$XRP Today, March 8, 2025, the XRP cryptocurrency experienced a slight decrease in price, which is due to recent events in the cryptocurrency market.


  1. Earlier this week, US President Donald Trump announced the creation of a strategic reserve of cryptocurrencies, which will include Bitcoin, Ether, XRP, Solana and Cardano. However, according to the report, the government does not plan to purchase additional cryptocurrencies, except for those confiscated in criminal and civil cases. This led to a drop in the price of XRP by more than 2% to $2.53.


  2. Additionally, Ripple CEO Brad Garlinghouse has become a key figure in President Trump’s plan to create a government crypto reserve. Ripple was previously involved in a lawsuit with the U.S. Securities and Exchange Commission (SEC), but the court ruled in favor of the company. Ripple’s active lobbying efforts and significant contributions to Trump’s political campaigns contributed to XRP’s inclusion in the strategic reserve.

  3. Despite these developments, the upcoming White House summit on cryptocurrencies is expected to provide further momentum for XRP and other digital assets, with investors hoping to get more details on the strategic reserve, which could boost XRP’s legitimacy and market position.