XRP has surged to a two-year high, fueled by growing optimism around U.S. cryptocurrency regulations. Ripple CEO <a href="https://www.cryptoknowmics.com/news/ripple-ceo-brad-garlinghouse-predicts-inevitable-xrp-etf-approval/" target="_blank" rel="noopener">Brad Garlinghouse</a> attributed the token’s rise to a significant shift in the regulatory landscape, which has instilled fresh confidence among investors.
<h2>A Pro-Crypto Shift in U.S. Policies</h2>
Speaking with <a href="https://www.foxbusiness.com/video/6364768291112?playlist_id=933116626001" target="_blank" rel="nofollow noopener">Fox Business</a>, Garlinghouse hailed President-elect Donald Trump as a “crypto president,” emphasizing his commitment to innovation and blockchain adoption. "Finally, we have a President who sees opportunity, innovation, and entrepreneurship," Garlinghouse noted, pointing out the change as a game-changer for U.S.-based cryptocurrencies like XRP, Solana (SOL), and Cardano (ADA).

<a href="https://twitter.com/bgarlinghouse/status/1857551693967216766">https://twitter.com/bgarlinghouse/status/1857551693967216766</a>

The reduction of regulatory pressure, particularly from the U.S. Securities and Exchange Commission (SEC), has further catalyzed XRP’s growth. Garlinghouse highlighted the SEC’s prior role in stifling crypto development but expressed optimism about pro-crypto leaders under the new administration.
<h3>Whale Activity and Market Growth</h3>
XRP’s derivatives market saw a 13% spike, accompanied by a surge in whale transactions, including a $52.8 million transfer. These developments indicate heightened interest from large investors, boosting trading volume by 25% and pushing XRP’s market cap to $51.92 billion.
<h2>What’s Next for XRP?</h2>
Currently trading at around $0.91, XRP is poised to break the $1 mark, with some analysts forecasting a potential climb to $1.50 if the positive regulatory environment persists. However, market sentiment remains mixed, with 65% of futures trades still betting against further gains.

As the U.S. shifts towards a more crypto-friendly stance, XRP’s outlook appears promising. However, the volatile nature of the crypto market means caution is still warranted.

<em><strong>Disclaimer: </strong></em>The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

XRP Hits 2-Year High Amid Optimism for U.S. Crypto Regulations

Ripple CEO Brad Garlinghouse credits XRP's surge to easing U.S. regulatory pressures and rising investor confidence in crypto-friendly policies.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

XRP Hits 2-Year High Amid Optimism for U.S. Crypto Regulations

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