XRP is Skyrocketing In the Last 24 Hours Following The News That Crypto Will Be Included In U.S. Strategic Reserve – What Does This Mean For Ripple?

XRP has surged 30% in the last 24 hours, hitting the $2.93 mark as President Trump confirmed cryptocurrencies, including Ripple, will join the U.S. strategic reserve.

XRP is recovering faster than any coin on the market right now as Trump announces that cryptocurrencies will be a part of the national reserve, according to Reuters. This has led to a massive price jump in the last 24 hours amidst the broader market pullback

The new StratoVM (SVM) protocol is showcasing growth potential thanks to its innovative Layer-2 blockchain, aiming to bring Bitcoin closer to previously untapped areas such as DeFi, NFTs, AI, and more. This could be the missing piece to BTCFi’s bigger expansion.

Let’s check out the details.

XRP is Skyrocketing In the Last 24 Hours Following The News That Crypto Will Be Included In U.S. Strategic Reserve – What Does This Mean For Ripple?

XRP has surged 30% in the last 24 hours, reaching the $2.93 mark as President Trump confirmed that cryptocurrencies, including Ripple, will join the U.S. strategic reserve.

This groundbreaking announcement marks a historic shift for decentralized finance, boosting XRP's market cap to a staggering $163 billion, placing it closely behind Bitcoin and Ethereum in the crypto hierarchy.

XRP 7-day chart, Source: CoinMarketCap

The decision highlights the administration's efforts to diversify the nation's assets and integrate emerging technologies, ultimately aiming to cement the dollar's global leadership despite the setbacks faced by the American banking system.

Moreover, considering the ongoing legal battle between the SEC and major crypto exchanges like Coinbase, Trump's move signals a clear preference for cryptocurrencies over traditional financial institutions.

This move towards crypto signifies a decisive step away from the existing system, showcasing a willingness to embrace new avenues for liquidity and economic stability.

For Ripple, this translates to unprecedented legitimacy and a flood of liquidity, though sustaining this upward trajectory depends heavily on regulatory clarity and the momentum of widespread adoption.

A plunge to $0.10 now seems improbable, but to reach $30 would require extraordinary, parabolic market conditions that few can predict with certainty.

Could StratoVM (SVM) Ignite BTCFi’s Massive Breakout? It’s Soaring This Week!

StratoVM (SVM) is making headlines with a jaw-dropping 1,689% surge this week, climbing to $0.1585, according to CoinGecko.

This project, which is aiming to bring smart contracts, meme coins, AI innovations, and DeFi to the Bitcoin ecosystem with its Layer-2 solution, has seen its token skyrocket.

SVM 7-day chart, Source: CoinGecko

Bitcoin's DeFi realm, BTCFi, currently holds a scant 0.13% of its $1.612 trillion market cap, amounting to just $2.109 billion in TVL based on DeFiLlama data, while Ethereum's DeFi slice claims 19.5% of its $302 billion cap. StratoVM could be the jolt BTCFi needs to tap into its massive untapped potential.

This rally isn't just hype; StratoVM's testnet delivers and manages over 113,000 wallets and processes 56,000 transactions daily, showcasing its ability to handle the scale where Bitcoin stumbles.

With the mainnet launch approaching, excitement is running high. Launched on Uniswap, SVM's accessibility is fueling its ascent, and rumors in the community suggest a centralized exchange (CEX) listing might be next, promising an even wider reach.

More than 50 partnerships are strengthening its foundation, while a vibrant community of nearly 100,000 across X, Telegram, and Discord keeps the buzz going.

Valued at a slim $15 million fully diluted, StratoVM pales beside CoreDAO's $990 million, yet BTCFi's TVL has soared from $307 million in January 2024 to $6.6 billion today, according to DeFiLlama.

Its Ethereum Virtual Machine compatibility enables developers to seamlessly bring dApps to Bitcoin, fusing BTC's renowned security with DeFi's agility. Bitcoin's 10-minute transaction times pale in comparison to StratoVM's nearly instant processing, rendering it more suitable for practical use cases.

A successful mainnet launch could propel SVM to even greater heights, transforming Bitcoin's role beyond a passive asset. This week's rise is a loud signal that this project could fundamentally alter the landscape of BTCFi.