XRP News Today: Regulatory Shifts and Trade Progress Fuel XRP's Uncertain Ascent

U.S.-China trade negotiations, now in their second day in Kuala Lumpur, are inching toward a resolution that could pave the way for a high-level summit between President Donald Trump and President Xi Jinping, according to USTR Greer. U.S. Trade Representative Jamieson Greer indicated progress in talks covering a broad range of issues, including rare earths and trade measures, suggesting the leaders are nearing a "very productive meeting" ahead of their scheduled encounter in South Korea, a US News report said. Meanwhile, cryptocurrency markets are watching closely, as developments in trade policy and regulatory shifts in the U.S. could influence the trajectory of XRP, Ripple's native token.

Ripple, the San Francisco-based fintech firm, has recently bolstered its position in the crypto space through strategic acquisitions and political connections. The company joined major tech firms like Amazon and Google on a White House donor list, a move that has sparked optimism in the XRP community. Ripple's CEO, Brad Garlinghouse, emphasized the token's centrality to the company's operations, stating, "XRP is at the center of everything Ripple does," while highlighting recent acquisitions, including the $1.25 billion purchase of prime broker Hidden Road, the article noted. These moves align with broader regulatory shifts under the Trump administration, which has signaled a pro-crypto stance.

Adding to the bullish sentiment, President Trump appointed Mike Selig as the new Commodity Futures Trading Commission (CFTC) chair. Selig, a former SEC official with deep crypto expertise, is expected to foster regulatory clarity and harmonization between the SEC and CFTC. His appointment follows joint efforts to streamline crypto rules, including a September 2025 statement allowing spot crypto commodity products on registered venues. Industry leaders have praised Selig's background, with White House AI and Crypto Czar David Sacks calling him "deeply knowledgeable about financial markets" and "passionate about modernizing our regulatory approach."

XRP's price has already shown signs of responding to these developments. The token traded at around $2.55 as of October 25, up over 5% in the past 24 hours, the article reported. Analysts attribute the rebound to Ripple's White House ties, regulatory clarity, and the company's aggressive expansion. However, the road to a potential $5 price target remains uncertain. A recent Crypto News prediction noted that while ETF speculation and institutional demand could drive XRP higher, risks like regulatory uncertainty and macroeconomic factors persist.