$XRP The cryptocurrency market in May 2025 is experiencing significant momentum, with Bitcoin (BTC) surpassing $100,000 for the first time since February. This surge is attributed to favorable U.S.-U.K. trade agreements and potential tariff reductions on Chinese goods, boosting investor confidence .  

Ethereum (ETH) and XRP have also seen substantial gains, with ETH rising 5.5% to $2,305.41 and XRP increasing 1.3% to $2.41. Solana (SOL) and Cardano (ADA) are gaining traction, supported by institutional interest and potential ETF approvals .  

Regulatory developments are shaping the market’s future. The U.S. has established a Strategic Bitcoin Reserve, holding approximately 200,000 BTC, signaling growing institutional adoption . Additionally, the European Union’s Markets in Crypto-Assets Regulation (MiCA) has been fully applicable since December 2024, providing a clearer regulatory framework .  

Looking ahead, the total cryptocurrency market capitalization is projected to reach $3.4 trillion by the end of 2025, driven by increased institutional adoption, regulatory clarity, and technological advancements .