Ripple CEO Meets With Trump as Firm&#039, s President Desires XRP ETFs &#039, Really Soon&#039,

In the last 24 hrs, Ripple President Monica Long’s optimism about the upcoming XRP ETFs and CEO Brad Garlinghouse’s meeting with Donald Trump have evidently contributed to XRP‘s outperformance of other major crypto assets. &nbsp,

According to data from CoinGecko, the Ripple-linked asset and native token of the XRP Ledger have increased by 4 % in the last day to$ 2.32, while Bitcoin and Ethereum have both increased by less than 1 %. &nbsp,

Some of that price movements perhaps be attributed to ongoing rumors about XRP ETFs, which Much believes are “likely to be next in line after Bitcoin and Ethereum” and were U.S. area ETFs approved for investing in 2024.

The Ripple President stated to Bloomberg that she believes an XRP ETF may be developed “very quickly.”

This sounds sentiments recently shared by Garlinghouse, who called the endorsement of an XRP ETF “inevitable” in October. Companies like 21Shares and Bitwise have so far submitted applications for the release of an XRP ETF, and enthusiasm over possible approvals has been cited for XRP’s serious price increase late last season.

On Tuesday, Garlinghouse posted a photo of a dinner with Donald Trump and Ripple Chief Legal Officer Stuart Alderoty on X ( previously known as Twitter ).

” Powerful begin to 2025″, said Garlinghouse.

According to Long, who is positive that XRP and “various blockchain spot ETF assets” will be approved in the United States in 2025, Trump’s resumption and his approaching administration are just two reasons why. &nbsp, &nbsp,

In the last few months, XRP has gained a significant amount stage, breaking into the third-largest coin by market capitalization, briefly achieving a level not seen since 2018.

The XRP Ledger has increased activity, breaking information for all-time great account activations in December as its image gold sector showed signs of life, in addition to gains in the local gift. &nbsp,

The coin is currently trading at$ 2.32, more than four times its value prior to the U. S. elections in November. Blockchain soared as high as$ 2.82 in December before sagging along with other significant resources like Bitcoin. The Ripple-linked gold now trades 32 % down from its all-time great of$ 3.40 from January 2018.