Will XRP's Price Finally Get Its Big Break? 🚀

Well, well, well… After what felt like an eternity, Donald Trump’s pick for the SEC Chair, Paul Atkins, has finally been given the thumbs up by the Senate committee. Now, the whole Senate needs to weigh in, but let’s not get ahead of ourselves. The mere whisper of Atkins’ name has already sent ripples through the crypto world, causing the XRP price to perk up like a cat hearing a can opener. 🐱

And Then There Were Two…

Paul Atkins has sailed through the US Senate Banking Committee’s vote, 13-11, putting him one step closer to the SEC throne. And guess who else is in the running? Jonathan Gould, nominated to lead the OCC. Both are now waiting for the full Senate’s blessing, fingers crossed! 🤞

If they make it, they’ll have a say in shaping crypto rules thanks to their pro-crypto stance. And wouldn’t you know it, the XRP price has felt the impact. But hold your horses, folks; the Democrats aren’t too thrilled about this, with Senator Elizabeth Warren leading the charge against Atkins. She’s worried about his past ties with FTX and his role in the 2008 financial crisis deregulation. 🙄

Soaring High, But For How Long?

Today, the XRP price is flying high, up nearly 3%. It’s a breath of fresh air after the recent crash below the $2 mark. But don’t pop the champagne just yet. Trading volume is down 29%, suggesting investors might be feeling a bit bearish. However, the XRP futures filing by Coinbase is giving bulls something to cheer about. 🎉

XRPL is set to go live on April 21, 2025, and if all goes well, we might see a surge in institutional participation. Add to that the anticipation of XRP ETF approval this year, and you’ve got a recipe for a potential price hike. But remember, the SEC’s closed-door meeting on April 3 has left us hanging. We’re all waiting with bated breath for any news that could tip the scales. 🤔

Can Paul Atkins Be the Key to XRP’s New ATH?

The XRP price has had a rough few years, but things started looking up when Gary Gensler resigned from the SEC Chairperson role. Experts reckon that a crypto-friendly chair like Paul Atkins could be the missing piece to push XRP to new heights. And according to crypto analyst CRYPTOWZRD X, if the stars align, we could see XRP reaching $2.80 and then soaring to $3.65. 🚀

But let’s keep our feet on the ground. A lot of variables come into play, and only time will tell if XRP’s price will finally break free from its chains. Stay tuned for more updates! 🕰️

2025-04-04 15:04

Will XRP’s Price Finally Get Its Big Break? 🚀

And Then There Were Two…

Soaring High, But For How Long?

Can Paul Atkins Be the Key to XRP’s New ATH?

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