#OnChainLendingSurge

XRP Bullish Developments Offer Hope

The recent meeting between Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Aldroti with President-elect Donald Trump offers hope for potential future gains in the price of XRP. Additionally, this meeting, which took place before Trump’s inauguration, is certainly a bullish sign.

The potential launch of an XRP exchange-traded fund (ETF) this year, as Monica Long noted, has also helped stabilize the token. Additionally, Woorton, a Paris-based market maker, noted, “We are seeing a buying bias towards XRP from our franchises this week, particularly from retail brokers and native crypto funds.”

This positive development surrounding XRP has the potential to boost the token’s price, but market sentiment is muting its impact. Currently, XRP looks weak and could see further price declines in the coming days, which could be an opportunity to add to your holdings.