Ripple CEO Says Tides are Shifting for XRP, Future for XRP is Enormous

Ripple CEO Brad Garlinghouse has shared an optimistic outlook for the future of XRP, citing potential changes in the regulatory landscape following Donald Trump’s election victory. 

In a tweet, Garlinghouse acknowledged the challenges Ripple and XRP have faced over the years, particularly due to the actions of the U.S. Securities and Exchange Commission (SEC), which initiated a lawsuit against Ripple nearly four years ago.

According to Garlinghouse, the SEC’s entanglement with the crypto industry over the past six years have been “unnatural and manipulative,” with the four-year-old lawsuit effectively acting as headwinds that suppressed XRP’s growth. 

Tides Now Shifting for XRP, Future for XRP Is Enormous

However, with the incoming Trump administration, Ripple’s CEO believes these headwinds are beginning to turn into tailwinds, opening up opportunities for XRP’s resurgence in the digital asset market.

Trump’s administration has indicated intentions to adopt a more crypto-friendly stance, with Trump himself promising to position the U.S. as a global crypto leader. His proposed crypto policies include creating a strategic Bitcoin reserve and replacing current SEC Chair Gary Gensler.

For XRP, Garlinghouse suggests this shift in regulatory attitudes could finally clear the path for growth and greater adoption.

Reflecting on XRP’s history, the Ripple CEO noted that the digital asset was once the second most valuable in the market. Notably, this was in January 2018, when XRP traded at an all-time high. However, XRP has tanked by nearly 90% since then, with its present value at $0.5506.

Meanwhile, Garlinghouse’s remarks suggested confidence that XRP could regain a similar standing in the crypto scene. His message to the XRP community underscored a sense of resilience and optimism, reinforcing his belief that the asset’s future is “enormous.”

I’ve shared some thoughts on what the Trump administration could mean for crypto and wanted to also recognize the XRP family’s patience and unwavering support.
A lot has happened since XRP was the 2nd most valuable digital asset. It’s been – at times – a frustrating journey.

~6…

— Brad Garlinghouse (@bgarlinghouse) November 7, 2024

In his congratulatory note to Donald Trump on his victory at the polls on Tuesday, Garlinghouse urged Trump to quickly implement his campaign promise of firing Gary Gensler on the first day in office and called on him to provide clarity for Ethereum, just as XRP has received.

XRP Army Delighted by Promising Future

As industry pundits expect regulatory pressures on cryptocurrencies to ease with the Trump presidency, Garlinghouse’s comments point to a new chapter for XRP that could see it thrive in a more supportive environment.

Members of the XRP community have recognized Garlinghouse’s message, expressing optimism that 2025 “feels like a new beginning for XRP.”