- He believes the current market setup under Donald Trump’s return to power closely resembles 2017
- Pal pointed out that in 2017, Trump’s policies caused a surge in the US dollar, followed by a sharp reversal where the dollar weakened
- If the pattern that Pal pointed out repeats, XRP could see a second leg up in late summer or fall 2025
Macro investor Raoul Pal (CEO of Real Vision) believes that the current market setup under Donald Trump’s return to power closely resembles 2017 (the last time Trump entered office), which could set up another big altcoin boom, with XRP as a standout example.
He points out that in 2017, Trump’s policies caused a surge in the US dollar due to tight financial conditions, followed by a sharp reversal where the dollar weakened. The same thing happened this time, where the dollar rallied after Trump’s win and then began weakening.
Why 2025 Looks Like a Repeat of 2017
As for XRP, it historically lagged Bitcoin, first consolidating, then erupting in March 2017 and onwards by approximately 69,000%. For Trump’s second term, XRP surged 580% (from $0.50 to $3.40), and since February, it has consolidated. This phase would translate to a duration of 6 months – the same timing as before.
Looking at the historic data, XRP is famous (or infamous) for huge rallies when the market heats up. If the pattern that Pal pointed out repeats, XRP could see a second leg up in late summer or fall 2025.
Why is Raoul Pal’s view notable?
He is respected in macro and crypto circles because he predicted Bitcoin’s 2020 rally driven by institutional adoption, and he consistently uses macro liquidity cycles to frame crypto booms.
Pal’s thesis on Trump’s economic policy is that it tends to lead to short-term dollar strength, followed by a deliberate weakening. That weakening provides a favorable environment for speculative assets, especially crypto, and he believes the 2025 cycle is playing out just like the 2017 cycle.
Interestingly, this view is also shared by other macro analysts such as Arthur Hayes, who has noted that a combination of dollar weakness and fiscal expansion could propel crypto into a parabolic surge.
Another macro analyst, Lyn Alden, has warned that US debt monetization is bullish for Bitcoin and high-beta altcoins.
As for XRP itself, Ripple has been aggressively investing in tokenized real-world assets (RWAs) on XRP Ledger. Additionally, there are rumors that Ripple might pursue an IPO, which could further raise the profile of XRP.
Still, while this XRP setup is compelling, it’s worth noting that history doesn’t always repeat. Some analysts caution that even if XRP rallies, a big rally like the last time Trump was in office is highly unlikely.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
