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Cryptocurrency News Articles
Ever since the U.S. President Donald Trump announced the setting up of a strategic crypto reserve with XRP (Ripple), SOL (Solana), ADA (Cardano), BTC and Eth as part of it.
Mar 04, 2025 at 06:03 pm
With this announcement President Trump shook up the cryptocurrency scene as it drove the price of all three assets -XRP, ADA, SOL- flying with each rising between 10% and 35%.
The cryptocurrency market has seen a positive push in the past 24 hours, following U.S. President Donald Trump's announcement of setting up a strategic crypto reserve with XRP (Ripple), SOL (Solana), ADA (Cardano), BTC and Eth as part of it.
After Trump's announcement, the price of all three assets -XRP, ADA, SOL- flew with each rising between 10% and 35%.
It is not just these three cryptocurrencies, the overall crypto market also received positive push with Trump’s statement as even memecoins also pumped within 24 hours.
Experts are also saying that a new project ‘Remittix’ also holds potential to perform beyond expectations, if we see the onset of a bull run in 2025.
Remittix, often called XRP 2.0, is among the best DeFi initiatives to keep an eye on for 2025.
SEC Likely to Drop Case with XRP
XRP’s ongoing legal conflict with the US Security and Exchange Commission (SEC) might be nearing a close. This is after the SEC’s rejection of its lawsuit against Uniswap and other crypto companies like Coinbase, Robinhood, Binance and OpenSea, many anticipate XRP to be the next case to be rejected.
Recently, the SEC accepted receiving XRP spot ETF submissions from WisdomTree and Coin Shares. These elements put together offer the XRP token a pleasant atmosphere of potential.
Market statistics show that XRP price dropped 16.27% in the past 24 hours.
Given the bull run that may be triggered with authorization of spot ETF and case drop from SEC, the retracing gives a buy zone chance even if it is still raging in the near future.
Solana Price Soars After Trump’s US Crypto Reserve Announcement
Following Trump’s election triumph in November, the bitcoin price and larger crypto market—including solana and cardano—all rose as traders expected he would follow through on his campaign vows to roll back Biden-era regulatory crackdowns on crypto marketplaces and enterprises.
Trump said in December that he intends to create a U.S. bitcoin strategic reserve. During a speech at the Bitcoin 2024 conference, the then Republican nominee Donald Trump vowed to establish a “strategic national bitcoin reserve” and projected bitcoin could replace gold’s almost-$20 trillion market value in July last year.
So after his announcement on Sunday, Solana price surged significantly, suggesting heightened investor confidence in the token.
Can Remittix Outshine Other New Projects?
Unlike many meme currencies, RTX seeks to address a big issue: overly costly wiring costs.
Analysts believe that powerful partnerships formed by cryptocurrencies might replace coins motivated by passion.
Hunter of viral currencies, Big Solana (SOL) holders would find the practical features of the cryptocurrency appealing.
Some experts contend that rather than meme-based or entirely tech-driven coins, cryptocurrencies with actual value—like Remittix (RTX)—have a more stable rise.
Conclusion
While XRP is currently facing a price drop, following a 24 hour pump, many experts are now saying that Remittix is the better choice to traditional payment providers like Stripe and Wise. Notable also is the platform’s open flat-fee approach, which offers savings and openness over ridiculous rates of exchange of conventional banks.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- With Trump's Pro-Crypto Policies Fueling Market Excitement, DTX Exchange Emerges as the Biggest High-Potential Investment Opportunity in March
- Mar 05, 2025 at 01:10 am
- With Trump's pro-crypto policies fueling market excitement, DTX Exchange is emerging as the biggest high-potential investment opportunity in March.
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- ADA Price Skyrockets 60% After Trump's Crypto Reserve Move – What's Next?
- Mar 05, 2025 at 01:10 am
- Cardano has staged a massive rally, reclaiming the $1 mark after weeks of struggling in a downtrend. The surge follows U.S President Trump's announcement of a U.S. Crypto Strategic Reserve, which includes Cardano, fueling investor confidence.
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