Ripple's XRP: Trump's Support Could Send Token to $30

Ripple's XRP token has experienced a significant drop of 20% this week, but traders remain optimistic about its potential for a major comeback. The hype surrounding Donald Trump's support for Ripple has led some analysts to predict a massive rally, with XRP's price potentially skyrocketing to the $30 mark.

Meanwhile, StratoVM (SVM), a new Layer-2 solution, has gained attention in the BTCFi sphere. CoinGecko reports a 1300% surge in SVM's price over the past week, indicating strong demand despite the overall market downturn.

Ripple Price Prediction: Could Trump's Support Send XRP to $30?

Despite recent setbacks, traders are still anticipating a big breakout for XRP. Crypto analyst Steph Is Crypto has identified a double-bottom ("W") pattern, suggesting that if XRP holds above the neckline, it could surge towards $30 or more.

Donald Trump has recently doubled down on his support for Ripple, sharing two posts on Truth Social that highlight the company's growth under his administration. Ripple CEO Brad Garlinghouse attributes this growth to the "Trump effect," with U.S. deals surging in late 2024 and 75% of Ripple's new hires now based in the U.S.

With technical indicators aligning and political momentum building, XRP could be poised for its next big move. If buyers step in and the W breakout holds, Steph Is Crypto's $30 price target might not be far off.

StratoVM (SVM) Could Grab a Major Share of BTCFi Market with New Layer-2 Solution

StratoVM (SVM) is an emerging Layer 2 blockchain built on Bitcoin, enabling smart contracts, meme coins, AI, and DeFi applications directly on the Bitcoin network. Currently trading at $0.06324, SVM has shown remarkable growth with a 2553% increase from the previous week, according to CoinGecko data.

The project is expected to launch its mainnet soon, which could represent a significant development milestone. With a relatively modest valuation of nearly $6.3 million, a successful mainnet launch could potentially be bullish news for the project.

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