XRP Surges 45% In A Week Amid Record Whale Accumulation, Speculation Trump May Include Ripple Token, Solana, USDC In Strategic Reserve
Remittance token XRP pumped more than 45% in the past week to a 7-year high as crypto whales piled in following wild speculation yesterday that Donald Trump might add the Ripple token, Solana, and USDC to his proposed strategic crypto reserve. XRP broke above the $3 mark earlier this week for the first time since 2018. It continued to rise in the last 24 hours, posting a more than 6% gain to trade at $3.33 as of 2:14 a.m. EST. The crypto has also become the third largest digital asset in terms of market cap after overtaking stablecoin Tether (USDT) with a valuation of around $137.36 billion. New York Post Report A spike in the XRP price yesterday was triggered by a New York Post report, widely dismissed by analysts, that said Trump is receptive to the idea of including the Ripple token, Solana and USDC in a US strategic crypto reserve. This is a ridiculous idea and will never happen. https://t.co/61E1QFKyg8 — Quinn Thompson (@qthomp) January 16, 2025 Trump has pledged t...