- Ripple unlocked 1 billion XRP after news of the U.S. strategic crypto reserve.
- XRP price surged over 30% but faces key resistance levels ahead.
Ripple has once again unlocked 1 billion XRP from escrow, continuing its monthly pattern. This move comes right after the U.S. government confirmed that XRP would be part of a strategic crypto reserve.
The unlocking occurred in three transactions where 100 million XRP was first moved, then 400 million XRP, and then another 500 million XRP. Most of these tokens remain in Ripple’s wallets, and some are likely to be re-locked.
Meanwhile, the cryptocurrency saw a spectacular price surge, climbing over 30% in a matter of hours. The rally picked up steam after the U.S. government announced that it would hold XRP in reserves.
The price jumped from $2 to a new high at $2.93 before stabilizing at approximately $2.64. Market analysts are now wondering how the action will affect the cryptocurrency’s future, with some predicting more volatility ahead.
XRP’s Inclusion in U.S. Crypto Reserve Marks a Major Shift
The inclusion of Ripple’s native token in the U.S. crypto reserve is a significant shift. XRP had to endure legal controversy and uncertainty for years. Now, it is reaching legitimacy globally. Some believe that this could open the floodgates for institutional investment, especially if XRP ETFs are approved. If that happens, big investments could further drive demand.
The other significant factor is the potential for other countries to follow the U.S. lead. If governments around the globe begin to accumulate XRP, the supply could shrink, leading to a spectacular price rise.
Ripple’s network is also expanding its real-world use case, allowing institutions to tokenize assets like real estate, stocks, and gold on the XRP Ledger. This broader adoption could further push XRP’s value up.
5/ Will Other Countries Follow the U.S.?
If the U.S. is stockpiling XRP, what happens when Europe, China, and the Middle East do the same?
A global crypto reserve race could drive massive demand for XRP.
When nations start hoarding, supply shrinks… and prices?
You…
— Britto (@BrittoXrpl) March 2, 2025
Market predictions for the cryptocurrency remain divided. Conservative projections see it reaching $5-$8 by 2025. A base-case scenario provided ETFs, and other institutional adoption sees it between $10 and $15.
A more positive prediction is that the cryptocurrency will go up to $20 or higher if mass adoption and global reserves kick off. In the best possible scenario, extreme predictions even include a $50+ price tag.
XRP Holds Strong, Eyes $3 Breakout for Further Gains
Despite the surge, the cryptocurrency faces resistance near the $3 mark. Analysts are closely watching this level, as a breakout could trigger a further rally toward $8 or more. On the downside, support exists around $2.70 and $2.80, meaning any retracements could be shallow before another upward move.
Technical indicators show that the cryptocurrency remains in good shape, with relative strength index (RSI) levels indicating there is further upside potential. If it manages to break out above important resistance levels, the next growth wave could be significant.
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