XRP News Today: XRP Surges 34% After Trump's Crypto Reserve Announcement

Software engineer Vincent Van Code recently expressed skepticism about the potential impact of an anticipated announcement by U.S. President Donald Trump on the price of XRP. In a post on X, Van Code cautioned XRP holders about the low probability of a significant price increase following Trump's announcement, estimating the likelihood at 0.0001%. He advised those considering a speculative buy-in before the announcement to think twice, suggesting that such a gamble might be better suited for a casino. Van Code emphasized that long-term investment strategies should be based on fundamentals rather than short-term market hype.

The speculation around Trump's upcoming announcement stems from his recent establishment of the U.S. Crypto Strategic Reserve, which includes several leading cryptocurrencies, including XRP. This move led to a 34% surge in XRP's value, briefly pushing it above $3.00, before a subsequent 18% correction. Despite this volatility, the initial spike has fueled hopes that Trump's next move could similarly boost XRP's market performance.

Van Code's cautious stance is rooted in the idea that political announcements, while impactful in the short term, rarely guarantee sustained price increases for digital assets. He likened speculative trading based on political news to gambling, urging investors to adopt a long-term perspective. This perspective is crucial in a market where sentiment driven by speculative news often diverges from the fundamental value of cryptocurrencies.

The real drivers of XRP's sustained value, according to analysts, are its adoption in cross-border payments, technological advancements on the XRPL, and legal clarity in the ongoing Ripple vs. SEC lawsuit. These factors, rather than political announcements, are seen as the key to long-term stability and growth for XRP. Experts remain divided on whether political announcements alone can create substantial price appreciation, highlighting the unpredictability of the markets.

For XRP holders considering a buy-in before Trump's next statement, the risk lies in the unpredictability of market responses. Past events have shown that even seemingly favorable news can lead to brief surges followed by significant corrections. Therefore, relying solely on political signals to make investment decisions can result in financial losses if the market does not react as expected.

Van Code's message serves as a reminder to the XRP community that hype-driven investments often carry substantial risks. While the anticipation around President Trump's next announcement continues to build, it remains essential for investors to differentiate between speculative opportunities and fundamentally sound investments. As the global crypto landscape continues to evolve, maintaining a balanced approach grounded in research and long-term strategy will be key to navigating potential volatility.