Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times.

Elon Musk’s social network X has raised close to $1 billion in new equity from investors in a deal that values the company at roughly $32 billion, according to people with knowledge of the matter — a valuation in line with when Musk took it private in 2022.

Given the clear pro-crypto emphasis of the Trump administration, the thinking now is that, whatever happens next, it will be in XRP's favor.

XRP price is rising after Ripple CEO Brad Garlinghouse confirmed that the SEC will drop its appeal soon. Traders are optimistic that Ripple could hit $10

XRP climbed Wednesday night as crypto users discussed a new report regarding the SEC supposedly wrapping up its case against Ripple, the largest known corporate holder of the $XRP token and the overseer of the XRP Ledger's development.