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Ripple celebrates Donald Trump's recognition of XRP crypto!

Ripple celebrates Donald Trump's recognition of XRP crypto!

CointribuneCointribune2025/03/03 12:55
By:Cointribune

There are moments when everything seems to be collapsing: thwarted plans, regulatory obstacles, closed doors. Then, without warning, an improbable event changes the game. That’s exactly what has just happened for XRP. Donald Trump’s announcement about the creation of a strategic reserve of digital assets has made a splash in the crypto universe. Ripple CEO, Brad Garlinghouse, sees it as a long-awaited recognition and a strong signal for the industry.

Ripple celebrates Donald Trump's recognition of XRP crypto! image 0 Ripple celebrates Donald Trump's recognition of XRP crypto! image 1

Trump propels Ripple’s crypto to the heart of his strategy

The news dropped like a bomb yesterday evening: Trump launched the idea of an a government crypto reserve , including Bitcoin, Ethereum, Solana, Cardano, and, of course, Ripple’s crypto, XRP. Garlinghouse reacted enthusiastically on X:

« Maximalism is the enemy of the industry’s progress. Happy to see that the President of the United States recognizes that we live in a multichain world.»

A real slap for the SEC, which, under the Biden administration, has been known for its very restrictive positions.

But what does this announcement concretely mean for the crypto market? By integrating XRP into this reserve, Trump sends a clear message : he acknowledges the diversity of altcoins and seems to want to put an end to the arbitrary decisions that have hitherto hampered the industry. Is the time of favoritism towards Bitcoin and Ethereum over?

The SEC, which has long held back Ripple by suing it for the sale of unregistered securities, may find itself in an uncomfortable position.

The impact has been immediate: XRP jumped by 30%, Cardano’s ADA by 50%, and Solana by over 20%. Bitcoin, for its part, soared to over $94,000, in a fit of frenzied optimism.

But is this euphoria sustainable? What details are still missing regarding this reserve, and how will it be funded?

Ripple celebrates Donald Trump's recognition of XRP crypto! image 2 Ripple celebrates Donald Trump's recognition of XRP crypto! image 3 Screenshot of Donald Trump’s announcement on Truth Social

A bright future for XRP or just a flash in the pan?

While Ripple Labs is still dealing with a few legal troubles, this announcement comes at the right time. The company is still battling an appeal by the SEC , despite a partial victory in front of the American judiciary.

Could this political turnaround put an end to these lawsuits? Garlinghouse, who will be present at the White House crypto summit, hopes to get things moving.

The Trump administration has already laid some groundwork with a resolutely pro-crypto approach. In January, a decree had already mentioned the creation of a “national stockpile of digital assets”, without specifying the tokens involved.

Some Bitcoin maximalists were indeed disappointed by this absence of explicit mention of BTC. But Trump’s recent posts on Truth Social have clarified things: XRP, Solana, and Cardano will indeed be part of it, alongside the giants Bitcoin and Ethereum.

  • Bitcoin jumped 9% in one day, surpassing $94,000;
  • XRP exploded by 33%;
  • Cardano recorded a meteoric rise of 50%;
  • Solana climbed by 20%.

Are these impressive figures the precursor to a new bull run? CryptoCats is excited: ” Trump’s posts on Truth Social have just shaken the crypto market! #Bitcoin exceeds $91,000, #ETH rises by 12%, and XRP explodes by 33%!

If the momentum continues, we could see XRP settling firmly in the top 3 of digital assets. But beware of the cold shower if the announcements remain unfulfilled.

Thus, like Bitcoin, Ripple’s crypto is the subject of extravagant predictions. Some analysts, inspired by the prevailing euphoria, even suggest a XRP at $18,000 . Realism or pure folly? The future will tell, but one thing is certain: the crypto market is not done surprising us.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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