Ripple (XRP) is once again making headlines as it becomes part of the U.S. national cryptocurrency reserve, alongside Cardano (ADA) and Solana (SOL). This major development, officially announced by former U.S. President Donald Trump, has positioned XRP as a key asset in the evolving digital economy. Following the news, XRP’s price surged 30%, reaching $2.80 before stabilizing at $2.29.
President Trump has announced a Crypto Strategic Reserve consisting of Bitcoin and other top cryptocurrencies. This is consistent with his week-one E.O. 14178. President Trump is keeping his promise to make the U.S. the “Crypto Capital of the World.” More to come at the Summit.
— David Sacks (@davidsacks47) March 2, 2025
March 7 Crypto Summit: A Turning Point for XRP?
With the upcoming crypto summit scheduled for March 7, the cryptocurrency market is bracing for potential regulatory shifts. The summit, led by U.S. policymakers, is expected to introduce pivotal changes that could streamline crypto legislation and enhance institutional adoption.
Investors are hopeful that discussions at the summit will provide clarity on the regulatory framework surrounding digital assets. If policies favor cryptocurrencies, Bitcoin and altcoins like XRP could witness a significant price rally. Given XRP’s recent inclusion in the U.S. crypto reserve, any positive regulatory developments could further bolster its value.
XRP Price Predictions: What to Expect in Mid-March?
According to CoinCodex, XRP is currently eyeing a bullish trajectory, with price projections indicating an upward trend. Analysts forecast that by March 20, 2025, XRP could reach $2.43, with further gains potentially pushing it to $2.59 by early April.
“According to our current XRP price prediction, the price of XRP may rise by 7.50% and reach $2.59 by April 3, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 33 (fear). XRP recorded 14/30 (47%) green days with 7.23% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”
Also Read: XRP Whales Accumulate 1B Coins as Trump Pump Fizzles – Will $2.2 Hold?
Will March Be a Game-Changer for XRP?
With growing institutional interest, favorable policy expectations, and its newfound status as a national crypto reserve asset, March could mark a significant turning point for XRP. If regulatory clarity emerges from the upcoming summit, XRP might break new resistance levels and solidify its position as a leading cryptocurrency in the global financial landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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