Trump’s XRP Endorsement Ignites Market Frenzy as Ripple Eyes $150 Billion Milestone
XRP surges 30% after Trump’s Crypto Reserves post, with Ripple’s stablecoin and token unlocks drawing investor attention.
XRP, the native token of Ripple, has experienced a dramatic surge following former U.S. President Donald Trump’s announcement that it would be included in a forthcoming national crypto reserves program. The statement, made via Truth Social on March 2, 2025, propelled XRP to a 30% price jump, reaching $2.60 and significantly boosting its market capitalization.
This rally unfolded in tandem with Ripple’s monthly escrow unlock of 1 billion XRP, of which 700 million were quickly re-locked—highlighting the company’s ongoing supply control mechanisms. The remaining 300 million tokens entered circulation, a modest addition that drew unusual attention due to the political backdrop.
Trump’s post accused the Biden administration of undermining the crypto sector and positioned XRP as a pillar of recovery. “The reserve will elevate this critical industry after years of corrupt attacks,” he wrote, igniting a flurry of investor activity. The market responded immediately, and XRP’s 24-hour performance on March 3 confirmed the momentum.
Ripple’s own movements added complexity to the equation. Blockchain tracker Whale Alert detailed the unlock process: two transfers totaling 1 billion XRP occurred on March 3, while most of the supply was swiftly secured back into Ripple-controlled escrow wallets. Such proactive supply management mitigates dilution fears and reinforces Ripple’s grip over XRP’s economic dynamics.
In parallel, speculation around Ripple’s stablecoin, RLUSD, is building. The token, designed to facilitate fast payments and offer on-chain utility, could catalyze long-term demand for XRP if adopted widely within RippleNet or the broader $230 billion payments market.
Technically, XRP faces resistance at $3—a round-number psychological barrier—but bullish sentiment remains elevated. If it breaks through, analysts are eyeing January 2025’s $3.40 peak as the next key level. Currently, with a circulating supply of around 57.6 billion, XRP’s market cap hovers near $150 billion, underscoring its position as a leading digital asset.
This convergence of political signaling, protocol-level developments, and technical strength has created a unique momentum around XRP. As investors assess Trump’s proposed crypto strategy and Ripple’s expanding utility offerings, XRP may be poised for sustained relevance in the evolving digital economy.
