Ripple (XRP) News: Researcher claims XRP could reach $1,000 if Trump makes this $34 Trillion move

Source Fxstreet
  • XRP price perched above the $3.15 mark on Friday, up 13% since Trump’s inauguration. 
  • Prominent Researcher, Dr Horace Drew has speculated that President Trump could mitigate the $34 trillion federal debt by choosing XRP over Bitcoin for the US Strategic Reserve.
  • Drew also speculated that as XRP’s value skyrocketed from its current $3.15 level to as much as $1,000
     

XRP price prodded above the $3.15 mark on Friday, up 13% since Trump’s inauguration. Speculations around US adoption of cryptocurrency for strategic reserve has sparked optimistic predictions among market watchers. 

XRP price holds firm above $3 as Trump catalysts kick-in

Having run a crypto-friendly manifesto, President Donald Trump’s administration has been a major talking point among digital asset traders over the last three months.

This is especially true among Ripple (XRP) investors and a handful of privacy-focused tokens that came under intense scrutiny during the Biden administration.

In the days leading up to the inauguration, Ripple Co-founder Brad Garlinghouse confirmed his attendance at a Mar-a-Lago dinner with President Trump, heightening market speculations of the firm's positive links to the administration.

As expected, XRP's price reacted positively as President Trump leaned aggressively towards the crypto sector, launching memes, pardoning Ross Ulbricht, and appointing key figures like Paul Atkins as SEC Chair and David Sacks as Crypto Czar.

Ripple (XRP) Price Action, January 24, 2025 | Source: TradingView 

The chart above shows XRP's price moving up 13% since the inauguration, rising from $2.80 on Monday to hit $3.20 at press time on Friday.

These developments have evidently boosted investor confidence in XRP, as the Trump administration's pro-crypto stance suggests potential favorable regulatory frameworks ahead. 

DNA Scientist, Dr Horace issues $1,000 prediction if Trump replaces Bitcoin with XRP for US strategic reserve. 

Market watchers are optimistic that continued support from the highest levels of government could further propel XRP's value in the coming months.

However, those speculations heightened on Friday as  Dr Horace Drew, an Australian DNA Scientist, and recognized figure within the global XRP community issued bold price prediction targets for the Ripple-backed coin under Trump’s Presidency. 

The speculative narrative surrounding Ripple’s XRP surged to new heights as Dr. Horace Drew, an Australian DNA scientist widely recognized in the global XRP community, issued a provocative $1,000 price forecast.

Known online by his pseudonym “Red Collie,” Drew is no stranger to bold predictions, and his latest theory ties XRP’s meteoric rise to President

Trump’s potential crypto policy maneuvers.

In a series of viral tweets, Dr. Drew suggested that Trump may opt to use XRP, instead of Bitcoin, for the U.S. Strategic Reserve. His reasoning?

Bitcoin’s purchase would increase the $34 trillion federal debt, whereas utilizing Ripple’s escrowed XRP holdings—currently held by the SEC under litigation—could effectively bypass that financial burden. 

Drew speculated that as XRP’s value skyrocketed from its current $3.15 level to as much as $1,000, the U.S. could cancel its federal debt entirely while generating surplus funds for other initiatives.

“Trump is cunning like a fox,” Drew remarked, pointing to multiple “tells” that suggest Ripple’s deeper involvement in government-level strategies.

Among his claims:

  • Ripple Board Member Rosie Rios, whose signature graces U.S. $100 bills, reportedly intends to work closely with Trump.
  • Donald Trump Jr. 's crypto investments deliberately avoid XRP to prevent conflicts of interest.
  • The SEC’s legal battle with Ripple, which includes escrowed XRP as a potential penalty, hints at future government use.

Drew also cited Trump’s promises to eliminate the federal debt “right away” and cryptic posts from Ripple-affiliated communities referencing the $34 trillion figure.

However, market watchers remain cautious of the legal complexities and geopolitical risks associated with XRP’s adoption at such a scale.

While Dr. Drew’s projections are largely speculative, Nonetheless, Drew’s prediction underscores growing optimism within the “Ripple Army” as Trump’s administration kicks off. 
 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Natural Gas sinks to pivotal level as China’s demand slumpsNatural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
Author  FXStreet
Jul 01, 2024
Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It
placeholder
Bitcoin Outlook 2025As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
Author  TradingKey
Jan 23, Thu
As the Bitcoin market continues to mature, its 2025 outlook appears highly favourable, driven by institutional adoption and regulatory developments.
placeholder
Ripple says XRP reports will look different moving forward, avoiding an SEC repeat-case scenarioRipple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025.
Author  Cryptopolitan
May 06, Tue
Ripple CEO Brad Garlinghouse announced late Monday that the company will end its quarterly XRP Markets Report updates after Q2 2025.
placeholder
Solana (SOL) Cools After Recovery — Resistance Proving Difficult to CrackSOL price is now correcting gains and might struggle to rise above the $155 resistance.
Author  NewsBTC
Jul 04, Fri
SOL price is now correcting gains and might struggle to rise above the $155 resistance.
placeholder
Gold price edges up as the post-NFP USD rally falters amid US fiscal concernsGold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and for now.
Author  FXStreet
Jul 04, Fri
Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and for now.
Related Instrument
goTop
quote