Donald Trump

<p>XRP is the hottest story in crypto right now. The price pumped to $2.49 today, the highest level since 2018.</p> 
<p>YouTuber “The Economic Ninja” who has almost 500k subscribers posted a viral video about XRP last night.</p> 
<h2 class="wp-block-heading" id="institutional-moves">Institutional Moves</h2> 
<p>The video shed light on some exciting developments in the <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank">XRP</a> ecosystem. Major hedge funds and institutions are making significant moves, quietly accumulating XRP and transferring large volumes to cold wallets. This strategic behavior suggests they’re betting <a href="https://captainaltcoin.com/this-analysts-chart-shows-xrp-price-could-reach-6-42-heres-the-breakdown/" target="_blank">big on XRP’s future.</a></p> 
<p>Whale transactions tell an interesting story.</p> 
<p>Large-scale XRP transactions have caught the market’s attention. Significant transfers of 25 million XRP from Upbit and 18.8 million XRP from Binance to private wallets demonstrate a strategic approach to holding.</p> 
<p>Ripple’s institutional collaborations are becoming increasingly crucial. The company is positioning itself as a key player in reshaping cross-border payments. Institutional investors’ ongoing accumulation of XRP reflects a strong belief in Ripple’s potential for growth and innovation.</p> 
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<h2 class="wp-block-heading" id="legal-and-political-landscapes">Legal and Political Landscapes</h2> 
<p>The ongoing Ripple vs. SEC lawsuit has been a major roadblock for XRP, but things are changing. A pivotal 2023 court ruling classified XRP as not a security in retail sales, which was a massive win for Ripple. The SEC initially sought $2 billion in penalties but was awarded just $125 million – a clear indication of Ripple’s legal resilience.</p> 
<p>Political winds might be shifting too. The potential arrival of a crypto-friendly administration could further boost XRP’s prospects. Figures like Donald Trump and RFK Jr. are seen as potentially supportive of cryptocurrency innovation.</p> 
<p>Looking ahead, the video’s presenter is bullish on XRP’s potential. He anticipates 2025 could be a landmark year, with XRP potentially outperforming <a href="https://captainaltcoin.com/solana-price-eyes-260-resistance-as-market-analyst-predicts-blue-skies/" target="_blank">competitors like Solana</a> and Tether. The prediction is rooted in expected regulatory clarity and increased institutional adoption.</p> 
<p>Political winds are showing signs of change for crypto. The potential emergence of a crypto-friendly administration has become a talking point, with political figures like Donald Trump and RFK Jr. seen as potentially supportive of cryptocurrency ecosystems. This political shift is viewed as a significant factor in driving market optimism for XRP and the broader crypto market.</p> 
<p>The XRP community remains energized. While excited about potential growth, the presenter wisely cautioned against over-investing, advising viewers to only invest what they can afford to lose.</p> 
<p><em><strong>Read also: <a href="https://captainaltcoin.com/ripple-xrp-price-pumping-but-dogecoin-remains-a-better-bet-doge-price-analysis/" target="_blank">Ripple (XRP) Price Pumping But Dogecoin Remains a Better Bet: DOGE Price Analysis</a></strong></em></p> 
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<p>The post <a href="https://captainaltcoin.com/xrp-price-is-about-to-change-amid-ongoing-developments-around-ripple/">XRP Price Is ‘About to Change’ Amid Ongoing Developments Around Ripple</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

XRP Price Is ‘About to Change’ Amid Ongoing Developments Around Ripple

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