XRP Quietly Lands in Trump’s Crypto Elite—Here’s Why It Matters
XRP just pulled off a political hat-trick—sneaking into Trump’s unofficial crypto top 5 without a single tweet. No press release, no hype. Just old-fashioned backroom clout.
Why the stealth move? Ripple’s legal wins finally outweigh Washington’s allergy to anything not named Bitcoin. The SEC’s courtroom faceplants didn’t hurt either.
Meanwhile, Wall Street still can’t decide if crypto is ‘digital gold’ or a ‘Ponzi scheme’—but they’ll underwrite the ETF either way. Priorities.
Why Solana, Cronos And XRP?
Overall, the allocation may serve as an implicit ranking of the top five crypto assets as viewed through the lens of Trump’s inner circle. Binance top trader by PnL Nachi (@alphawifhat) commented via X: “I think it’s useful to look at the allocation ratio of the Truth Social Crypto ETF […] I see this as an indication of how Trump’s crypto team looks at the top crypto assets and what are the top 5 they want to value the most. This could be a catalyst to pump CRO as it’s a dark horse.”
Solana’s climb to an 8 percent weight is more than a momentum trade. CME Group this spring announced cash-settled Solana futures pending CFTC sign-off, extending the same institutional rails that helped Bitcoin and ether graduate into ETF form. Notably, the SEC has set a July deadline for spot Solana ETF refilings, indicating a potential approval before the October 2 deadline.
Cronos leaps over better-capitalized tokens because Crypto.com is literally powering Trump’s ETFs. “We are proud to partner with TRUMP Media and Yorkville… including the first-of-its-kind basket of tokens featuring CRO,” Crypto.com co-founder Kris Marszalek said in March when the multi-year, roughly $2.7 billion partnership was unveiled. Under the agreement, Crypto.com supplies custody, liquidity and back-end order routing for all Truth-branded funds.
XRP brings up the rear at two percent, reflecting both its renewed legitimacy and its still-nascent institutional plumbing. On June 27, Ripple Labs announced that it will withdraw its cross appeal against the SEC.
The token’s modest two-percent slice is politicized as much as it is financial. In early March a staffer from Ballard Partners—the K-Street shop that counts Ripple as a client—slipped Donald Trump draft language for a Truth Social post urging that XRP, Solana and Cardano be placed in a national “Crypto Strategic Reserve.” Trump hit “post” and only later discovered the Ripple connection; insiders told Politico he “was furious and felt like he’d been used.” Despite that, the inclusion of XRP still shows Trump’s ties with Ripple.
At press time, XRP traded at $2.33.
