Ripple just announced a $25 million donation to the Fairshake super PAC, aimed at supporting pro-crypto U.S. political candidates in the upcoming elections.
🔹 Why It Matters:
This move follows increasing regulatory pressure from the SEC, especially targeting Ripple and other altcoins.
Ripple is taking a more aggressive lobbying approach, trying to influence crypto legislation from the top down.
Combined with other industry giants like Coinbase and a16z, the total pro-crypto campaign fund now exceeds $85 million.
📊 Market Reaction (as of July 28, 2025):
XRP Price: $0.63 → slight bump of +3.1% on the announcement
XRP Open Interest: Up 6% in the last 24h on Binance Futures
Funding Rate: Turning positive — traders leaning bullish short-term
🧠My Take as a Trader:
I’m still cautious. Ripple’s fundamentals are strong, but until XRP clears the $0.70 weekly resistance, I’m staying on the sidelines. Might consider a breakout long if momentum continues and volume confirms.
💬 What do you think?
Is this political push good for the industry, or should companies focus more on innovation? Also, are you trading XRP or waiting for a breakout?
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