Best Wallet Coin Raises $7.6M as XRP Nears All-Time High
Watch out, XRP is coming! After the US presidential election, XRP’s engine started to rev. Now, with just hours left until President Trump’s inauguration, XRP is taking off!
XRP rises to near all-time high
Ripple’s cryptocurrency XRP surged to near all-time highs, peaking at $3.31, up 6.35% in 24 hours.
This momentum is fueled by rising optimism about Ripple. There is growing talk about the approval of an XRP-based exchange-traded fund (ETF) and favorable developments in its long-running legal battle with the U.S. Securities and Exchange Commission (SEC).
The SEC originally filed a lawsuit against Ripple in 2020, accusing the company of conducting an unregistered securities offering. However, recent rulings have had a positive impact on Ripple, with the judge imposing a fine of $125 million, far less than the $2 billion originally requested by the SEC.
The SEC’s subsequent appeal came as expected. But with incoming President Trump taking office, many investors expect a more crypto-friendly regulatory environment to reduce the chances of the SEC winning any major reversal.
Meanwhile, Ripple’s leadership has expressed confidence that the XRP ETF will follow in the footsteps of the Bitcoin and Ethereum ETFs.
CEO Brad Garlinghouse Recently met with President-elect Donald Trumpfurther fueling speculation about regulatory changes and an environment decidedly favorable to cryptocurrencies.
The nomination of Paul Atkins as the new SEC chairman, a decidedly pro-cryptocurrency leader, is also expected to pave the way for more cryptocurrency ETFs.
A new era for low-cap coins?
Memecoins ended 2024 strongly and have grown steadily so far in 2025. As Bitcoin continues its climb and XRP surges, the blue-chip cryptocurrency is setting the stage for a resurgence in lower market cap coins.
One of the tokens is BEST wallet tokena pre-sale product from the leading web3 wallet, best wallet. It has raised $7.6 million, promising enhanced utility and access to the broader BEST wallet ecosystem for $BEST token holders.
The $BEST token looks set to ride the same wave as Ripple’s XRP; key market momentum is boosted by strong fundamentals and a bullish outlook from U.S. government regulators. The coin is part of an emerging wave Crypto pre-sale Be prepared to take big steps.
Trump’s presidency could make him the first cryptocurrency president. He is definitely going all-in on the cryptocurrency space due to recent developments such as his plans to start a cryptocurrency company U.S. National Cryptocurrency Reserve exhibit.
Trump family moves into cryptocurrency
Just three days before the inauguration, President-elect Donald Trump made a surprising move Announcing the launch Meme coin $TRUMP on the Solana blockchain. After the unexpected issuance of the token, its market capitalization quickly surged to over $9B.
First lady-elect Melania Trump subsequently launched her own meme coin, $MELANIA, which also attracted significant attention, stealing $TRUMP’s thunder and rising in less than 3 hours reached a market value of 12B and then gradually disappeared.
Whether you should buy $TRUMP or $MELANIA depends on your appetite for risk and volatility. But by all accounts, the Trump family’s token has become a significant mover in the market. Of course, it’s best to do your own research and never take anyone’s word as financial advice! As always, volatility is the name of the game for cryptocurrencies.
But even if it’s just a pre-election PR stunt, $TRUMP and $MELANIA are clear indications of how the Trump administration intends to support cryptocurrencies.
As $XRP and $TRUMP surge, and $best 2025 is quickly becoming a banner year for the crypto world.
