Ripple CEO Brad Garlinghouse recently shared news of a dinner meeting with President-elect Donald Trump and Ripple's Chief Legal Officer, Stuart Alderoty, at Mar-a-Lago, on X (formerly known as Twitter).
Alderoty, in a lighthearted remark, praised the beef bourguignon.
Held just weeks before Trump takes office, the meeting carries significant implications for XRP and Ripple, especially amid shifting dynamics in the cryptocurrency market.
Garlinghouse shared his optimism about the crypto market's trajectory, particularly following the US election, in a previous Fox Business interview.
He highlighted a shifting stance within the US government, noting that while the industry has long faced regulatory pressure—especially from the SEC—there is now potential for growth under the new administration and a more receptive Congress.
Garlinghouse pointed to the rising value of US-based crypto assets, including XRP, as regulatory scrutiny begins to ease.
Criticising the SEC's actions, he revealed that Ripple has spent over $150 million defending itself against what he called an unlawful regulatory "war" on crypto.
He also expressed hope that more states, already suing the SEC for overreach, would strengthen the fight against improper regulation.
Pro-XRP attorney John E. Deaton echoed these concerns, citing the SEC's aggressive tactics, including issuing personal subpoenas to Garlinghouse.
Despite these challenges, Ripple has emerged stronger, signalling a potentially brighter future for both the company and the broader crypto industry.
Ripple's momentum, bolstered by high-profile meetings with influential figures like Trump, is fuelling optimism around XRP's future.
Market sentiment remains bullish, with strong community support and speculation that XRP could soon surpass its all-time high.
Currently trading at $2.31—down 5.12% in the last 24 hours but up 8.40% over the past week according to CoinMarketCap—XRP continues to show resilience.
As regulatory dynamics shift and institutional interest grows, could 2025 be the year XRP finally breaks out?
The dinner follows a series of meetings between political leaders and key figures in the crypto space.
Coinbase CEO Brian Armstrong also recently met with Trump, highlighting that XRP is not the only project forging strategic alliances.
With Trump's inauguration approaching, which tech leaders will he meet next and what will be on the agenda?
But most importantly, other than beef bourguignon, what will be on the menu?
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Jasper
