Recently, Ripple’s Chief Legal Officer Stuart Alderoty had dinner at Trump’s Mar-a-Lago resort with Ripple CEO Garlinghouse and other Trump officials. This meeting stands out for Ripple due to the fact that the cryptocurrency market is quickly evolving, and setting itself in 2025 would set a fantastic stepping stone for the company.
Garlinghouse, on Monday, shared about the meeting on X which was previously known as Twitter and in the Tweet he expressed his optimism for the future of Ripple. Alderoty had a humorous opinion on the quality of the beef bourguignon served at the meeting.
While Ripple is still on the rise after its legal standout against the U.S. Securities and Exchange Commission (SEC), several crypto analysts have put their predictions for XRP to $3. With the prediction estimating the price surge being said in the meeting, the post shared on Twitter showed optimism and hope for the future.
XRP lawyers John E. Deaton and others voiced their opinions on Ripple’s performance against the SEC’s vicious litigation, saying that it was not only due to the company’s transparency long during the process, but the SEC’s improper actions during the discovery process that strengthened their case.
Brad Garlinghouse the ceo of Ripple also talked about how the company was improving its resources in America, with many jobs being comprehended on increasing US based positions. He added how there was a rise in U.S business contracts during late 2024 which would aid greatly help in the focus shift.
The dinner comes after a series of meetings with crypto supporters, including US Senator Cynthia Lummis, and Paul Atkins who is a possible SEC chairman when Trump takes office and with whom she has been working on the issues of blockchain technology. Ripple steadily develops its market presence due to new products like the RLUSD stablecoin and its partnership with Chainlink to bring price security into the DeFi world.
Because of the increasing adoption of the company’s solutions and the increasing value of XRP, the valuation of Garlinghouse’s company has increased. Garlinghouse has claimed that, given the current market realities, their previously established valuation of $11 billion is already outdated.
