XRP lawyer John Deaton says “Trump has to drop”

On March 3, 2025, President Donald Trump announced the establishment of a strategic cryptocurrency reserve in the United States. The reserve includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Following the announcement, the value of the XRP skyrocketed from $2.23 to $2.99. However, the ongoing legal battle with the Securities and Exchange Commission (SEC) could have an impact on everything.

Fox Business’s Charles Gasparino noted that the lawsuit between Ripple and the SEC will have significant consequences for the future of XRP and the US economy. He believes that former President Donald Trump does not act immediately and that if the SEC continues to litigate against Ripple, it could undermine American investment in cryptocurrency.

But John Deaton, founder and lawyer of Crypto Law, pointed out something interesting. Under the guidance of SEC Chairman Jay Clayton, the Ripple lawsuit was filed shortly before the end of Trump’s first term. Four years later, XRP has the opportunity to become part of a major global cryptocurrency reserve. Deaton argues that if Trump doesn’t step in and the incident continues, the US could lose a great opportunity in the growing crypto market. “He has to drop it,” Deaton said.

What’s next for XRP?

The future of XRP and Ripple will depend heavily on how the SEC case works. If Ripple can solve the problem, XRP could become a major part of the digital currency world. As Deaton said, this is not just a ripple, but a key moment for the crypto industry as a whole. How the SEC case is handled will affect not only XRP, but also the future of cryptocurrencies in the US and beyond.

In conclusion, the path beyond Ripple and XRP is still uncertain, but one thing is clear. The decisions made in this case could shape the future of cryptocurrency, and XRP plays a key role in the new world of digital finance.