Following the XRP’s placement in crypto strategic reserve by U.S. president Donald Trump, XRP price pumped over 38% on Sunday while witnessing huge bullish sentiment. The reserve also includes leading crypto assets like BTC, ETH, SOL and ADA with XRP set to play a key role.Â
As per Coinmarketcap data, XRP price gained from $2.24 to $2.96 shortly after Trump’s announcement post, marking a pump of over 38% in the past 24 hours.
It is currently trading at $2.86 with over 300% inflated 24 hour trading volume of $13.67 billion.
XRP in Strategic Crypto Reserve
The decision of U.S. president Donald Trump including XRP in the strategic crypto reserve marks a key milestone for the crypto asset. This landmark has now further straightened its position among leading crypto assets in the industry.
All the recent events like its win against the SEC, RLUSD stablecoin launch and breakout above major resistance levels have helped XRP to become one of the most looked after crypto assets in the past few months.
XRP’s involvement in the crypto reserve surely has enhanced its striking presence and it is expected to continue surging throughout this year.
Read: Solana surges 22% as Trump favors it over Bitcoin in Crypto Reserve
