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Recent price action 7D
It jumped 47% in the past week. This rally has taken the coin to an all-time high, and some are now suggesting that XRP may be ready to upend Ethereum. Many traders now see more room for growth in 2025. After years and 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 are shaping the market. President-elect Donald Trump has shown interest in cryptocurrencies in the United States.
BREAKING: Donald Trump is expected to propose forming an America-first cryptocurrency reserve that would “prioritize cryptocurrencies established in the United States,” according to the New York Post.
This will include coins such as Solana, USD Coin, and Ripple. pic.twitter.com/81q7t737cy
– Al Qubaisi Letter (@KobeissiLetter) January 16, 2025
Reports say he wants an “America first” cryptocurrency reserve. This plan may include Solana, USD Coin, and XRP. He met the founders of these projects and wants to promote blockchain innovation in the United States.
Some Bitcoin fans don’t like this idea. They believe Trump should focus on Bitcoin and worry that the push for US-made coins could dilute Bitcoin’s role. Supporters of Trump’s plan say it could help the United States become a leader in the cryptocurrency space and bring more money and new jobs to the country.
Ripple, the company behind XRP, has worked with US regulators for years. Its focus on legal clarity sets it apart. Recent court rulings have strengthened investor confidence in XRP. The token is now approaching levels last seen during its peak in 2018. Some analysts expect the price of XRP to reach $5 soon. Others see $10 or even $20 if adoption increases.
Only in:
President-elect Donald Trump is open to creating an America First strategic reserve that prioritizes cryptocurrencies like Solana $ sol and $XRP.
– Watcher.Guru (@WatcherGuru) January 16, 2025
Post: Is Trump planning to increase the price of XRP? The post New President Proposes US Currency Reserve appeared first on 99Bitcoins.