XRP Price Movement in AUD
XRP is trading at A$3.85, marking a 1.9% decline in the last 24 hours. Despite the dip, XRP has gained 5.8% over the past week. The highest price recorded in the last seven days was A$4.01 on Thursday, while the lowest was A$3.60 on Wednesday. XRP’s 24-hour trading volume stands at A$7.49 billion, highlighting strong market activity.
Weekly Price Performance:
- March 21: A$3.85 (-1.8%)
- March 20: A$4.01 (+11.4%)
- March 19: A$3.60 (-1.9%)
- March 18: A$3.67 (+0.8%)
- March 17: A$3.64 (-3.8%)
- March 16: A$3.78 (+1.5%)
- March 15: A$3.73 (+4.1%)
Figure 1: Last 24-hour performance of XRP [CoinGecko]
Ripple CEO Eyes XRP’s Inclusion in U.S. Strategic Reserve
Ripple CEO Brad Garlinghouse has hinted at XRP’s potential inclusion in the United States’ digital asset reserve. His comments follow President Donald Trump’s executive order, which proposed a Strategic Bitcoin Reserve and a broader crypto stockpile.
In a recent Bloomberg interview, Garlinghouse said:
“XRP was named by the President of Truth Social. (He said) there’s gonna be a Bitcoin strategic reserve and a crypto stockpile that will include things like XRP.”
While the U.S. government has not confirmed XRP’s inclusion, market analysts believe XRP’s institutional adoption makes it a strong contender.
XRP ETF Expected by Late 2025
Garlinghouse also expressed optimism about the approval of an XRP exchange-traded fund (ETF). He believes the SEC could approve an ETF by the second half of 2025, now that the lawsuit against Ripple is resolved.
“I have immense belief in the ETFs,” Garlinghouse said, highlighting XRP’s global exchange-traded product (ETP) success.
Several asset management firms, including Bitwise and Franklin Templeton, have already filed for XRP ETFs. The SEC could decide on pending applications by May 2025, with some industry insiders predicting a decision by May 22.
XRP’s Market Surge and Institutional Interest
XRP’s price has been climbing amid speculation of an ETF launch and improved regulatory clarity. The token is now the third-largest cryptocurrency, trailing only Bitcoin (BTC) and Ethereum (ETH).
Institutional demand is rising, with offshore XRP ETPs seeing strong inflows, despite outflows from other crypto investment products. This suggests investors are increasingly bullish on XRP’s long-term potential.
Ripple’s Future Plans
Beyond ETFs, Ripple is exploring new opportunities in the digital asset space. While a public listing (IPO) is a possibility, Garlinghouse clarified:
“Something is possible; it isn’t a huge priority.”
Ripple is also engaging with U.S. policymakers to promote crypto-friendly regulations. Garlinghouse noted a shift in government sentiment, saying:
“In the past, we couldn’t meet anyone at the White House. Now, we are welcomed. This change shows a broad acceptance of the Ripple market.”
Final Thoughts
With the SEC case behind it, Ripple is entering a new growth phase. The potential U.S. reserve inclusion and XRP ETF launch could boost XRP’s adoption and price performance. As institutional interest grows and regulatory clarity improves, XRP appears well-positioned for long-term success in the global financial system.
