John Deaton Announces 2026 Senate Run

John Deaton, a prominent lawyer and advocate for XRP holders, is gearing up for another run in the political arena. At a recent event in Worcester, Massachusetts, Deaton declared his intention to run for the US Senate in the 2026 elections, aiming to unseat incumbent Democratic Senator Ed Markey.

This announcement follows Deaton's previous attempt in 2024, when he ran against Senator Elizabeth Warren, ultimately losing by approximately 700,000 votes. Despite this setback, Deaton appears determined to secure a victory this time around, stating in a campaign video aired at the event, "I'm winning this time."

Cryptocurrency at the Forefront?

While the campaign announcement did not explicitly focus on digital asset policies, Deaton and Warren have previously clashed over their differing views on cryptocurrency. Deaton gained widespread recognition within the crypto community for his vocal support of XRP holders during Ripple Labs' legal battle with the US Securities and Exchange Commission (SEC).

Deaton is expected to face stiff competition in the 2026 election, not only from Markey but also from other potential contenders, including Seth Moulton, who represents Massachusetts's 6th Congressional District in the US House of Representatives. Notably, Markey, who will be 80 years old next year, voted against the passage of the GENIUS stablecoin bill and has criticized crypto mining for its "extravagant electricity use."

A Repeat of 2024?

According to Mason Lynaugh, community director of Stand With Crypto, "We're never going to not be excited about someone advocating for [crypto] policy. He's going to have his own voters he's going to cultivate that are very excited to see someone like him saying these types of things publicly."

It remains to be seen what Deaton's chances are in a US state that typically leans Democratic. During his previous Senate campaign, cryptocurrency executives from Ripple, Gemini, and Kraken supported Deaton's run, contributing over $360,000 in the first quarter of 2024.


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