US President Donald Trump recently signed an executive order to create a Crypto Strategic Reserve, including XRP, Solana, Cardano, and Bitcoin. The initial announcement caused the XRP market to surge, but the market has since experienced a decline. Experts believe that the plan is unlikely to receive congressional approval, and uncertainty around it may be affecting the XRP market. Economic indicators in the US, such as low non farm payrolls and an increased unemployment rate, suggest a less impressive macroeconomic scenario. Concerns about inflation and Federal Reserve policies have led to reduced risk appetite among crypto investors. The market's initial excitement has faded, and if selling pressure increases, the price of XRP could drop further. However, if the price can hold above certain levels and gain buying volume, it may have the potential to reach higher levels.



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