XRP Bitcoin has outperformed other major crypto assets in the past 24 hours, apparently driven by Ripple CEO Monica Long's optimism about impending XRP ETFs and CEO Brad Garlinghouse's meeting with Donald Trump.

Assets linked to Ripple and the native token XRP Ledger rose 4% in the last day to the current price of $2.32. Bitcoin and Ethereum Both gained less than 1%, according to data from Queen Gekko.

Some of this price action may be attributed to continued speculation around XRP ETFs, which Long believes are “likely to be next in line after Bitcoin and Ethereum” – both of which saw US spot ETFs approved for trading in 2024.

Talk to bloomberg, Ripple's CEO said she believes the XRP ETF will pay off "Very soon."

This echoes sentiments previously shared by Garlinghouse, who called for approval XRP ETF “inevitable“In October. So far companies like 21 shares and Bitwise The XRP company has already applied to launch an XRP ETF, and optimism about potential approvals has been cited due to the surge in XRP prices late last year.

Garlinghouse also fanned the flames of excitement around XRP on Tuesday, Post a photo From a dinner with Donald Trump and Ripple's Chief Legal Officer Stuart Alderotti on X (formerly Twitter).

“Strong start to 2025,” Garlinghouse said.

Trump's return to the White House and his incoming administration have been cited as reasons why Long is optimistic that XRP and "various crypto ETF assets" may gain approval in 2025 in the US.

XRP has been making significant gains in the past few months, reaching a price point that has not been maintained since 2018 and is on its way to briefly becoming a currency. The third largest currency By market value.

In addition to gains in the native token, the XRP Ledger has seen increased activity, breaking records for the highest account activations ever in December as Economy currency meme Showed signs of life.

The token is currently trading at $2.32, more than four times its price before the US elections in November. XRP reached $2.82 in December before cooling off along with other major assets such as Bitcoin. The Ripple-pegged coin is currently trading 32% down from its all-time high of $3.40 in January 2018.

Modified by Andrew Hayward