The cryptocurrency market has shown stability with a market cap of $2.7 trillion, up 1.73% in the last day, at press time. Trading volume is $100.95 billion, down 14.00%, indicating less activity. DeFi volume is $6.23 billion (6.18% of the total), and stable coins dominate at $94.91 billion (94.02%). Bitcoin’s dominance is 61.30%, up 0.27%, driving market trends.
XRP, linked to Ripple, is included in the U.S. Digital Asset Stockpile, announced by President Trump, alongside ether, Solana, and Cardano. This could enhance XRP’s value. The SEC case against Ripple has seen favorable rulings, like XRP sales on exchanges not being securities, boosting confidence. Ripple unlocked 500 million XRP tokens recently, with a pro-crypto message.
XRP trades at $2.23, with a $129.77 billion market cap, showing growth potential, as rumors of an April 16 withdrawal of the SEC suit spread, following a filing by Ripple’s legal team for a cross-appeal brief in the SEC case.
Below are full details of these findings.
The global cryptocurrency market, per CoinMarketCap, shows a current market cap of around $2.7 trillion. This figure pictures a fair uprise of 1.73% over the last 24 hours, hinting at a stable market with a positive vibe.
Albeit, the total trading volume in the same period is $100.95 billion, which has dipped by 14.00%. This bottom indicates a slowdown in trading activity, possibly due to market consolidation or reduced volatility.
Within the market, decentralized finance (DeFi) plays a huge role, with a 24-hour volume of $6.23 billion, repping 6.18% of the total volume. Stablecoins, known for their price stability, dominate with a volume of $94.91 billion, that is, 94.02% of the total volume, underpinning their importance in maintaining liquidity.
BTC continues to lead with a dominance of 61.30%, which has seen a little increase of 0.27% over the day. This dominance paints BTC’s role as the primary pump of market sentiment, influencing the performance of altcoins and the overall market direction.
XRP, the native token of the Ripple payment protocol, has been at the center of notable trends recently. One of the most talked about is XRP’s likely inclusion in the U.S. Digital Asset Stockpile, as announced by President Donald Trump in early March 2025.
According to Coinfomania, Trump’s X post included Ripple (XRP), Solana (SOL), and Cardano (ADA) alongside Bitcoin (BTC) and Ether (ETH), flashing a blossoming acceptance of digital assets. This stockpile, managed by the Department of Commerce, aims to support the development and deployment of digital asset technologies, possibly upping XRP’s credibility and market value.
Another development is Ripple Labs’ routine unlocking of 500 million XRP tokens, reported by Binance Square. This event, typically for liquidity, included a message hinting at making “crypto great again,” possibly aligning with the new administration’s pro-crypto stance, adding intrigue to market discussions.
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