The recent initiative of the American government to create a digital reserve based on cryptocurrencies has caused a real storm of discussion. Instead of uniting the crypto community, this move has become a source of controversy, especially around Ripple [XRP]. At the center of the discussion was the decree of President Donald Trump dated January 23, 2025.
What happened?
The presidential decree entitled "On strengthening American leadership in the field of digital financial technologies" proposed the creation of a "strategic crypto reserve." At first glance, it sounds like a positive step for the industry, but the key question is which assets should be included in this reserve?
Bitcoin supporters insist that only BTC deserves a place in such a reserve. They claim that the decree should have explicitly named bitcoin and ignored the rest of the assets. Ripple was criticized for the fact that its lobbying efforts allegedly influenced the wording of the document.
Prominent industry figures such as Pierre Rochard of Riot Platforms and Ryan Selkis of Messari have spoken out against the inclusion of XRP. They believe that the US digital reserve should rely solely on bitcoin, calling Ripple an example of unnecessary "redundancy."
How is XRP coping with this pressure?
Interestingly, amid the political debate, XRP continues to show resilience. The price at the time of publication was $3.1353, which is 0.90% higher. The pair maintains a bullish trend due to the intersection of the 50-day and 200-day moving averages (2.5373 and 1.1871, respectively).
In addition, the trading volume of XRP remains stable at 23.66 million. Since November 2024, the asset has been showing higher lows, forming an ascending channel. The RSI indicator at 63.93 indicates a moderate bullish momentum, which eliminates the risks of overbought conditions.
Psychology of the market and reactions of participants
An interesting detail is how the market reacts to this controversy. Despite the criticism of Ripple on social media, the balanced sentiment remains in the neutral zone. This suggests that most investors may be taking the situation more rationally than one might expect.
Such stability may be a sign that the market is becoming more mature and resilient to political shocks. Institutional investors are likely to maintain their positions, seeing XRP's long-term prospects.
What will all this lead to?
Discussing the composition of the US digital reserve is not only a struggle for recognition, but also for dominance in the cryptocurrency world. Ripple has managed to attract attention, but will the company and its assets be able to use this moment to their advantage?
What do you think, will XRP become part of this reserve, or will bitcoin take over the entire stage?