Ripple Token Could Surge 40% Amid Donald Trump Optimism

“In other words, XRP could surge 40% or more if prices top the declining upper trendline, signaling a resumption of the preceding bull run from early November lows near 50 cents,” CoinDesk markets analyst Omkar Godbole states.

“All bets are off if prices diverge from the pattern, moving below the horizontal support line near $2.00,” Godbole adds.

Social metrics are on a high note, too. A Wednesday report from sentiment tracking service Santiment said there is an “increased level of optimism from the crowd,” toward the token, based on social media posts and market commentary — higher than that for bitcoin (BTC) or ether (ETH).

Since Trumps election, XRP has seen its price surge by over 300%, outpacing other major cryptocurrencies. This surge is largely attributed to the expectation of a crypto-friendly policy environment under Trump, which includes easier regulatory pathways for local crypto businesses — such as Ripple Labs, the firm closely related to XRP.

The change in SEC leadership, particularly the exit of Gary Gensler, who has been seen as crypto-skeptical, could lead to a more favorable regulatory environment for XRP.

Ripples CEO Brad Garlinghouse said last week that the incoming government ends years of regulatory limbo and opens up new domestic opportunities that previously “froze” under the old administration.

2025 is here and the Trump bull market is real. For Ripple, this is even more personal after Genslers SEC effectively froze our business opportunities here at home for years. The optimism is obvious and very deserved.

Today:

75% of Ripples open roles are now US-based, while…

— Brad Garlinghouse (@bgarlinghouse) January 5, 2025

Ripple Labs has reported signing more U.S. deals in the last six weeks of 2024 than in the previous six months, showcasing a direct “Trump effect” on local business opportunities.

In an interview on Tuesday, Ripple President Monica Long signaled an XRP exchange-traded fund (ETF) could “soon” become a reality amid the perception of a shift towards more favorable crypto regulations under the incoming Trump administration.