XRP climbed to its highest level since January 2018, driven by optimism surrounding emerging crypto regulations, even as the US Securities and Exchange Commission (SEC) filed an appeal against a key court ruling.
The price of XRP surged to $3.20 on Jan. 15, marking a seven-year high, before retreating slightly to $3.09 as of 8:45 a.m. UTC on Jan. 16. CoinMarketCap data shows XRP gained over 32% in the past week.
This rally occurred despite the SEC’s appeal filed on Jan. 15. The agency seeks to overturn a July 2023 decision by District Judge Analisa Torres, which ruled that XRP sales to retail investors were not unregistered securities.
Ryan Lee, chief analyst at Bitget Research, noted that XRP’s price momentum is largely due to Ripple Labs’ partial legal victories and growing investor optimism about regulatory clarity.
“XRP’s surge can be attributed to favorable outcomes in Ripple’s SEC lawsuit and a more crypto-friendly political climate in the US. If regulatory uncertainties are resolved, the influx of institutional investors could further solidify XRP’s position in the crypto market,” Lee told Cointelegraph.
RippleNet’s expanding adoption has also strengthened XRP’s appeal in the market, Lee added.
Investor confidence is rising ahead of US President-elect Donald Trump’s inauguration on Jan. 20. His administration is expected to provide greater regulatory clarity for cryptocurrencies and consider the Bitcoin Act, aimed at establishing a strategic Bitcoin reserve for the US economy.
Looking ahead, an XRP exchange-traded fund (ETF) could serve as a major price catalyst in 2025. JPMorgan estimates that an approved XRP ETF could attract $3 billion to $6 billion in net new investments, similar to Ether ETFs.
Some analysts predict XRP could surpass $14, supported by technical indicators like a bullish pennant formation. Crypto analyst Steph Is Crypto highlighted potential targets of $14 and $5 in a recent post.
As Donald Trump prepares to take office as the 47th president of the United States, speculation is growing about the inclusion of US-based cryptocurrencies in a potential strategic reserve.
The New York Post reported on Jan. 16 that Trump is “receptive” to the idea of forming a strategic reserve emphasizing cryptocurrencies like USD Coin (USDC), Solana (SOL), and XRP, rather than Bitcoin (BTC). The report cited unidentified sources who claimed the proposal could sideline Bitcoin, the largest cryptocurrency by market cap.
Rumors intensified after Trump recently dined with Ripple CEO Brad Garlinghouse and chief legal officer Stuart Alderoty. Garlinghouse shared a photo from the meeting, describing it as a “strong start to 2025.”
Trump’s Bitcoin Reserve Pledge
The idea of a national Bitcoin reserve gained momentum in July 2024, when Trump vowed during the Bitcoin 2024 conference in Nashville that his administration would maintain government-held Bitcoin holdings. He announced plans to create “a strategic national Bitcoin reserve” in his speech.
Following this, Senator Cynthia Lummis introduced the Bitcoin Act on July 31, outlining a strategy for the US Treasury to purchase up to 200,000 BTC annually, with the goal of building a 1 million BTC reserve over 20 years.
Trump’s pro-crypto stance has also been evident through his nomination of Paul Atkins as the new SEC chair, a move seen as signaling more lenient cryptocurrency regulations.
Community Reactions
The crypto community has reacted strongly to rumors that altcoins may take precedence over Bitcoin.
Almeida, co-founder of Orquestra, criticized the potential move, stating, “It’s very disappointing if true. Credibility goes to -1.”
Meanwhile, David Bailey, CEO of BTC Inc, dismissed the idea as “fake news,” sarcastically referring to Ripple as “Kamala coin.”
Elon Bromance could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did.
Elon Bromance (ELOBRO), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days.
This is because ELOBRO is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up.
Currently, Elon Bromance can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Elon Bromance could become the next viral memecoin.
Elon Bromance launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Elon Bromance on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Elon Bromance by entering its contract address – FY7aYv7K3yEE9Z8hzgURj5z7biTE8Z6BpunBPAnCEpxj – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELOBRO.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump AI Coin (TRUMPAI) could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump AI Coin (TRUMPAI), a Solana memecoin launched today, is set to explode over 14,000% in price in the coming days.
This is because TRUMPAI is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump AI Coin (TRUMPAI) can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump AI Coin (TRUMPAI) could become the next viral memecoin.
Trump AI Coin (TRUMPAI) launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Trump AI Coin (TRUMPAI) on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump AI Coin (TRUMPAI) by entering its contract address – GmW5qPRZ4TfoTw6U1KL9Btxn1uqXJJhieMAfeJk4wkbg – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPAI.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Bitcoin could struggle to maintain momentum even if it reclaims the $100,000 level, according to new analysis.
In a Jan. 16 X post, trading resource Stockmoney Lizards predicted that BTC/USD still has weeks of rangebound trading ahead.
$102,000: A Tough Barrier for Bitcoin
After bouncing from recent two-month lows, Bitcoin’s recovery remains uncertain. Stockmoney Lizards highlighted that while Bitcoin has touched $100,000, a stronger resistance level at $102,000 poses a significant challenge.
“BTC is entering a resistance zone (upper channel level),” the analysis stated, accompanied by a 4-hour chart.
“Fibs are drawn here and should guide future short-term PA: 1. 91-92k is the high volume lower support level (1.618 Fib Extension) 2. If BTC moves higher, the previous high at 102k will be the hardest nut to crack.”
