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XRP Surges 34% on Trump’s Strategic Reserve Announcement – But Can It Hold?

by Drop Gorn
March 6, 2025
in Crypto, Finance, Opinion
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XRP Surges 34% on Trump’s Strategic Reserve Announcement – But Can It Hold?
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  • XRP’s 34% Surge & Volatility – After Trump’s crypto reserve announcement, XRP spiked from $2.2 to $2.9, then quickly dropped back to $2.2, now stabilizing around $2.5 ahead of the March 7 summit.
  • User Activity Skyrockets – Active XRP wallets surged 620%, jumping from 74,589 to 462,650, reversing a steep decline from December to February and signaling renewed interest.
  • Future Hinges on Key Events – XRP’s next move depends on the U.S. crypto summit outcome, continued adoption, and overall market sentiment, keeping investors on edge.

The crypto world just got another wild plot twist, and XRP is right at the center of it. After Trump revealed plans to include XRP in the U.S. Strategic Crypto Reserve and announced an upcoming crypto summit, XRP’s price shot up 34% almost instantly.

XRP’s Wild Ride: From $2.2 to $2.9 and Back

Over the past seven days, XRP traders have been on a rollercoaster ride. On March 2, the price exploded from $2.2 to $2.9 in no time. But just as quickly as it surged, it came crashing down—by March 4, it was back to $2.2.

Now, as the March 7 crypto summit approaches, XRP seems to be climbing once again. At the time of writing, XRP is sitting at $2.5, boasting a $145 billion market cap and $5.6 billion in 24-hour trading volume.

Over $5.37 billion worth of $XRP was transferred in the last 24 hours! pic.twitter.com/P1NnZpeY6V

— Ali (@ali_charts) March 5, 2025

XRP’s User Activity Explodes by 620%

If you think the price swings are wild, check out what’s happening behind the scenes. Crypto expert Ali Martinez reported that the number of people actively using XRP skyrocketed by 620% in just one week—jumping from 74,589 users to a mind-blowing 462,650!

This stat was backed up by Glassnode, a blockchain analytics firm that tracks digital assets. Their data showed an explosion in active XRP wallets—the equivalent of online bank accounts for XRP holders.

What’s even crazier? This massive spike follows a steep decline in activity between December and February, when the number of active users plummeted from 202,250 to 101,169. That means this latest surge marks an insane turnaround, and it’s got the entire crypto space buzzing.

coinmarketcap xrp price

What’s Next for XRP?

So, what does all this mean for XRP investors?

First off, more people using XRP could mean rising adoption and trust. Some traders see this as a sign of long-term strength, while others are in it for short-term gains. The recent price dip, however, is a reminder that crypto remains highly volatile—so jumping in blindly isn’t the best idea.

The U.S. government’s move to include XRP in its crypto reserve plans could also be a game-changer, suggesting that digital currencies may play a bigger role in mainstream finance moving forward.

But whether XRP continues its climb or faces another drop depends on a few key factors:

  • The outcome of the U.S. crypto summit on March 7.
  • Ongoing adoption trends and whether users stick around.
  • The broader crypto market sentiment, which can shift in an instant.

One thing’s for sure: XRP is a hot topic right now, and whether you’re a hardcore trader or just crypto-curious, this is one asset worth watching closely.

Tags: $XRPAli MartinezDonald TrumpGlassnoderipple
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