The Role of XRP in the U.S. Digital Reserve
A new team is working on a digital asset plan that may be ready in six months. This has sparked interest in how cryptocurrencies like XRP could benefit the national economy. In the past, Trump has mentioned using Bitcoin as a strategic reserve. Now, many are wondering if XRP and Solana (SOL) can be included in this list.
Some experts believe that a combination of digital assets could strengthen the financial system. XRP's ledger technology enables fast transactions with low costs, making it a viable option for government use. Ripple holds approximately $38 billion worth of XRP in escrow, which accounts for 37.7% of the total supply. Some analysts suggest that the U.S. government could utilize these assets to establish an XRP reserve without incurring additional expenses.
As of the time of this writing, XRP is trading at $3.10, showing an increase of 11.94% in just one day. The transaction volume has reached $11.7 billion, indicating significant market interest. However, the price is facing resistance at the $3.30 level. If XRP surpasses this threshold, further price growth is possible. Should the U.S. national reserve include XRP, it could have a substantial impact on its value and long-term market position.