Ripple Labs’ $XRP has been making waves in the crypto space, capitalizing on regulatory developments that have boosted market sentiment.
Promising developments in the ongoing legal battle between the Securities Exchange Commission (SEC) and Ripple have helped restore investor confidence in $XRP.
The self-proclaimed ‘Crypto President,’ Donald Trump, is once again building faith in the entire crypto ecosystem. Investors foresee the US crypto regulations when they go back to the White House, and Gary Gensler (who sued Web3 companies left, right, and center) stepped down as Chairman of the SEC on January 20.
Using a secure wallet like The Best Wallet it can help protect your cryptoholdings and take advantage of early gains from upcoming coins like Ripple’s $RLUSD.
$XRP Soars 416% Post US Election Day
As of last week, the price of $XRP has up 15%and its 24-hour volume increased by more than 110%.
Further highlighting the coin’s boom times, its price has quadrupled since the 2024 US Election Day result, 416% decrease from $0.50 to $2.58 as of November 6.
$XRP is poised to gain 719% after Gensler’s resignation, which could push its upcoming stablecoin, $RLUSD, even higher. Notably, it is already attracting huge bids totaling 836 $XRP in the markets despite being pegged at $1 (like Tether’s $USDT and Circle’s $USDC).
Meanwhile, some foresee $XRP hitting $10 in 2025, with emerging projects (possibly Crypto All-Stars) following their lead.
Although not financial advice, crypto analyst ‘CrediBULL’ suggests that now is a good time to do so buy $XRP instead of waiting for the coin to dip to $2.21; the pullback may not materialize as expected.
$BTC & $ETH ETFs Take Inflows of $3.2B
Ripple’s digital payment assets aren’t the only ones benefiting from the buzz surrounding the soft US crypto restrictions. $BTC alone up to $106K ATH just yesterday.
Bitcoin and Ethereum exchange-traded funds (ETFs) also saw $3.2B worth of inflows last month. Crypto investors poured $3.85B into Bitcoin products this year, making the coin the source of 87% of all income.
Ethereum penetration tends to lag behind Bitcoin. But, they received $1B last week, which boosted their total for the year to an impressive $4.4B.
As US lawmakers push for crypto legislation next year, analysts foresee developments in the growing Ethereum network, which could boost the price of ETH. However, some analysts foresee the success of the former – it reaching $5K before 2025 kicks ass (about $1K more than yours current price).
$BEST Safeguards Crypto, Attracts $4.5M in Presale
Amidst the hype, investors are finding ways to protect their crypto currency. Part of the leading Wallet Ecosystem, Best Wallet Token’s ($BEST) success supports this statement, attracting over $4.5M in pre-sales.
$BEST is the core of BeSt. Walletdistinguishing itself from crypto wallet leaders such as MetaMask over the presale tokens standout.
You can join Best Wallet to take advantage of the multi-chain (upcoming support for 60+ chains) and multi-token environment, making it a smart way to buy, store, and exchange cryptocurrencies. Investors no longer need separate wallets for different chains.
Another advantage is having a decentralized exchange, Best DEX, to offer the best rates and lowest trading fees in the market.
Join the Best Wallet to Get Ahead of the 2025 Bull Market
The ongoing legal battle between Ripple and the SEC is positioning $XRP as a strong force in the crypto market. This bodes well for not only $XRP but the digital payment company’s upcoming stablecoin, $RLUSD.
With strict US crypto regulations likely to ease after Donald Trump’s return as president and Gensler’s resignation, it’s not just the digital payments company’s assets that are poised for success.
The Bitcoin and Ethereum ETF is poised for continued growth. And new DeFi projects will likely be built on Ethereum by 2025, lifting $ETH.
Remarkably, The Best Wallet highlights new projects that have been pre-sold before they are listed on the central exchange. Buying coins before others gives a competitive advantage because they are sold at very low prices compared to after the launch, which strengthens the chances of profits.
As the market embraces a new era of discovery and growth, join the Best Wallet Taken presale to benefit from promising cryptocurrencies, new and old.
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