XRP Surges Over 30% to Become Third-Largest Cryptocurrency Following Trump Announcement

Donald Trump announced the creation of a National Crypto Reserve, including cryptocurrencies like XRP, SOL, ADA, BTC, and ETH.

Key developments include:

• XRP surged over 30%, becoming the third-largest cryptocurrency with a market cap of over $153B.
• Active addresses for XRP increased, indicating new investor interest.
• The SEC is expected to decide on Grayscale's XRP ETF by October, likely favoring XRP under the new administration.
• Analysts observe a potential upward momentum for XRP if it maintains levels above $3.
• Trump's support could bolster Solana's performance despite current congestion issues.
• Cardano's market cap rose to $35.7B after a 60% price increase, surpassing Dogecoin.

Overall, the announcement positions major cryptocurrencies to potentially drive the next bull run, while presale tokens could benefit from rising trends in the market.