XRP Price Prediction: Can Ripple's XRP 5x in Bull Run as Trump appoints new SEC chair and altcoin rallies

December 5, 2024
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4 min read

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

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Ripple’s XRP has once again become the center of attention as political and market shifts create waves in the crypto space. With Trump appointing a new SEC chair, many are speculating whether this leadership change could bring regulatory clarity and open new doors for Ripple. XRP’s recent price movements and the broader altcoin rally further fuel the buzz, with some questioning whether the token could achieve a 5x surge. 

Meanwhile, JetBolt has emerged as another altcoin gaining attention during this rally. With over 100 million tokens sold, it’s showcasing strong momentum powered by zero-gas transactions, instant finality, and user-friendly staking features. 

As newer entrants like JetBolt continue to innovate, the competition in the altcoin space grows fiercer—adding pressure on established tokens like XRP to maintain their position.

New SEC Chair: A Turning Point for Ripple?

Ripple’s battle with the SEC has been a major part of its story so far. Earlier this year, the court ruled that XRP sales on exchanges aren’t securities, but full regulatory clarity is still out of reach. Now, with Trump reportedly appointing Paul Atkins—a known supporter of lighter regulation—as the next SEC chair, things could get interesting. A crypto-friendly leader like Atkins might finally give Ripple and XRP the clarity they need.

Some believe that with Atkins in charge, Ripple could land more partnerships and attract institutional interest in its cross-border payment solutions. But it all comes down to how quickly and decisively the new leadership tackles these long-standing regulatory questions.

XRP Price Prediction: Can Ripple Lab’s Token Really 5x?

For XRP to reach $11.70—a 5x from its current price of $2.34—it needs a boost from regulatory clarity, stronger adoption, and increased network activity. However, recent data shows XRP’s payment volume has dropped sharply from 31.2 billion transactions to 900 million, signaling waning usage or interest. 

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XRP’s daily technical indicators, with some analysts warning traders that XRP tokens may be in overbought territories

XRP’s daily technical indicators, with some analysts warning traders that XRP tokens may be in overbought territories. Source: TradingView

Active accounts have also leveled off, suggesting XRP’s recent rally may have been driven by speculative trading rather than widespread adoption. These factors, combined with overbought technical indicators like the RSI, hint at a potential cooling period for XRP, with key support levels at $2.00 and $2.50 in focus.

Despite this, XRP retains bullish momentum, with moving averages across all timeframes pointing to strong buy signals. If Ripple can reignite demand and transaction activity while riding the broader altcoin rally, XRP’s path closer to $11.70 could become a reality in the long term. 

However, without renewed utility or a surge in active participation, XRP faces challenges in sustaining its recent growth. Market observers suggest that traders should watch volume trends and market sentiment closely as the situation develops.

JetBolt Hits 100 Million Tokens Sold: Redefining Blockchain Speed and Accessibility

JetBolt (JBOLT) has already sold over 100 million tokens, proving its appeal as next-gen altcoin that delivers where others fall short. Built on the Skale network, it takes the frustration out of crypto with Zero-Gas Technology and instant finality. 

Whether you’re making payments, exploring dApps, or diving into gaming platforms, JetBolt’s Zero-Gas Technology by Skale delivers a smooth, gas-free experience. JetBolt’s near-instant finally feels like a breath of fresh air for anyone fed up with sluggish transactions and steep fees.

JetBolt’s staking features are just as impressive, making earning rewards simple and engaging. Stakers can log in daily to claim rewards or augment your rewards by staking and connecting with friends while—it’s staking with a social twist. 

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JetBolt’s AI-driven tools push things even further, displaying an aggregation of crypto trends and the market sentiment they correspond to. For developers, JetBolt’s zero-gas setup and speed make it a prime choice for creating efficient, scalable dApps. 

Add in JetBolt’s intuitive Web3 wallet with Face ID which empowers users, and you’ve got a platform built for accessibility without compromising blockchain capabilities and speeds.

With its focus on ease of use, cutting-edge features, and practical solutions, JetBolt isn’t just another crypto presale—it’s shaping up to be one of the most intriguing new altcoins for 2025.

XRP Price Prediction: Can Ripple's XRP 5x in Bull Run as Trump picks new SEC chair and altcoin rallies

In Summary: 

XRP’s chances of 5x growth hinge on big factors like clearer regulations, stronger adoption, and a massive boost in network activity. With Trump’s SEC pick, Ripple might finally get the clarity it’s been waiting for, but dropping transaction volumes and active accounts are not the most encouraging. 

With XRP’s ups and downs, whales have accumulated emerging altcoins for 2025. JetBolt’s success with over 100 million tokens sold shows how newer altcoins are gaining momentum and shaking up the competition. 

As the crypto market evolves, analysts suggest that tracking key metrics and price levels will be essential for understanding XRP’s trajectory and bigger impact on the cryptocurrency market. 

Learn more about JetBolt’s ecosystem by visiting its official website today. 

Disclaimer: This article should not be taken as financial advice. Readers interested in crypto trading should be aware of the inherent risks and volatility of all cryptocurrencies. Do your own research and keep in mind that past performance does not guarantee certain results for any crypto coin or token. 

This Brand Press post is for informational purposes only and should not be interpreted as financial or investment guidance. Always ensure to carry out due diligence.

About Brand Press: This is a sponsored content service, enabling brands to directly engage with our technology-focused audience. Please note that Brand Press content is created independently of Techpoint Africa's editorial team.

Interested in reaching our dynamic readership? Connect with us at business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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