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XRP Sees Calm Before the Storm after Ripple CEO Signals the Inclusion of XRP in U.S. Strategic Reserve ⋆ ZyCrypto
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As XRP continues to steadfastly hold as the third-largest cryptocurrency based on market cap, the leading altcoin might be experiencing the calm before the storm.
Calling out this development, market analyst Mikybull Crypto acknowledged that XRP was building up momentum that could see it smash its all-time high (ATH) of $3.40 and soar to the $7 level.
The analyst added, “XRP might rip through to $8 before a cycle top, given the current bullish fundamentals. This is the period you manage your risk, by the way, as it is on resistance.”
Will Ripple’s XRP Continue Seeing Light at the End of the Tunnel?
Having stagnated at the seventh position for the better part of three years, XRP has found its footing, thanks to the pro-crypto policies expected to be rolled out in Donald Trump’s administration.
As a result, discussions about XRP being included in the US Strategic Reserve are in high gear, thanks to the executive order recently made by President Trump.
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Affirming this development, Ripple CEO recently took to X, formerly Twitter, and pointed out, “Unless you are choosing to ignore the core tenants of the POTUS campaign (which aggressively supports American companies and technologies), our efforts are actually increasing the likelihood of a crypto strategic reserve (which includes Bitcoin) happening.”
Meanwhile, renowned crypto lawyer Bill Morgan recently opined that if President Trump had the liberty of launching TrumpCoin (TRUMP) without the rigorous registration from the United States Securities and Exchange Commission (SEC), then XRP ought to be treated in a similar manner.
On the other hand, XRP continues to enjoy bullish momentum, having recorded a year-to-date increase of 483.5%, according to CoinGecko data.
XRP Sees Calm Before the Storm after Ripple CEO Signals the Inclusion of XRP in U.S. Strategic Reserve
In a recent development that has sent shockwaves through the cryptocurrency community, Ripple CEO Brad Garlinghouse hinted at the potential inclusion of XRP in the U.S. Strategic Reserve. This move could potentially catapult XRP into mainstream adoption and solidify its position as a major player in the digital currency space.
Following Garlinghouse’s announcement, XRP has seen a period of relative calm as investors eagerly await further details on the potential partnership with the U.S. government. Many are speculating that this could be the catalyst that propels XRP to new heights, with some predicting a surge in price and market capitalization.
As we await more information on this groundbreaking development, it’s clear that XRP is on the brink of a major breakthrough. The calm before the storm may soon give way to a whirlwind of activity as XRP cements its place as a key player in the global financial landscape.
Stay tuned for more updates on this exciting development and keep an eye on XRP as it prepares to make waves in the cryptocurrency world.
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XRP, Ripple, XRP news, cryptocurrency news, Ripple CEO, U.S. Strategic Reserve, XRP price, XRP update, crypto market, Ripple news, digital assets, finance news
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