Ripple had a historic 2024 in many ways. For instance, the fact that XRP emerged as the ultimate winner against the US SEC was commendable. Similarly, the appointment of Paul Atkins as the new SEC chair, followed by the removal of Gary Gensler, was also pivotal to XRP’s growth. These two developments helped XRP reshape its trajectory and establish momentum for the token to gain traction. Will mid-January prove equally lucrative for the token and help it surge to new highs? Let’s find out.
Also Read: Shiba Inu Team Confirms the Launch Date of Treat Token
The Trump Effect: To Help XRP Claim New Highs?
Ripple CEO Brad Garlinghouse recently took to X to discuss how Trump’s ascension to the presidency is indeed a significant event for the entire cryptocurrency industry.
Outlining the essence in detail, Garlinghouse expressed how the phenomenon of the Trump bull market is very real, adding that the crypto optimism post Gensler’s exit is very real and true. This phenomenon also allows Ripple to add new roles to promote job innovation, which the firm could not do earlier due to legal restrictions.
“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.
Adding more to the development, Garlinghouse shared how Trump’s team is already “jumpstarting” the era of job innovation by recruiting some of the best domain experts as his dependable team members.
“Team Trump is already jumpstarting innovation and job growth in the US with Scott Bessent, David Sacks, Paul Atkins, and others at the helm, and they aren’t even in office yet! Say what you want, but the “Trump effect” is already making crypto great again—through his campaign and in the administration’s day 1 priorities.”
That being said, the appointment of Paul Atkins as the new US SEC chair is carrying new hopes for Ripple. For instance, the speculations regarding XRP ETF approvals are also gaining ground, which could catapult XRP to surge beyond the $3 mark.
Also Read: BRICS: India Likely Dumping the U.S. Dollar
The Token’s Price Path in Mid-January 2025
According to CoinCodex, XRP could surge and sit at a new price of $2.39.
By the end of January and early February, the token documented a 2% drop to sit at a new price of $2.39.
“According to our current XRP price prediction, the price of XRP is predicted to drop by -2.02% and reach $ 2.39 by February 5, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 72 (Greed). XRP recorded 16/30 (53%) green days with 5.71% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
However, XRP may finally claim the $3 price mark around April 2025.
“According to our current XRP price prediction, the price of XRP is predicted to rise by 63.10% and reach $ 3.96 by April 6, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 72 (Greed). XRP recorded 16/30 (53%) green days with 5.71% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
Also Read: Cryptocurrency: Top 3 Coins To Soar Post Trump’s Inauguration Ceremony