XRP News Today: Trump Executive Order Could Unlock $8.7 Trillion 401(k) Crypto Access XRP Gains 153%

Generated by AI AgentCoin World
Friday, Aug 8, 2025 1:50 pm ET1min read
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Aime RobotAime Summary

- Trump signed an executive order enabling 401(k) accounts to invest in cryptocurrencies, targeting $8.7 trillion in retirement assets.

- XRP's trading volume surged 153% after the announcement, breaking a $3.30 resistance level with bullish momentum.

- Analysts project XRP could reach $10 or $1,000 if a spot ETF is approved and institutional demand is unlocked.

- Market optimism extends to speculative projects like Maxi Doge (MAXI), which raised $500k in its presale with leveraged investment strategies.

President Donald TrumpTRUMP-- recently signed an executive order directing key U.S. agencies—including the Securities and Exchange Commission—to revise regulations and guidance to allow 401(k) accounts to include cryptocurrencies. This directive aims to democratize access to alternative assets for millions of American investors [1]. According to the Investment Company Institute, these accounts currently hold $8.7 trillion in assets [1]. Analysts suggest that if a spot XRPXRP-- exchange-traded fund (ETF) is approved and included in 401(k) plans, billions of dollars could flow into XRP within weeks [1].

Following the announcement, XRP's trading volume surged by 153% in the past 24 hours, significantly outpacing the modest gains seen in other major altcoins like SolanaSOL-- (SOL) and EthereumETH-- (ETH) [1]. On the 4-hour chart, XRP has broken through a key resistance level at $3.30, with momentum expected to carry into the weekend amid increased buyer interest [1]. A short-term target of $3.65 has been identified, with the potential for further upward movement if institutional demand is unlocked by regulatory approvals [1].

While a price jump to $1,000 appears ambitious, analysts have suggested that a move to $10 is plausible under the right conditions, particularly if a spot ETF is launched and 401(k) inclusion is authorized [1]. Such developments could attract major institutional investment and significantly impact XRP’s price trajectory [1].

Notably, the bullish market sentiment is also spurring interest in other high-upside projects. For example, the presale of the meme coin Maxi DogeDOGE-- (MAXI) has already raised nearly $500,000, indicating strong retail investor appetite for speculative opportunities [1]. The project has announced a leveraged investment strategy through the Maxi Fund, using up to 1,000x leverage to pursue high-conviction trades [1].

Sources:

[1] "XRP Price Prediction: Trump’s $8.7 Trillion 401(k) Crypto Plan Could Trigger XRP Explosion to $1,000," Cryptonews, https://cryptonews.com/news/xrp-price-prediction-trumps-8-7-trillion-401k-crypto-plan-could-trigger-xrp-explosion-to-1000/

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