XRP Price surge March 2025
The cryptocurrency market has been shaken up in recent weeks, with major players like Bitcoin, Ripple’s XRP Price, Solana, and Cardano seeing significant price increases. This surge came after former President Donald Trump announced plans to create a U.S.-focused crypto reserve. The market was already buzzing, but Trump’s revelations have injected a fresh wave of excitement—and uncertainty—into the crypto space.
XRP Price
Bitcoin, in particular, saw a dramatic price boost, skyrocketing toward $90,000 per coin. Interestingly, despite not being directly mentioned in Trump’s original post, Bitcoin’s value soared, highlighting the crypto market’s reaction to any signals of increased institutional interest. Ripple’s XRP Price, Solana, and Cardano, all of which are considered U.S.-made cryptocurrencies, also saw impressive gains, with prices rising between 20% and 50% in just a matter of days.
In a post on his Truth Social account, Trump shared his vision of a U.S. crypto reserve, which he argued would bolster the industry and protect it from what he described as “corrupt attacks” from the Biden administration. He emphasized that this reserve would include popular cryptocurrencies like XRP, Solana, and Cardano, positioning them as key players in the U.S. crypto future. Trump added, “A U.S. crypto reserve will elevate this critical industry after years of corrupt attacks by the Biden administration, which is why my executive order on digital assets directed the presidential working group to move forward on a crypto strategic reserve.”
Trump’s post quickly caught the attention of crypto enthusiasts and traders, especially those who see the former president’s support as a signal of positive change. He continued by reiterating his commitment to making the U.S. the global leader in cryptocurrency. “I will make sure the U.S. is the crypto capital of the world. We are making America great again,” he declared.
While Bitcoin wasn’t specifically named in Trump’s first message, he later clarified that the cryptocurrency, along with Ethereum, would also play a major role in this reserve. “Obviously, bitcoin and ethereum, other valuable cryptocurrencies, will be the heart of the reserve. I also love bitcoin and ethereum,” he added in a follow-up post.
With Trump’s statements sending shockwaves through the crypto world, all eyes are now on the upcoming White House crypto summit scheduled for this Friday. The summit will bring together influential figures from the crypto industry, including executives, founders, and investors, to discuss digital assets with representatives of the President’s working group on crypto. Many are hoping that the summit will provide clarity and details on the proposed crypto reserve and what it will mean for the industry.
Geoff Kendrick, the head of crypto research at Standard Chartered Bank, pointed out that the announcement ahead of the summit has created high expectations. “The timing means expectations going into Friday will be for something concrete,” Kendrick said in an emailed statement. Traders and analysts are eager to learn more about the regulatory roadmap for crypto, as well as specifics about how the U.S. crypto reserve will function.
Read More :
- $1 Trillion Crypto Market Shock: Bitcoin Drop Below $80,000 – What’s Happening?
- Smart Saving: How to Make the Most of Your $100,000 in Savings
- Systematic Withdrawal Plan: What It Means and How It Works :2025
However, the proposal has also raised several questions. Andrew O’Neill, digital assets managing director at S&P Global Ratings, noted that the initial proposal lacks key details, such as the reserve’s size, timing, and the entity responsible for managing it. “The Jan 23rd executive order only initiates the exploration of a digital asset reserve, with recommendations to follow,” he pointed out.
One of the significant concerns raised by critics involves the potential use of taxpayer dollars. Palantir co-founder Joe Lonsdale voiced his apprehension, arguing that such a move could fund “crypto bro schemes.” In response, White House crypto czar David Sacks took to social media to defend the proposal, urging critics to wait for the full details. “Nobody announced a tax or a spending program. Maybe you should wait to find out what’s actually being proposed,” he posted.
This exchange has led to speculation that the proposed U.S. strategic crypto reserve might involve holding seized assets rather than the government buying more cryptocurrency to stock it. Whether or not this is the case remains to be seen, but the debate continues to fuel interest in the upcoming summit.
The broader crypto market has been on a rollercoaster ride since Trump’s initial announcement. When Trump secured his election victory in November, the prices of Bitcoin and other cryptocurrencies surged as traders hoped he would follow through on his promises to ease Biden-era regulations that had hurt the market. Many crypto investors are betting that Trump’s approach to regulation could create a more favorable environment for growth.
The prospect of a U.S. crypto reserve has many in the industry excited about the future of digital assets. “The launch of a U.S. crypto strategic reserve marks a pivotal moment for digital assets, reflecting a major step in the government’s engagement with the crypto industry,” said Federico Brokate, head of U.S. operations for crypto ETF issuer 21Shares.
In December, Trump made headlines again by confirming that he planned to establish a U.S. Bitcoin strategic reserve, likening it to the country’s oil reserve. “We’re gonna do something great with crypto because we don’t want China, or anybody else … but others are embracing it, and we want to be ahead,” Trump told CNBC. His statement echoed his earlier remarks during a 2024 Bitcoin conference, where he predicted that Bitcoin could eventually surpass gold’s $20 trillion market capitalization.
Trump’s involvement with cryptocurrency isn’t limited to just political proposals. He and his family—particularly his sons, Don Jr. and Eric—have been increasingly active in the crypto and blockchain sectors. In January, Trump and Melania launched twin memecoins, which initially surged before losing over 80% of their value. In addition, their company, World Liberty Financial, has been making moves to facilitate yield generation through stablecoins and crypto borrowing.
Meanwhile, Trump’s social media company, Trump Media and Technology Group (TMTG), which operates the Truth Social platform, has expanded into the crypto space. It is reportedly working on launching a Bitcoin exchange-traded fund (ETF), aiming to compete with established financial giants like BlackRock and Fidelity.
As the crypto world braces for further developments, traders and investors alike are eagerly awaiting more concrete plans from the White House crypto summit. Whether Trump’s vision for a U.S. crypto reserve will become a reality or face major hurdles, one thing is clear: the former president’s influence on the crypto market is far from over.
XRP Price surge March 2025.
Follow me on youtube, click here
