease. The growing optimism fueled by Trump’s policies and Ripple’s expanding US operations could catalyze increased adoption of XRP, potentially driving its price higher in 2025.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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