XRP Surges 5% as Ripple Hits $100B Milestone and Trump Pledges Hormuz Security

Key Facts

1XRP price jumped over 5% coinciding with a Bitcoin rebound.

2Trump's pledge regarding Hormuz insurance helped fuel optimism in the crypto market.

3Ripple reached a significant milestone of $100 billion in total payments.

XRP experienced a significant price jump of over 5%, tracking a broader recovery in the cryptocurrency market led by Bitcoin (BTC). This rally comes as Ripple Labs announced a major milestone, with total payments processed through its network reaching $100 billion. Market sentiment was further bolstered by President Donald Trump's recent pledge regarding the insurance and security of the Strait of Hormuz, which reduced geopolitical uncertainty. Analysts suggest that the combination of network growth and geopolitical stability is attracting fresh capital into the digital asset space. Additionally, steady inflows into crypto ETFs continue to provide a supportive backdrop for major tokens like XRP. Despite some technical resistance, the fundamental outlook for Ripple remains strong following these dual developments.