Ripple Labs’ $XRP has been making waves in the crypto space, benefiting from regulatory developments that have fueled bullish market sentiment.
Promising progress in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple has helped restore investor confidence in $XRP.
Self-proclaimed “Crypto President” Donald Trump has restored confidence in the entire crypto ecosystem. Investors are expecting looser US crypto regulations when he returns to the White House and Gary Gensler (who has been suing Web3 companies left, right and center) steps down as SEC chairman on January 20th.
Using a secure wallet such as Best wallet can help secure your crypto holdings and benefit from early profits on upcoming coins like Ripple’s $RLUSD.
$XRP surges 416% after US Election Day
Since last week, the value of $XRP has increased increased by over 15%and its 24-hour volume is up more than 110%.
Further evidence of the coin’s prosperous times is the fact that its price has more than quadrupled since the 2024 US Election Day results. rose rapidly by 416% from $0.50 to $2.58 since November 6th.
$XRP is forecast to gain 719% following Gensler’s resignation, which could push the upcoming stablecoin $RLUSD to higher levels. Notably, it is already attracting high bids of up to $836XRP on marketplaces despite being pegged to $1 (like Tether’s $USDT and Circle’s $USDC).
Meanwhile, others predict that XRP will hit $10 in 2025, with emerging projects (possibly Crypto All-Stars) following suit.
Even if it is not financial advice, crypto analyst “CrediBULL” thinks now is a good time to do so Buy $XRP instead of waiting for the coin to fall to $2.21; a pullback may not occur as expected.
$BTC and $ETH ETFs capture $3.2 billion in inflows
Ripple’s digital payments aren’t the only ones benefiting from the excitement surrounding relaxed US crypto restrictions. $BTC alone reached its new high of $106,000 just yesterday.
Bitcoin and Ethereum exchange-traded funds (ETFs) also saw $3.2 billion worth of inflows last month. Crypto investors have poured $3.85 billion into Bitcoin products this year, making the coin the source of 87% of all inflows.
Ethereum inflows often lag those of Bitcoin. But last week they raised $1 billion, bringing the year’s total to a commendable $4.4 billion.
As US lawmakers push for crypto legislation next year, analysts expect developments on the Ethereum network to increase and likely drive up the price of $ETH. However, some analysts foresee an earlier success – it reach $5,000 before 2025 starts (about $1,000 more than before). current price).
$BEST protects crypto and raises $4.5 million in presale
Amid the hype, investors are looking for ways to protect their cryptocurrencies. The success of Best Wallet Token ($BEST), part of the Best Wallet ecosystem, supports this statement, attracting over $4.5 million in presales.
$BEST is the backbone of best WAletwhich differentiates itself from leading crypto wallets like MetaMask by highlighting pre-sale tokens.
You can join Best Wallet to benefit from the multi-chain feature (over 60 chains will be supported soon) and multi-token nature, making it a smart way to buy, store and exchange cryptocurrencies. Investors no longer need separate wallets for coins on contrasting chains.
Another advantage is its own decentralized exchange Best DEX, which offers the best rates and lowest trading fees on the market.
Join Best Wallet for early success in the 2025 bull market
The ongoing legal battle between Ripple and the SEC positions $XRP as a resilient force in the crypto market. This signals favorable times not only for $XRP but also for the digital payments company’s upcoming stablecoin, $RLUSD.
With traditionally strict U.S. crypto regulations likely to be relaxed following the return of Donald Trump as president and the resignation of Gensler, success is expected in more than just the digital asset payments firm’s assets.
Bitcoin and Ethereum ETFs are expected to continue to thrive. And new DeFi projects are likely to build on Ethereum in 2025, driving up the ETH dollar.
Especially the best wallet highlights new pre-sale projects before they are listed on central exchanges. Buying coins before the rest provides a competitive advantage as they are sold at significantly lower prices compared to post-launch prices, increasing the likelihood of profits.
As the market enters a new era of adoption and growth, join the Best Wallet Token presale to benefit from promising new and old cryptocurrencies.