It’s only been a few weeks since Trump’s crypto policies have started to take effect. This was enforced at the recent White House Digital Assets Summit where Ripple’s CEO Brad Garlinghouse was also in attendance. It has led us to speculate about the potential price of XRP in 2025. Initial suggestions were that it might reach $7 in 2025. However, recent news may mean that this figure needs revising. $10 is looking more and more achievable.
Brad has posted his thoughts on the recent Summit on his X profile. None of his sentiments come as a surprise, but he did mention a few things that our readers will be interested in hearing about.
“There’s been a lot of talk about what this White House has and will prioritize with their crypto agenda – most importantly, regulatory clarity through Congressional action, as well as BTC reserve & crypto stockpile, support for stablecoin innovation backed by US Treasuries, and more.”
Ripple as Custodian?
This week has seen several financial institutions add digital assets to their offerings. Deutsche Boerse’s Clearstream, just this week, has stated it will offer cryptocurrency settlement and custody services to institutional clients later this year. It will be using its subsidiary Crypto Finance as a sub-custodian for this.
Elsewhere leading Spanish bank BBVA has received regulatory approval to provide custody and execution services for crypto assets. BBVA said, again this week, that it will be using its own cryptographic key custody platform to support its customers.
The demand for custodian services is rising and Ripple is in a position to take full advantage of this change in sentiment among financial institutions. Ripple is rumoured on X to have started an advertising campaign to attract those financial institutions who don’t necessarily have the wherewithal that BBVA or Clearstream have.
Can XRP hit $10?
If, and it remains a big ‘if’, the U.S. Digital Asset Stockpile is custodied on XRP things could go into hyperdrive. And the rumours have started. X users in their numbers have flocked around the news, one of them commented how “I’m buying more XRP today. Lol.”
As a key U.S. reserve asset, following from Trump’s addition of XRP to the digital asset stockpile, things are looking up for XRP. One commentator on X pointed out how when bitcoin first hit $80,000 XRP was just $0.70 (November 2024). With bitcoin back below $80,000 again, XRP is holding strong at over $2.
This simple argument could also suggest that as bitcoin goes back to its previous highs and more, then XRP could do the same or better. It might not hit $5,000 as some have suggested, but it might do $10 as other more conservative commentators have suggested.
If you aren’t involved in XRP yet, it is a great time to immerse yourself in all things Ripple. Trump has. DZ Bank, Travelex, BBVA, are just some of the others listed on Ripple’s site as customers of the leading blockchain company. Is it time for you to take a closer look too?
Author: Andy Samu
#XRP $XRP #Ripple #SEC #TrumpEffect #DigitalAssetStockpile #DigitalAssetSummit
The editorial team at #DisruptionBanking has taken all precautions to ensure that no persons or organizations have been adversely affected or offered any sort of financial advice in this article. This article is most definitely not financial advice.
See Also:
How Strong Will XRP Be in 2025? | Disruption Banking
