Trump's announcement to include certain cryptocurrencies in the
strategic reserve, with
XRP among them, caused a significant run in the crypto market. The list also included bitcoin, Ethereum, ADA, and Solana, to name a few. As a result,
prices rose dramatically, fueling speculation on further growth. Despite the initial excitement, the market experienced ups and downs, shown by some coins, including
XRP, temporarily sinking due to Trump's trade war.
Moreover, the news of
Trump's crypto reserve led to notable
selloffs and huge amounts of cryptocurrency flowing into exchanges, which also affected the price volatility of
XRP.
Many experts and enthusiasts predict
XRP could reach
$10,000 following its inclusion in the strategic reserve. Meanwhile, activity on
XRP has been highly active, with a 620% increase in active addresses.
Regardless, the lawsuit from SEC against Ripple still looms, with the crypto world anxious for its resolution.
While some expect
XRP to challenge Ethereum strongly, others caution the cryptocurrency has not acted in its holders' interests. In addition,
Ripple CTO explains a surge in XRP price could boost the values of XRPL meme coins. Despite various market sentiments,
XRP's price continues to be a subject of critical analysis and speculation.
XRP Coin News Analytics from Tue, 18 Feb 2025 08:00:00 GMT to Wed, 05 Mar 2025 22:00:00 GMT -
Rating 4
- Innovation 7
- Information 5
- Rumor -5
