Recently, the crypto market has seen a huge rise and the main reason for this is the increase in the price of XRP. In the last few days, XRP recorded a historic growth, which increased the price by 25%. According to the information, Ripple’s cryptocurrency touched a level of $ 2.79, leading to its market cap to $ 161.78B. Along with this, XRP’s trading volume has also increased by 474.13% in the last 24 hours. On Sunday, it also saw a jump of up to 38%. The main reason for this boom is to include XRP in the US Crypto Strategic Accumulation ‘by US President Donald Trump. This important step has further strengthened the position of XRP and this cryptocurrency is now moving towards a new height.
XRP joining ‘Crypto Strategic Accumulation’
The inclusion of XRP in the ‘Crypto Strategic Accumulation’ by US President Donald Trump is a historical step, which is important not only for this cryptocurrency but also for the overall crypto industry. This step establishes XRP as a major cryptocurrency and XRP value Has gained momentum. Following this announcement by Trump, the price of XRP suddenly increased by 38%, a clear indication that this cryptocurrency has now become important in the eyes of both investors and governments.
The Crypto Strategic Accumulation also includes major cryptocurrencies such as Bitcoin (BTC), Ethereum (Eth), Solana (SOL) and Cardano (ADA) in addition to XRP. The purpose of this razive is to protect cryptocurrency and increase their utility in the future. The XRP participation in this razor has strengthened its global presence and presented it as a strategic asset.
XRP’s recent success and victory in SEC case
Recently, XRP won the important legal battle against the US Securities and Exchange Commission (SEC). This victory opened a new path for the XRP and saw a continuous jump in its price. In addition, RLUSD StableCoin Origination by XRP and breaking major resistance levels have also proved beneficial for this cryptocurrency. These incidents XRP Has established a major crypto asset worldwide.
The increasing demand for XRP and its strategic importance has made it an attractive option among investors. In addition, this cryptocurrency is likely to see even more growth this year, as its global condition is getting stronger.
Conclusion
There are many reasons behind the rise in the price of XRP, leading to include it in ‘Crypto Strategic Accumulation’ by the US. The move has further strengthened the position of XRP and increased its global identity. In addition, XRP’s recent legal victory and other strategic steps are making it more attractive among investors. Overall, this boom of XRP may continue even in the coming months, as it is emerging as a major crypto assets.
