In early March, U.S. President Donald Trump announced on X plans to establish a crypto reserve featuring XRP (XRP), Bitcoin (BTC), and other major cryptocurrencies. However, just a week later, an executive order was issued to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. The order tasked the Treasury and Commerce Secretaries with finding budget-neutral methods to accumulate Bitcoin, but no plans for expanding the Digital Asset Stockpile were mentioned. Notably, $XRP was excluded from the stockpile, which comprises crypto assets seized by law enforcement. The presidential order explicitly prohibited adding new assets to the stockpile, leaving XRP out of the equation.
Currently priced at $2.26, XRP has surged over fourfold since President Trump’s election victory last November. However, the market faces potential deflation as macroeconomic factors weigh on risk appetite and the broader crypto sector.
Could XRP see a 500% rise? The crypto market might experience further declines in the coming months, especially if the U.S. economy enters a recession in 2025. Even if the SEC resolves its lawsuit against Ripple Labs, XRP could still drop to its 2023 highs of around $1.00.
On the flip side, improved macroeconomic conditions—possibly driven by significant U.S. financial easing—could reignite a bull market. In such a scenario, XRP might end Trump’s four-year term with a 500% increase.
Investors should remain cautious, though, as three red flags persist. First, Bitcoin’s reputation as “digital gold” stems from its decentralized and impartial nature, a claim XRP cannot make due to Ripple’s control over the XRP Ledger’s nodes. Second, Ripple holds over 55% of the pre-mined XRP supply, raising concerns about market manipulation and sell pressure.