Trump's SEC Pick Set to Ignite Massive Bull Run on Ripple?! (Things Are Getting Spicey)

Sick and tired of hearing about Trump and crypto? Too damn bad. It’s Trump's world, and we’re just living in it. 

Well, with Gary “Get off my lawn” Gensler officially stepping down in January, Ripple CEO Brad Garlinghouse is feeling good—like, really good—about where the U.S. crypto market is headed. And honestly, even though I don’t give a flying “F” about crypto, I can’t blame him. Between XRP’s explosive growth and the possibility of a more crypto-friendly SEC under Trump’s administration, the vibes are screaming bullish.

(Source: Giphy) 

For instance, in a recent Fox Business interview, Garlinghouse didn’t hold back: “We finally have a crypto president. The crypto industry has embraced Trump. Trump has embraced the crypto industry. I think it’s very genuine.” Now of course, whether you’re rolling your eyes or nodding along, the writing is on the wall: Trump is here for crypto, and XRP may just be the one to kick things off.

(Source: Bitcoin News) 

You see, since election day, XRP has skyrocketed over 70%, hitting $1.62—its highest point since May 2021. That’s not just a lucky streak; it’s part of a broader $800 billion market unlock that’s catapulting the entire crypto sector. Garlinghouse credits this surge to the easing of regulatory pressure. For years, the SEC has been the annoying hall monitor of the crypto world, throwing shade at companies like Ripple. But now? Those days are looking to be over. “We went from $2.2 trillion to basically $3 trillion. So this was an $800 billion unlock,” Garlinghouse stated, presumably handing out cigars and shots to celebrate. 

(Source: Giphy) 

What’s more, is that Robinhood recently re-listed XRP, signaling that the tides are turning for crypto in the U.S. And if that doesn’t tell you something’s brewing, I don’t know what does. Especially since Ripple has been duking it out with the SEC for years, spending over $150 million fighting what it calls “regulation through enforcement.” But again, with SEC Chair Gary Gensler and Commissioner Jaime Lizarraga set to step down in January 2025, the winds are shifting.

Simply put, Trump’s pick for the next SEC Chair could be a total game-changer. Names like Paul Atkins and Brad Bondi are being floated, and both are seen as pro-crypto. If either gets the gig, you can bet Ripple’s lawsuits—and probably a few others—will get settled or brushed under the rug all together. 

(Source: FX Empire) 

Plus, given Ripple has popped to $1.62 off the new-found sentiment, analysts are jumping on the bandwagon left, right ,and twice on Sunday—with many eyeing $1.81 as the next big milestone. Break that, and it’s off to the races—$3, $5, maybe even $6, according to some overly optimistic TradingView gurus.  In addition, we also have institutional players starting to wake-up as WisdomTree just launched an XRP Exchange-Traded Product (ETP) in Europe, giving XRP some long-overdue legitimacy.

So yeah, things are starting to heat up with crypto and Ripple. Which is why the  broader crypto market is holding its breath for Trump’s SEC pick. If it’s someone like Atkins or Bondi, expect a major pivot in how crypto is regulated. And let’s be real: that’s exactly what the U.S. market needs to stay competitive.

(Source: Crypto News Flash

For now, all eyes are on XRP. Whether it’s Robinhood’s re-listing, Ripple’s courtroom victories, or Trump’s crypto-friendly vibes, one thing’s for sure: Crypto could end up going brrr unlike anything we’ve seen. 

In the meantime, while this may shift some people's perspective, or induce massive FOMO in others, when it comes to me and my money—I’m not doing a damn thing. I don’t have to be the debbie downer and tell you crypto is risky or downright untrustworthy, but hey, what do I know right? Meaning, do what you will with this information and please for the love of everything holy, place your bets accordingly.

As always, stay safe and stay frosty, friends! Until next time…

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Stocks.News holds positions in any crypto or companies mentioned in the article.