Greetings, investors! Welcome to your Thursday update on March 20, 2025—a focused look at the pivotal events shaping XRP this month. Trading at $2.27 as of yesterday (CoinMarketCap), XRP’s journey in March reflects regulatory shifts, market dynamics, and Ripple’s strategic moves—here’s a detailed breakdown of the top developments driving its path.
- SEC Appeal Dropped
- Date: March 19
- Details: Ripple CEO Brad Garlinghouse announced the SEC abandoned its appeal in the landmark case—Bloomberg confirms the end of a 4-year fight; XRP surged 10% to $2.59 intraday, settling at $2.27.
- Why: Clears securities ambiguity—$125M fine in escrow now under review; X posts cheer: “XRP unleashed!”
- XRP ETF Filings Surge
- Date: Ongoing (13+ filed by March 17)
- Details: Franklin Templeton and others filed for XRP spot ETFs—CoinDesk notes 17 pending by mid-March; approval odds rise post-SEC shift.
- Why: Institutional adoption looms—$2.21 max projection if approved (Margex); X buzzes: “Wall Street’s in!”
- Ripple Custody Trademark
- Date: March 12
- Details: Ripple filed for “Ripple Custody”—Coinpedia reports a secure storage push for financial institutions; integrates with XRP Ledger.
- Why: Expands utility—$2.44 March peak forecast (Changelly); X posts: “Custody’s a game-changer!”
- Market Volatility
- Date: March 17-18
- Details: XRP fell 4.07% to $2.34 on March 17, then rose 1.96%—FXEmpire ties to Fed rate jitters and tariff fears; outflows hit 501K vs. 482K inflows (Coinpedia).
- Why: Macro risks test resilience—$2.00 support holds; X notes: “Choppy but steady!”
- Trump’s Crypto Reserve Nod
- Date: March 19
- Details: Trump reiterated XRP in a U.S. crypto reserve—CoinDesk links to yesterday’s Putin call; boosts sentiment.
- Why: Policy tailwind—$3.99 potential by year-end (LiteFinance); X posts: “Strategic XRP!”
Markets shift—Coinbase (COIN) at $182 and PepsiCo (PEP) at $171 reflect crypto-consumer ties. XRP’s $2.27 holds—$3-$5 range eyed if catalysts align. GLHR Investing Team’s got your edge—act with precision!
Bonus: Dogecoin Update
- Price: $0.16 (March 18)
- Details: Down 4% Tuesday (Decrypt)—1.7B DOGE whale buys ($285M) in early March signal conviction (Benzinga); Fed rate focus weighs.
- Why Hot: Meme appeal and Elon’s sway—$0.20-$0.30 possible if BTC rallies; X posts: “Doge’s got legs!”
