- Ripple is gaining attention after Trump named XRP in a potential U.S. crypto reserve.
- Ripple’s XRP could retest its all-time high if bullish momentum continues.
XRP Surges as Trump Signals Major Crypto Shift
XRP has skyrocketed 16.5% in the past 24 hours, reaching $2.64. This surge came after former President Donald Trump listed XRP among the digital assets considered for the U.S. strategic crypto reserve.
Trump’s post on Truth Social named Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) as potential candidates. This marks a big shift in U.S. crypto policy, indicating that digital assets may soon play a key role in national strategy.
A National Crypto Reserve in the Making
On January 23, just three days after taking office, Trump signed an executive order to create a “Working Group” focused on studying a strategic national digital assets stockpile.
Although official findings have not yet been released, Trump’s latest remarks suggest the administration is moving ahead faster than expected. If this plan becomes a reality, it could set a precedent for institutional crypto adoption in the U.S.
Ripple Price Targets – Can It Reach New Highs?
XRP’s trading volume has surged 576% in the last 24 hours, hitting $21.8 billion. This represents 14.2% of its total circulating supply.
Cardano (ADA) saw the biggest gains, jumping 46.4% and surpassing Dogecoin (DOGE) in market cap. Meanwhile, XRP extended its lead as the best-performing top-five cryptocurrency this year, up 27% since January.
From a technical perspective, XRP’s rally reversed its latest downtrend. The price briefly touched $3 before retreating, but it is now finding support at the upper trendline. If this level holds, XRP could be primed for another breakout.
Indicators are flashing bullish signals. The Relative Strength Index (RSI) has crossed above the signal line, and the MACD has entered positive territory. If Ripple maintains support above $2.50 in the coming days, analysts predict a retest of its all-time high of $3.40. This would mean a 28.4% upside from current levels.
The Crypto Market’s Next Big Catalyst
The potential creation of a national crypto reserve is bullish for the entire market. Not just for XRP but also for meme coins and emerging digital assets.
Meanwhile, the Bybit hack—the largest crypto theft in history—stole $1.4 billion worth of Ethereum (ETH). Despite this setback, Trump’s announcement has fueled market optimism.
Meme Index Presale Gains Momentum
The meme coin market is also seeing rapid developments. The Meme Index ($MEMEX) platform has raised nearly $4 million in its presale.
$MEMEX is designed to give investors structured exposure to meme coins. It offers four index categories—Titan, Moonshot, MidCap, and Frenzy—each catering to different risk levels. Investors can vote on which meme coins to include, making it a decentralized and community-driven platform.
With its presale price at $0.0166883, $MEMEX presents a promising investment opportunity for those looking to capitalize on the growing meme coin trend.
Trump’s endorsement of XRP in a potential U.S. crypto reserve could be a game-changer. If this plan moves forward, XRP may soon retest its all-time high. Meanwhile, the broader market is reacting positively, with meme coins also gaining traction.
The next few weeks will be crucial for Ripple as traders watch for a confirmed breakout above $2.50. If momentum holds, the token could be on its way to setting new records.
