Can Ripple’s XRP quintuple in bull run as Trump names new SEC chairman and altcoin rallies take place?

Ripple’s XRP has once again become the center of attention as political and market changes make waves in the crypto space. With Trump naming a new SEC chairman, 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 are fueling the excitement even further, with some wondering whether the token could achieve a five-fold increase.

Meanwhile, JetBolt has emerged as another altcoin gaining attention during this rally. With over 100 million tokens sold, it shows strong momentum based on zero gas transactions, instant finality, and easy-to-use staking features.

As newer market entrants like JetBolt continue to innovate, competition in the altcoin space is becoming fiercer – increasing pressure on established tokens like XRP to maintain their position.

New SEC Chairman: A turning point for Ripple?

Ripple’s battle with the SEC has been an important part of its story so far. Earlier this year, the court ruled that XRP sales on exchanges are not securities, but full regulatory clarity is still elusive. Now that Trump is reportedly naming Paul Atkins — a well-known proponent of looser regulation — to be the next SEC chairman, things could get interesting. A crypto-friendly leader like Atkins could finally provide Ripple and XRP with the clarity they need.

Some believe that with Atkins at the helm, Ripple could forge more partnerships and attract institutional interest in its cross-border payment solutions. But it all depends on how quickly and decisively the new leadership addresses these long-standing regulatory issues.

XRP Price Prediction: Can Ripple Lab’s Token Really Increase Fivefold?

For XRP to reach $11.70 – five times its current price of $2.34 – it will need a boost from regulatory clarity, greater adoption and increased network activity. However, recent data shows that XRP’s payment volume fell sharply from 31.2 billion transactions to 900 million, indicating a decline in usage or interest.

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

Active accounts have also weakened, suggesting that XRP’s recent rally may be due to speculative trading rather than widespread adoption. These factors, combined with overbought technical indicators such as the RSI, suggest a possible cooling phase for XRP, with key support levels at $2.00 and $2.50 in focus.

Nevertheless, XRP maintains its bullish momentum, with moving averages across all time frames indicating strong buy signals. If Ripple manages to reignite demand and transaction activity while benefiting from the broader altcoin rally, XRP’s approach to $11.70 could become a long-term reality.

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However, without renewed utility or an increase in active participation, XRP faces a challenge to maintain its recent growth. Market watchers suggest that traders should closely monitor volume trends and market sentiment as the situation develops.

JetBolt Reaches 100 Million Tokens Sold: Redefining the Speed ​​and Accessibility of Blockchain

JetBolt (JBOLT) has already sold over 100 million tokens, proving its appeal as a next-generation altcoin that delivers where others fail. 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, Skale’s JetBolt zero gas technology ensures a smooth, gas-free experience. JetBolt’s near-instant transaction finally feels like a breath of fresh air for anyone tired of slow transactions and high fees.

JetBolt’s staking features are equally impressive, making earning rewards easy and engaging. Stakers can log in daily to claim rewards or increase their rewards by staking while connecting with friends – these are staking with a social twist.

JetBolt’s AI-driven tools go one step further and display a summary of crypto trends and associated market sentiment. For developers, JetBolt is the top choice for building efficient, scalable dApps due to its zero-gas setup and speed.

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

With its focus on ease of use, innovative features and practical solutions, JetBolt is not just another crypto presale – it is shaping up to be one of the most intriguing new altcoins for 2025.

In summary:

XRP’s chances of 5x growth depend on key factors such as clearer regulations, greater adoption, and a massive increase in network activity. With Trump’s SEC decision, Ripple may finally get the clarity it has been waiting for, but the decline in transaction volume and active accounts is not particularly encouraging.

With XRP’s ups and downs, whales have been accumulating new 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 continues to evolve, analysts believe that tracking key metrics and price levels will be crucial to understanding XRP’s development and the larger impact on the cryptocurrency market.

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

Disclaimer: This article should not be construed as financial advice. Readers interested in cryptocurrency trading should be aware of the inherent risks and volatility of all cryptocurrencies. Do your own research and remember that past performance does not guarantee any specific results of a crypto coin or token.