XRP price.cwp-coin-chart svg path {stroke: ;stroke width: ; }
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24 hour trading volume
Price movement in the past 7 days
Last week it was up 47%. This rally has pushed XRP to new all-time highs, and some are now suggesting that XRP may be poised to flip Ethereum. Many traders now believe there is room for further growth in 2025. After all these years, are they finally right? Trump may have started an XRP renaissance.
The world of cryptocurrencies has changed a lot since 2021. New rules and policies shape the market. President-elect Donald Trump has expressed interest in US-based cryptocurrencies.
BREAKING: According to the New York Post, Donald Trump is expected to propose creating America's first cryptocurrency reserve that would “prioritize U.S.-created digital coins.”
This includes coins such as Solana, USD Coin, and Ripple. pic.twitter.com/81q7t737cy
— Kobeissi Letter (@KobeissiLetter) January 16, 2025
He reportedly wants an “America first” crypto reserve. This plan may include Solana, USD Coin, and XRP. He hopes to meet with the founders of these projects and foster blockchain innovation in the United States.
Some Bitcoin fans don't like this idea. They believe President Trump should focus on Bitcoin and are concerned that a push for US-made coins could weaken Bitcoin's role. Supporters of President Trump's plan argue that it will help the United States become a leader in cryptocurrencies and bring more capital and new jobs to the country.
Ripple, the company behind XRP, has been working with US regulators for years. It is characterized by its focus on legal clarity. Recent court rulings have increased investor confidence in XRP. The token is currently approaching levels last seen during its peak in 2018. Some analysts predict that XRP could reach $5 soon. Some are looking at $10 or even $20 for increased adoption.
Just in:
President-elect Donald Trump is open to creating a U.S.-first strategic reserve that would prioritize cryptocurrencies like Solana $SOL and $XRP.
— Watcher.Guru (@WatcherGuru) January 16, 2025
XRP Price Target – Is Ethereum likely to flip in support of Trump?
To date, XRP holders are outperforming any ETH purchaser who entered the market since April 2021. That's quite an accomplishment. Many long-time Ethereum supporters were skeptical of XRP.
They said Ripple's legal problems were too great. However, XRP's recent rise has left those doubts behind, and this trend shows how quickly the fortunes of cryptocurrencies can change.
President Trump's cryptocurrency plans have sparked debate across the industry. Bitcoin supporters argue that this goes against Bitcoin's global vision. They point to its strong track record and top market share.
Some see Trump's plan as an opportunity for more cooperation between crypto projects and the government. If the White House supports “America First” reservations, it could push for new legislation that would benefit the entire market.
The Crypto Ball is scheduled for January 19th. Sponsors include Coinbase, Solana, and Kraken. This event is likely to attract more investment into the space and signals the increasing acceptance of cryptocurrencies in mainstream circles.
While some see risks in President Trump's plan, many are excited. They hope this will bring more interest and funding to the overall digital asset market.
(XRPUSDT)
For XRP, the next step is important. Will it be able to surpass the all-time high from its 2018 peak? Then $5 becomes a realistic possibility. Climbing to higher ranks depends on strong recruitment and positive legal outcomes. XRP proponents say the time is now. Cryptocurrency markets can change overnight. But the enthusiasm for XRP in 2025 cannot be ignored.
Remember when $XRP Market capitalization has reversed $BTC
2018 was the worst. I had to be there. pic.twitter.com/PY3PdRskF0
— Nebraska Gooner (@Nebraskangooner) January 15, 2025
Still, XRP's momentum is strong at the moment. President Trump's proposed crypto reserves could boost that even further. Looking ahead to 2025, XRP watchers remain hopeful. They see the potential for new all-time highs.
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The post Is Trump plotting to drive up XRP prices? The post New President Proposes American Coin Reserve appeared first on 99Bitcoins.
