XRP price
has jumped 47% in the last week. This rally brought it to its old all-time high, and now some suggest that XRP might be ready to flip Ethereum. Many traders now see more room for growth in 2025. Years and years later, are they finally right? Trump may have started the XRP renaissance.
The crypto world has changed a lot since 2021. New rules and policies shape the market. President-elect Donald Trump has shown interest in American-based crypto.
BREAKING: Donald Trump is expected to propose forming an America-first crypto reserve that would “prioritize digital coins founded in the US,” per NY Post.
This would include coins like Solana, USD Coin and Ripple. pic.twitter.com/81q7t737cy
— The Kobeissi Letter (@KobeissiLetter) January 16, 2025
Reports say he wants an “America-first” crypto reserve. This plan may include Solana, USD Coin, and XRP. He met with the founders of these projects and wants to promote U.S. blockchain innovation.
Some Bitcoin fans do not like this idea. They believe Trump should focus on Bitcoin and worry that pushing U.S.-made coins could weaken Bitcoin’s role. Supporters of Trump’s plan say it can help the U.S. become a leader in crypto and bring more money and new jobs into the country.
Ripple, the company behind XRP, has worked with U.S. regulators for years. Its focus on legal clarity sets it apart. Recent court rulings boosted investor confidence in XRP. The token now nears levels it last saw during the 2018 peak. Some analysts predict XRP might hit $5 soon. Others see $10 or even $20 if adoption grows.
JUST IN: 🇺🇸 President-elect Donald Trump is open to creating an America-first strategic reserve that prioritizes cryptocurrencies such as Solana $SOL and $XRP.
— Watcher.Guru (@WatcherGuru) January 16, 2025
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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