The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.
Ripple, the company behind the XRPL development and XRP's largest token holder, is preparing its treasury for March sales. Onchain data reveals Ripple has reserved 300 million XRP from the 1 billion unlocked on March 1, as Finbold reported.
XRP missing 32,000 ledger blocks from 2012 continues to raise transparency concerns. Trump's crypto reserve announcement fueled debates over XRP's role and legitimacy.
"This is all pure speculation on my part," the lawyer outlined.
Cardano (ADA) has staged a remarkable recovery, surging 82% from its February 3 low of $0.6249 to $1.13 on March 3 before settling at $0.96 at press time.
TL;DR Massive Surge: Cardano (ADA) surged 60% over the weekend, fueled by Trump's Strategic Crypto Reserve announcement, and has now passed the $1 mark. Key Price Break: ADA's price jumped from $0.57 to $1.19, breaking important resistance levels and marking a 12-week high.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
Scottie Pippen, the NBA Hall of Famer known for his role in the Chicago Bulls' dynasty, has joined the growing list of high-profile figures expressing strong optimism about XRP. The legendary basketball player recently shared his positive outlook on the cryptocurrency market, particularly on XRP, via a tweet that read: “BULLish on XRP.
Cardano (ADA), the eighth largest cryptocurrency by market cap, has seen a 1,595% surge in trading volume, coupled with a 73% price increase in just 24 hours. According to CoinMarketCap data, Cardano's trading volume reached $10.34 billion, marking a 1,702% surge in the last 24 hours.
A total of 2.6 million transactions have been recorded in the last 30 days, indicating a notable on-chain surge for XRP. There are concerns regarding the possible effects of this abrupt increase in activity in the trajectory of XRP's price.
Solana marks a quick recovery with a fresh breeze of recovery and a sentimental shift for the altcoin. The SOL price bounces off from $135 to reach the $180 supply zone. Will this recovery drive Solana beyond $200?
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
Recent weeks have been turbulent in the cryptocurrency market, and Solana (SOL) wasn't spared the turmoil as it collapsed 55.25% from January 19 highs at $284.85 to February 27 lows at $127.47, only to recover marginally to $161.54 by press time on March 3.
Following President Trump's announcement on the Crypto Strategic Reserve on this Truth Social account on Sunday, the entire crypto market has blown skywards. Has this announcement put $ETH, $XRP, and $SOL back on track?
In an exciting move for XRP holders, Charles Hoskinson, the founder of Cardano, has once again highlighted the role of XRP holders in the upcoming distribution of tokens for Cardano's privacy-focused project, Midnight. This declaration comes amidst a shift in perceptions surrounding the XRP Ledger, largely influenced by growing regulatory clarity and notable backing, including from U.S. President Donald Trump.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
Renowned U.S. economist Peter Schiff, sharply criticized the idea of including XRP in the United States Cryptocurrency Strategic Reserve, questioning its purpose amid broader discussions about digital assets in the American economy.
Prices have pulled back to the descending trendline from Jan. 16 highs.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
MetaMask is developing a multichain API that will allow dApps to connect to multiple blockchains simultaneously, both EVM and non-EVM.
With a snap of the presidential fingers, XRP enters history. The SEC falters, Garlinghouse exults: a new era blows over crypto.
Schiff reluctantly accepted the idea of a U.S. Bitcoin reserve—but sees the inclusion of XRP as pointless.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Lawyer James “MetaLawMan” Murphy of Ludlow Street Advisors, LLC has provided a detailed theory on why the SEC's dismissal of the Ripple case has been inexplicably delayed.
The revival on the digital currency ecosystem has triggered a new wave of buy-ups by XRP whales on the market. At the moment, data from Whale Alert shows that at least 25,000,000 XRP left the top South Korean exchange Upbit to an anonymous wallet.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
XRP in the U.S. Strategic Reserve. Let that sink in.
President Donald Trump's move to add XRP to the US crypto reserve has fueled hopes for a swift resolution to the Ripple vs SEC case. However, legal expert Jeremy Hogan remains skeptical, believing the XRP lawsuit could still take until May to conclude.
Solana (SOL) token has witnessed a dramatic price surge that has surprised investors. The token was previously in a severe downtrend due to rising meme coin controversies and declining investor interest.
A court injunction restricting Ripple's securities sales has become the primary obstacle in finalizing the SEC case settlement, with resolution expected around May 2024.
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
Anatoly Yakovenko, co-founder of the Solana project, has recently referred to the current state of bitcoin and its utility. On social media, Yakovenko stated that BTC had no value and could be considered insurance “in the best light.
David Schwartz, the chief technology officer at Ripple has reacted to the news about the US president's approval of the strategic cryptocurrency reserve, where aside from Bitcoin and Ethereum, also will be included ADA, XRP, and SOL so far.
XRP has surged over 30% to trade above $2.75, fueled by technical strength, significant whale accumulation, and speculation about its potential inclusion in a US Crypto Reserve mentioned by President Trump.
Solana has faced a persistent downtrend over the past month, shaking investor confidence. However, a 24% surge suggests the worst may be over.
White House crypto czar David Sacks confirms selling all personal cryptocurrency holdings before taking office while his firm maintains crypto startup investments, as Trump administration announces new crypto initiatives.
As part of the monthly release of 1 billion XRP tokens, Ripple unlocked another 1 billion XRP on 3rd March 3 before re-locking back the 700 million XRP tokens into an escrow wallet. This came after U.S. President Donald Trump announced on Truth Social that select cryptocurrencies, including XRP, were added to the new U.S.
Legal experts analyze Ripple's ongoing lawsuit with the SEC, highlighting settlement challenges, as XRP gains momentum following its inclusion in Trump's U.S. Crypto Reserve, sparking a 24% market rally. The post Legal Expert Reveals Potential Ripple Lawsuit Outcome as XRP Added To Trump's Crypto Reserve appeared first on Cryptonews.
Cardano's ADA token surged 70% to $1.19 after being named in President Trump's Strategic Crypto Reserve initiative, accompanied by increased network activity and whale accumulation.
President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.
XRP has surged 30% following a groundbreaking announcement by U.S. President Donald Trump regarding a “US Crypto Reserve.” The inclusion of XRP in this proposed reserve has triggered a wave of investor confidence, driving up both price and market participation.
A theory, developed by AI expert Vincent Van Code using ChatGPT, suggests that the US government could buy XRP at a fixed price of $10,000 per token using Treasury Bills. If true, this could reset the entire financial system.
Cardano price surged to a high of $1.175 on Monday, its highest level since December 12 last year. At its highest point, the ADA price was up by over 130% from its lowest level in February.
Donald Trump has once again stormed the bearish crypto market with the announcement of US crypto reserves for Bitcoin (BTC) and top altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. However, market analysts believe that implementation of the same could be easier said than done.
Cardano's price is known for its sluggish trend. The price remains consolidated within a narrow range, due to which some label it as a dead coin or a stablecoin. To wake up the Cardano bulls, huge positive news was required, and the latest announcement of the Strategic Reserve served the purpose.
Solana co-founder Anatoly Yakovenko sees Bitcoin not as an investment but as a form of insurance against the collapse of a major global power.