Trump’s XRP Endorsement Fuels Speculation Amid Regulatory Challenges

Former President Donald Trump’s recent endorsement of XRP as a potential global reserve currency has sparked heated debate, raising questions about its feasibility given the cryptocurrency’s ongoing legal battles with the SEC. This article explores the implications of Trump’s comments and the broader market reaction.

Trump’s XRP Endorsement Sparks Debate Amid Regulatory Uncertainty

Former President Donald Trump’s recent comments supporting XRP as a potential global reserve currency have ignited controversy across political and crypto circles. The endorsement, made on Truth Social, suggests XRP could serve as an alternative to the U.S. dollar—a stance that appears uninformed about the digital asset’s ongoing legal battles with the SEC.

Market observers note Trump may have been influenced by pro-XRP advocates without full awareness of the regulatory challenges. The cryptocurrency remains embroiled in a high-profile lawsuit alleging Ripple conducted an unregistered securities offering, casting doubt on its viability as a reserve asset.

This development highlights the growing intersection of cryptocurrency and political discourse, where technical complexities often collide with macroeconomic narratives. XRP’s price showed muted reaction to the news, suggesting traders remain focused on fundamental factors rather than political endorsements.

Analysts Favor Remittix Over Ripple as XRP Futures Gain Traction

The protracted legal showdown between Ripple and the SEC appears to be winding down, yet market watchers are already pivoting to post-litigation opportunities. XRP’s imminent futures launch on CME Group in May 2025—pending regulatory greenlights—signals growing institutional interest, allowing exposure without direct token ownership.

While XRP may enjoy near-term price momentum, analysts highlight Remittix as a more compelling long-term play. The altcoin’s architecture for global payments and tangible adoption pathways position it to potentially outpace Ripple in the utility token arena. "Real-world use cases TRUMP regulatory clarity in the long run," observes one strategist, noting Remittix’s infrastructure advantages.

Trump’s Ripple Comment Sparks Political Backlash and Lobbying Fallout

Former President Donald Trump’s mention of Ripple’s XRP in a Truth Social post has triggered unforeseen political consequences. The reference to a "Cryptocurrency Strategic Reserve" drew immediate attention in Washington, particularly after revelations that Ripple Labs was a client of lobbying firm Ballard Partners.

Trump’s subsequent outrage led to Ballard Partners’ abrupt disengagement from WHITE House affairs. The March incident exposed growing tensions between cryptocurrency interests and traditional political power structures, with XRP unexpectedly becoming a focal point in lobbying sphere conflicts.

XRP Price Projections at $750B, $1.5T, and $3T Market Caps

XRP, currently the fourth-largest cryptocurrency with a market cap of $140 billion, is trading at $2.40 after a 9% weekly surge. Analysts are eyeing ambitious valuations for the asset in the coming cycle, with potential market caps of $750 billion, $1.5 trillion, and $3 trillion.

At a $750 billion market cap, XRP’s price would reach approximately $12.81 per token, based on its circulating supply of 58.55 billion tokens. This would mark a historic high for the digital asset, reflecting growing Optimism about its long-term potential.

The projections underscore the bullish sentiment surrounding XRP, which has maintained a steady price around $2 for the past three months. As institutional interest in cryptocurrencies grows, XRP’s unique positioning and utility could drive it toward these lofty valuations.

First Ledger Team Jests About XRP Hitting $2,000

The First Ledger team, developers of a decentralized exchange on the XRP Ledger, recently injected humor into the often-serious world of cryptocurrency price predictions. A social media post playfully speculated about the outlandish scenarios that might unfold if XRP were to reach $2,000 per token—a figure far beyond current market valuations.

The tongue-in-cheek commentary included references to extravagant purchases like Gundam robots and John Deere tractors as markers of hypothetical wealth. While the post clearly satirizes the crypto community’s penchant for astronomical price targets, it underscores the enduring fascination with XRP’s potential amid ongoing market speculation.