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Key Cryptocurrencies Emerge After Trump's Statement, Including Ripple (XRP)

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by Giorgi Kostiuk

3 hours ago


Following US President Donald Trump's announcement of the cryptocurrency reserve, focus has shifted to key cryptocurrencies like Ripple (XRP).

Cryptocurrency Reserve Announcement

US President Donald Trump announced the establishment of a strategic cryptocurrency reserve, which includes important assets such as Ripple (XRP), Cardano (ADA), Solana (SOL), and Ethereum (ETH). This announcement immediately drew attention to the key cryptocurrencies linked to future economic strategies of the USA.

Analyst ZachXBT's Statement

Cryptocurrency analyst ZachXBT warned that Ripple's management possesses a large amount of XRP. According to the analyst, more than 2.7 billion XRP addresses belong to Ripple co-founder Chris Larsen, with a total worth of about $7.18 billion. These addresses transferred $109 million worth of XRP to centralized cryptocurrency exchanges in January 2025.

XRP and Other Cryptocurrencies Situation

ZachXBT also noted that some of the addresses he monitored showed no activity for 6-7 years. It is possible that Larsen has lost access to these addresses or sold them in February 2013. It was also reminded that Larsen was a victim of a $112 million hack last year.

The inclusion of XRP and other cryptocurrencies in the strategic reserve indicates their importance and attention by government structures.

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