Ripple’s XRP Sees Exciting Price Surge
As of Sunday, Ripple’s XRP—now the fourth largest cryptocurrency—is capturing significant attention.
Following a March 2, 2025, announcement by Donald Trump on Truth Social, XRP experienced a remarkable 30% surge in price. This announcement seemingly buoyed the US Crypto Remerves, leading to a notable increase in market capitalization.
Coincidentally, this surge aligned with Ripple unlocking $1.1 billion worth of XRP tokens, totaling 400 million on March 3, 2025.
Trump’s Crypto Reserve Announcement
In what Trump described as a move to “promote this important industry after years of corrupt attacks by the Biden administration,” the inclusion of XRP generated immediate interest in the market. By March 3, XRP’s price had surged to $2.60, marking a 30% rise in just 24 hours.
This spike solidified XRP’s market capitalization, with a circulating supply of about 57.6 billion tokens out of a maximum of 100 billion, according to CoinmarketCap. The rapid price increase likely reflects heightened investor interest, particularly given the reserve’s potential to attract major players.
Ripple’s Monthly Unlock
On March 3, 2025, Whale Alert reported that Ripple unlocked 1 billion XRP from its monthly escrow. For this first batch, 500 million XRP was distributed in two transfers: 100 million and 400 million directed to the wallet “RGKHD…2BDH.” Shortly after, another 500 million XRP was transferred to “rhgfm…sbqr.”
In a strategic move, Ripple locked back 700 million XRP into escrow shortly after these transactions. The wallet holding the first 500 million sent 300 million to another wallet on March 1, effectively locking it again. The second wallet also secured its transfer with escrow.
What’s interesting here is that this routine lock—which usually goes unnoticed—gained traction largely due to its timing with Trump’s announcement.
XRP Price Surge and Market Analysis
The market reacted quickly, with XRP’s price jumping 10% on March 3, 2025, hitting $2.18 according to trading data. Over the last 72 hours, the total gains reached around 10%, signaling strong buyer interest. Technical analyses indicate that XRP might face resistance around the $3 threshold.
If buyers can break through that barrier, the next target could be the January 2025 high of $3.40, based on historical price movements.
The milestone of a $150 billion market cap further reinforces XRP’s standing. Yet, the additional locked XRP—valued at $1.82 billion based on current prices—underscores Ripple’s cautious management of its supply.