At the time of writing, BTC/USD hovered around $99,000, buoyed by positive US inflation data. However, Stockmoney Lizards cautioned that a bull market recovery in January remains unlikely.
“Conclusion: A rejection from here is likely, we expect BTC to continue trading in the 90-100k range in the next weeks,” the post added.
Mixed Sentiment Among Traders
Other analysts echoed the challenges at $102,000. Popular X account BigMike7335 noted, “$BTC must flip $102k into support to remove us from the threat of the triangle IMO,” sharing a 12-hour chart with key indicators.
Meanwhile, some traders remained optimistic, pointing to the invalidation of a bearish head and shoulders reversal pattern.
“And just like that, head and shoulder breakdown sellers completely and utterly rekt,” trader Bluntz tweeted.
Bitcoin’s price action continues to captivate traders, as many await further clarity on whether it can sustain its gains or face renewed selling pressure.
Trump AI Coin (TRUMPAI) could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump AI Coin (TRUMPAI), a Solana memecoin launched today, is set to explode over 14,000% in price in the coming days.
This is because TRUMPAI is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump AI Coin (TRUMPAI) can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump AI Coin (TRUMPAI) could become the next viral memecoin.
Trump AI Coin (TRUMPAI) launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Trump AI Coin (TRUMPAI) on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump AI Coin (TRUMPAI) by entering its contract address – GmW5qPRZ4TfoTw6U1KL9Btxn1uqXJJhieMAfeJk4wkbg – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPAI.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump AI Coin (TRUMPAI) could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump AI Coin (TRUMPAI), a Solana memecoin launched today, is set to explode over 14,000% in price in the coming days.
This is because TRUMPAI is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump AI Coin (TRUMPAI) can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump AI Coin (TRUMPAI) could become the next viral memecoin.
Trump AI Coin (TRUMPAI) launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Trump AI Coin (TRUMPAI) on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump AI Coin (TRUMPAI) by entering its contract address – GmW5qPRZ4TfoTw6U1KL9Btxn1uqXJJhieMAfeJk4wkbg – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPAI.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Cryptocurrency-based exchange-traded products (ETPs) could attract substantial new investments if approved, according to a report by JPMorgan.
Investors are increasingly optimistic about the approval of the first spot Solana (SOL) and spot XRP ETPs, especially with expectations of a more favorable regulatory environment under President-elect Donald Trump, who takes office on Jan. 20.
In a Jan. 13 report shared with Cointelegraph, JPMorgan estimated that SOL and XRP ETPs could surpass the performance of spot Ether (ETH) ETFs within their first six months of trading.
“When applying these so-called ‘adoption rates’ to SOL and XRP, we see SOL attracting roughly $3 billion–$6 billion of net assets and XRP gathering $4 billion–$8 billion in net new assets,” the report stated.
The forecast comes after the first anniversary of U.S. spot Bitcoin ETFs, which reached nearly $110 billion in cumulative holdings on Jan. 2. Bitcoin ETFs accounted for around 75% of new investments when Bitcoin reclaimed $50,000 in February, just a month after their debut.
However, altcoin ETP adoption remains uncertain due to fluctuating investor demand. While Bitcoin ETFs saw a 6% adoption rate and Ether ETFs achieved 3% in their first six months, interest in altcoins like SOL and XRP is less predictable.
“Outside of a few primary tokens (BTC, ETH, SOL), the episodic nature of the crypto market is driven by varying investor sentiment and trendy new coins that may capture incremental attention for a limited time,” JPMorgan’s report explained.
Several asset managers, including VanEck, Grayscale, and 21Shares, have submitted applications for Solana ETFs. The U.S. Securities and Exchange Commission is expected to make preliminary decisions by late January, with Grayscale’s deadline set for Jan. 23 and others by Jan. 25.
Alejo Pinto, founder of Solana Layer-2 network Lumio, commented, “An ETF approval in the U.S. would have a positive price impact on Solana since the probability is low and therefore not yet priced in.”
Trump AI Coin (TRUMPAI) could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump AI Coin (TRUMPAI), a Solana memecoin launched today, is set to explode over 14,000% in price in the coming days.
This is because TRUMPAI is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump AI Coin (TRUMPAI) can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump AI Coin (TRUMPAI) could become the next viral memecoin.
Trump AI Coin (TRUMPAI) launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Trump AI Coin (TRUMPAI) on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump AI Coin (TRUMPAI) by entering its contract address – GmW5qPRZ4TfoTw6U1KL9Btxn1uqXJJhieMAfeJk4wkbg – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPAI.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Trump AI Coin (TRUMPAI) could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did.
Trump AI Coin (TRUMPAI), a Solana memecoin launched today, is set to explode over 14,000% in price in the coming days.
This is because TRUMPAI is set to soon be listed on numerous crypto exchanges, according to reports.
This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings.
Currently, Trump AI Coin (TRUMPAI) can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days.
Early investors in SHIB and DOGE made astronomical returns, and Trump AI Coin (TRUMPAI) could become the next viral memecoin.
Trump AI Coin (TRUMPAI) launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains.
How to Buy
To buy Trump AI Coin (TRUMPAI) on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump AI Coin (TRUMPAI) by entering its contract address – GmW5qPRZ4TfoTw6U1KL9Btxn1uqXJJhieMAfeJk4wkbg – in the receiving field.
If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others.
Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price.
If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner.
The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum.
This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like TRUMPAI.
Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.