Ripple CEO Brad Garlinghouse has sparked optimism after stating they welcomed the “most pro-crypto congress in history”.
XRP finished 2024 over 300% when it’s price surged past $2.50, currently trading at $2.43.
Investors have highly anticipated Ripple’s XRP crypto to hit all-time highs and break into a new all-time high this year 2025.
The crypto market had a small correction leading to the Christmas holiday but has since recovered from its pullback, signaling continued bullish momentum.
On Friday, Ripple CEO Brad Garlinghouse stated to his 1 million followers on X, “Today, here in the US, we welcomed the 119th Congress—better known as the most pro-crypto Congress in history.”
“The journey is just beginning, but you can’t deny the energy & excitement already building across the industry.
Let’s get to work,” he continued.
With the debut of Ripple’s stablecoin, RLUSD, alongside becoming the third largest cryptocurrency by market cap, XRP is gaining serious attention.
This attention is leading to several XRP price predictions, which we cover all here on Daily Market News.
Garlinghouse’s post has sparked optimism among retail investors who had fears of XRP’s pullback in December.
Ripple’s mission is to build breakthrough crypto solutions for a world without economic borders, leading investors to believe XRP might just be the next Bitcoin in terms of the ‘next big cryptocurrency’ since the inception of BTC.
XRP is already leading the Asian markets as it outshines Dogecoin and Bitcoin in South Korea.
According to data from CoinMarketCap, XRP has outpaced Bitcoin in trading volumes on South Korea’s leading exchange, Upbit.
In the last 24 hours alone, XRP recorded over $606 million in volume, nearly three times that of Bitcoin’s $246 million.
Dogecoin followed with approximately $210 million in trading volume.
This trend is not isolated; other prominent exchanges like Bithumb, Coinone, and Korbit are seeing similar patterns, reflecting a robust interest in XRP among South Korean retail investors—a demographic known for driving major crypto rallies.
Today is definitely an exciting to time for crypto, but especially for lower priced assets which massive potential like XRP.
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Also Read: IRS Now Delays Crypto Tax Reporting Requirements Until 2026
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