XRP News Today: Trump's Crypto Reserve Plan Boosts XRP's Potential 1000%

Patrick Bet-David, CEO of Valuetainment and host of the PBD Podcast, has made a bold prediction regarding XRP, suggesting that a recent development could trigger a significant price surge. In a video, Bet-David analyzed a key event that might shape the future of XRP and the broader cryptocurrency market, urging investors to “pay attention” to what could be unfolding.

Notably, the catalyst for Bet-David’s discussion was President Donald Trump’s March 2 announcement of his intention to establish a U.S. crypto strategic reserve, akin to Fort Knox for gold. Notably, Trump’s post listed XRP first among cryptocurrencies, ahead of Bitcoin and Ethereum. Bet-David noted he found this prioritization surprising and speculated that it could signal growing institutional interest and potential regulatory clarity that may benefit XRP.

Bet-David further highlighted XRP’s potential to replace SWIFT, the global messaging network for interbank payments, which currently processes approximately $5 trillion in transactions daily, totaling $1.25 quadrillion annually. He suggested that if XRP were to capture even 5-10% of SWIFT’s volume, its price could rise dramatically. Notably, analysts have speculated that such adoption could push XRP’s market cap to $10 trillion, potentially elevating its price to $100 per token. In a scenario where XRP fully replaces SWIFT, the token could theoretically reach $1,000.

Additionally, he pointed to XRP’s increasing institutional usage. Over 300 financial institutions, including Bank of America and American Express, have integrated RippleNet, signaling strong industry interest. Furthermore, Ripple’s partnerships with governments for central bank digital currency (CBDC) infrastructure add to its credibility. Despite its potential, Bet-David acknowledged XRP’s challenges, particularly regulatory scrutiny from the U.S. Securities and Exchange Commission (SEC). He mentioned Ripple’s seven-year-long legal battle with the SEC, noting that the lawsuit has slowed XRP’s adoption. However, he pointed out that with SEC Chair Gary Gensler’s potential departure in 2025, the case could be resolved, paving the way for institutional adoption.

“Who knows what’s going to be happening? When the president puts XRP at the top of the list in his Truth Social post, followed by a retweet mentioning Bitcoin and Ethereum, it makes you wonder, maybe something is about to happen,” Bet-David speculated. Bet-David clarified that he is not an XRP maximalist, noting that his Bitcoin holdings far exceed his XRP stake. However, he predicted a significant surge for XRP in the near future. “I would be paying attention,” he advised. “The next 3, 6, or 12 months could be game-changing for XRP.”

In a significant development, former U.S. President Donald Trump has proposed the establishment of a national cryptocurrency reserve, which could potentially position XRP as the next major winner in the crypto market. This move is part of Trump's broader campaign promises to make the U.S. a leader in cryptocurrency innovation. The strategic reserve, which includes Bitcoin, Solana, and XRP, aims to leverage the potential of these digital assets to enhance the country's financial infrastructure.

The inclusion of XRP in the reserve is particularly noteworthy. XRP, known for its speed and low transaction costs, has been gaining traction as a potential replacement for the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system. According to analysts, if XRP were to fully replace SWIFT, the token's value could theoretically reach $1,000. This is due to the increased institutional usage of XRP and its potential to revolutionize cross-border payments.

Trump's proposal comes at a time when the cryptocurrency market is experiencing significant growth and institutional adoption. The 's support for a national cryptocurrency reserve could accelerate the integration of digital assets into mainstream finance. This move is seen as a strategic play to position the U.S. at the forefront of financial technology, potentially attracting more investors and innovators to the crypto space.

The potential replacement of SWIFT by XRP is a theory that has been gaining traction among analysts. SWIFT, the global messaging network used by banks and financial institutions for international transactions, has long been criticized for its high fees and slow processing times. XRP, with its faster and cheaper transactions, could offer a more efficient alternative. If this theory comes to fruition, it could have profound implications for the global financial system, making XRP a key player in the future of digital finance.

Trump's proposal also aligns with his broader vision for the U.S. to become a leader in cryptocurrency innovation. By establishing a national reserve, the U.S. could set a precedent for other countries to follow, potentially leading to a global shift towards digital currencies. This move could also attract more institutional investors to the crypto market, further boosting the value of digital assets like XRP.