With Trump’s inauguration, the cryptocurrency markets became more dynamic, yet the situation has recently turned against us. As various legal cases involving cryptocurrencies conclude, the prospects for XRP Coin have brightened, making it the only major altcoin to maintain significant gains since the November elections.
Trump and XRP Coin
The new SEC administration appointed by Trump continues to investigate the Ripple 
$ 2 case. According to recent reports from FOX News, the agency is examining whether XRP Coin can be classified as a commodity. Previous reports indicated that Ripple’s lawyers were seeking compromises to reduce penalties, which has prolonged the process. While legal proceedings have concluded for platforms like Robinhood, UniSwap, and Coinbase, we should see a resolution for XRP Coin without further delay. 
If the SEC is indeed preparing to clarify XRP’s status and align it with ETH, then Ripple’s lawyers may successfully conclude the process with significant victories.
Trump’s Ongoing Remarks
Meanwhile, Trump continues to speak out, sharing notable headlines such as;
- “We need to make a deal regarding Greenland. I believe the annexation of Greenland will happen.
- The egg price issues were left to me. The EU and China are treating us very poorly. The EU is terrible. The EU takes billions from American businesses. Lockdowns could lead to very high taxes. I will not yield on Canadian products or the April 2nd tariffs.”
