Market Update

Trump mentions encryption reserves including XRP, Sol and Ada | Flash news details

On March 2, 2025, former President Donald Trump made an important statement on encrypted currencies, specifically stating the “encryption reserves” that includes XRP, Sol and Ada (AGGR News, 2 March 2025). This reference led to immediate reactions in the market, as XRP witnessed a 7.4 % increase in $ 0.78 during the first hour of the announcement at 10:00 pm ES COINMARKECAP, March 2, 2025). Likewise, Sol witnessed an increase of 5.2 % to $ 152.30, and ADA increased by 4.8 % to $ 0.45 during the same period (Coingecko, 2 March 2025). Trading volumes also increased dramatically, with a size of XRP to 1.2 billion units per hour, and a price at 350 million, and ADA at 800 million (CryptocCOCOPARE, 2 March 2025). This increase in commercial activity indicates the interest of the strong market in these assets after Trump’s statement.

Trading effects on Trump’s deep male. The increase in XRP prices led to the outbreak of its previous resistance level of $ 0.73, which he has struggled to overcome since February 20, 2025 (TradingView, March 2, 2025). XRP has risen to 72, indicating excessive conditions at the peak of purchase but also a strong bullish momentum (Investing.com, 2 March 2025). Sol price movement also penetrated its resistance at $ 148, as RSI reached 68, indicating a similar upward trend (Coinbase, March 2, 2025). ADA, on the other hand, broke its resistance at $ 0.43, with RSI 65, indicating less intense bullish momentum but still important (Binance, 2 March 2025). Increasing trading volumes of these assets indicate the possibility of constant interest and appreciation of more prices in the short term.

Technical indicators enhance the bullish feelings. The different moving average convergence of XRP (MACD) showed a bullish intersection on March 2, 2025, 11:00 AM, EST, with the MacD crossing over the signal line, indicating the possibility of continuing upward movement (Tradingvief, 2 March 2025). Sol’s Macd also showed an upper intersection at 10:30 am EST, indicating a similar trend (Coinbase, 2 March 2025). Ada’s Macd showed a bullish intersection at 10:45 am EST, supports ups in biological expectations (Binance, March 2, 2025). The scales on the XRP series showed an increase in active addresses by 20 % during the first hour of the advertisement, indicating an increase in interest and the possibility of continuous purchase pressure (Santiment, 2 March 2025). Sol and Ada also witnessed an increase in active addresses by 15 % and 18 %, respectively, during the same period (Cryptoquant, 2 March 2025).

Regarding the news related to the prosecution, there was no direct development of the aforementioned artificial intelligence alongside the Trump statement. However, the link between the artificial intelligence markets and the encryption markets can be observed by performing the prosecutor’s distinctive symbols such as Singularity (AGIX) and Fetch.ai (Fet). After Trump mentioned, AGIX witnessed an increase of 3.2 % to $ 0.55, and FET saw 2.8 % to $ 0.82 during the first hour at 10:00 pm ES (CONINECKO, 2 March 2025). AGIX and Fet trading volumes increased by 250 million and 180 million units, respectively, indicating an indirect positive impact of the broader encryption market led by Trump’s statement, March 2, 2025. This indicates that the prosecutor’s distinctive symbols may benefit from the enthusiasm of the public market, even in the absence of specific news of artificial intelligence. The AI-Crypto market is also evident in feelings analysis, which showed a 10 % increase in positive morale towards the distinctive symbols of social media platforms after Trump’s advertisement (Lunarcyrush, 2 March 2025). This transformation can lead to an increase in trading volumes and potential trading opportunities in the prosecutor’s encrypted currencies.

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