Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty recently met with former President Donald Trump at his Mar-a-Lago estate in Florida, marking an important moment in the crypto giant’s new year. Garlinghouse shared the encounter on social media platform X (formerly Twitter), saying, “Had a great dinner last night with @realDonaldTrump & @s_alderoty. Great start to 2025!”
The dinner conversation comes at a pivotal time for Ripple, which is experiencing a surge in momentum following its significant legal victory against the U.S. Securities and Exchange Commission (SEC). The case, which determined that XRP is not an unregistered security, has removed a major legal hurdle for the company and positioned Ripple to capitalize on new growth opportunities in the cryptocurrency space.
Legal expert John Deaton praised Ripple’s resilience throughout the SEC’s aggressive legal maneuvers, highlighting the company’s ability to withstand prolonged litigation. As a result, crypto analysts are optimistic about XRP’s prospects, with some forecasting a potential surge in its value, possibly reaching $3 per token.
In addition to legal victories, Ripple continues to innovate, launching the RLUSD stablecoin and forging key partnerships with other blockchain entities, including Chainlink. Ripple President Monica Long has emphasized RLUSD’s growing role in decentralized finance (DeFi) and its adoption across a variety of platforms.
The dinner between Ripple’s executives and Trump also comes amid heightened interaction between key figures in the crypto industry and U.S. policymakers. Notably, Senator Cynthia Lummis and former SEC official Paul Atkins, who is expected to play a significant role in the commission under a potential future Trump administration, are among those fostering these discussions.
As Ripple strengthens its market position and looks ahead to 2025, many in the industry view this year as one of transformative potential, not only for the company but also for the broader crypto sector.
Related topics:
Will XRP Hit $5? Whale Moves $700 Million Spark Predictions of Major Rally
Ethena Price Soars as Chainlink Whale Diversifies Portfolio to ENA
Bitcoin Mining Stocks Poised for Growth as Bitcoin Eyes $225,000