After years of turmoil driven primarily by the pressure from the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), things started looking up once XRP gained legal clarity that it was not a security.
Though the ruling didn’t completely prevent the SEC from pursuing an unregistered securities claim, the positive developments started gaining momentum in November 2024 as Donald Trump was re-elected president of the United States and Gary Gensler confirmed he would resign as Chair of the regulatory agency.
The developments fueled significant optimism about XRP’s future and again made investors hopeful that their positions in the token might make them millionaires.
Is XRP losing steam in 2025?
By February 12, 2025, XRP’s prospects appeared less certain than even one month ago, though the cryptocurrency had already made a millionaire – even if temporary – out of anyone whose position was bigger than $151,000 on November 1.
Indeed, the to
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