Pro-XRP Lawyer John Deaton Says ‘Trump Has To Drop’ The Case
On March 3, 2025, President Donald Trump announced the establishment of a strategic cryptocurrency protection zone in the United States. The reserve will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, SOLANA (SOL), and CARDANO (ADA). After the announcement, XRP’s value soared from $2.23 to $2.99. But will the ongoing legal battle with the Securities and Exchange Commission (SEC) affect everything.
Charles Gasparino of Fox Business pointed out that the case between Ripple and the SEC has had a big impact on XRP and the future of the U.S. economy. He believes that if former President Donald Trump stops taking action and the Securities and Exchange Commission continues to litigate Ripple, it could damage U.S. investment in cryptocurrencies.
But John Deaton, founder and attorney of Crypto Law, pointed out something interesting: A ripples lawsuit was filed before Trump’s first term ended under SEC chairman Jay Clayton. Now, four years later, XRP has the opportunity to become part of the world’s major cryptocurrency protected areas. Deaton believes that if Trump does not intervene and the case continues, the United States may lose big opportunities in the growing opportunities in the crypto market. “He has to give it up,” Deaton said.
What’s next for XRP?
The future of XRP and Ripple depends to a lot on the SEC situation. If Ripple can solve this problem, XRP could become a major part of the digital currency world. As Deaton said, this is a critical moment for the entire crypto industry, not just ripple. How to handle SEC cases will not only affect XRP, but also the future of cryptocurrencies in the United States and beyond.
All in all, while Ripple and XRP’s path forward remains uncertain, it’s clear that decisions made in this case can impact the future of cryptocurrencies, and XRP plays a key role in the new world of digital finance.