Ripple $2.3 CEO Brad Garlinghouse announced on social media that he had a dinner at Trump’s Mar-a-Lago resort with former US President Donald Trump and Ripple’s Legal Director Stuart Alderoty. This meeting is seen as an important beginning of 2025 for Ripple.
Details of the Meeting
In his post on platform X, Garlinghouse stated that the dinner with Trump and Alderoty was a positive start for Ripple. Legal Director Alderoty commented on the menu of the meal in a humorous way.
Legal Developments and Analysts
Ripple attracts attention with its legal victory against the US Securities and Exchange Commission (SEC). Crypto analysts are giving positive signals that the value of XRP will increase, with some predicting that the price could rise as high as $3.
The Company’s US-Focused Strategy
Garlinghouse explained that Ripple is focusing its operations more on the US market, with a third of the new positions being located in the US. He also noted that the company has signed more U.S. labor contracts in the past six weeks.
Innovative Products and Partnerships
Ripple is making strong progress in the blockchain space by launching new products. Monica Long, the company’s president, stated that they expect the recently launched RLUSD stablecoin to be listed on many platforms. Also, Chainlink $20.9 announced that they are working on secure pricing integration into the DeFi ecosystem.
Ripple’s valuation has increased with rising XRP prices and adoption of its solutions. Brad Garlinghouse stated that the current situation regarding the company’s $11 billion value should be updated.
Ripple and Brad disclosed all XRP transactions, the SEC acted improperly in the process.
Ripple emerged stronger despite the SEC’s aggressive approach.
Ripple’s latest moves show that the company is in a strong position both legally and in the market. The strategy of focusing on the US market and new products indicate that Ripple has further growth potential in the future.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.