Trump’s Ripple Post Ignites Crypto Chaos: XRP’s $10 Surge in Sight?
Trump’s Truth Social post on Ripple sparks XRP rally and crypto rift. Could ETF approvals push XRP to $10? Uncover the frenzy now!
A single post by President Donald Trump on Truth Social has sent shockwaves through the crypto world, reigniting buzz around Ripple’s XRP. On May 8, 2025, Trump’s mention of Ripple, praising its potential in cross-border payments, fueled a 13% XRP price surge to $2.23, with analysts eyeing $10 if momentum holds. However, the post also sparked controversy, with critics questioning Trump’s ties to a $2 billion UAE-backed crypto deal involving Ripple’s partner, Binance.
What’s Happening?
Trump’s February 2025 Truth Social posts about Ripple, calling it a “game-changer” for U.S. deals, resurfaced after the Senate’s rejection of the GENIUS Act, a stablecoin bill. XRP, used for fast, low-cost international transfers, gained traction after the SEC dropped its lawsuit against Ripple in April 2025. Trump’s post, coupled with ETF filings and a pro-crypto SEC chair, Paul Atkins, has driven bullish sentiment. Yet, some Democrats claim Trump’s UAE deal, using a stablecoin linked to Binance, raises conflict-of-interest concerns.
Trump’s February 2025 Truth Social posts about Ripple, calling it a “game-changer” for U.S. deals, resurfaced after the Senate’s rejection of the GENIUS Act, a stablecoin bill. XRP, used for fast, low-cost international transfers, gained traction after the SEC dropped its lawsuit against Ripple in April 2025. Trump’s post, coupled with ETF filings and a pro-crypto SEC chair, Paul Atkins, has driven bullish sentiment. Yet, some Democrats claim Trump’s UAE deal, using a stablecoin linked to Binance, raises conflict-of-interest concerns.
Why It Matters
XRP’s rally reflects its growing role in global finance, with a $918 million stablecoin market cap on its ledger. ETF approvals could unlock billions in institutional investment, potentially pushing XRP past $3, a level not seen since 2018. However, the political rift over Trump’s crypto ventures could delay regulatory clarity, keeping XRP volatile. A bearish head-and-shoulders pattern warns of a possible drop to $1.07 if support at $2 fails.
XRP’s rally reflects its growing role in global finance, with a $918 million stablecoin market cap on its ledger. ETF approvals could unlock billions in institutional investment, potentially pushing XRP past $3, a level not seen since 2018. However, the political rift over Trump’s crypto ventures could delay regulatory clarity, keeping XRP volatile. A bearish head-and-shoulders pattern warns of a possible drop to $1.07 if support at $2 fails.
What’s Next?
With BlackRock eyeing XRP ETFs and Ripple’s $1.25 billion acquisition of Hidden Road, XRP’s ecosystem is expanding. If Trump’s pro-crypto policies advance, XRP could hit $4.20 or higher by June. But regulatory pushback or tariff volatility could stall the rally.
With BlackRock eyeing XRP ETFs and Ripple’s $1.25 billion acquisition of Hidden Road, XRP’s ecosystem is expanding. If Trump’s pro-crypto policies advance, XRP could hit $4.20 or higher by June. But regulatory pushback or tariff volatility could stall the rally.
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The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
