There’s been a lot of talk online that Donald Trump might have blacklisted XRP, but what’s the truth? Let’s break it down.
On March 2, 2025, President Trump posted a statement on social media announcing his support for the U.S. “crypto strategic reserve” that would include XRP, Solana, and Cardano. In the post, he criticized the Biden administration’s handling of crypto and pledged to make the U.S. the global crypto leader. However, less than 24 hours later, the post was deleted.
According to a various reports, Trump may have been misled into making the announcement by a lobbyist named Brian Ballard, who reportedly gave Trump the wording for the post. Ballard is said to have ties to Ripple Labs, the company behind XRP. Once Trump found out about the connection, he was reportedly furious and cut ties with Ballard.
Despite this incident, there is no official statement or evidence that Trump has “blacklisted” XRP or that the digital asset is under any kind of ban or restriction from Trump or his team. It appears more like a misunderstanding and personal frustration rather than a formal policy stance.
For the unversed, Ripple has had past political connections, including donations to Trump-aligned political committees. Ripple’s Chief Legal Officer and CEO have both reportedly met with Trump in the past.
So, while the deleted post and Trump’s reaction have caused a stir, XRP is not blacklisted, and there is no sign of a formal fallout. In fact, the coin continues to perform in the market, and some analysts still see it as a strong contender in the current crypto cycle.
You are on top of things. The SEC agreed for the fine to be reduced from $125 million to $50 million and the SEC agreed to the permanent injunction being lifted. Yep, Trump is furious https://t.co/aBRL4R6pr3
To add to the drama, attorney Bill Morgan reacted to the news on X (formerly Twitter) and laughed it off. He wrote, “You are on top of things. The SEC agreed for the fine to be reduced from $125 million to $50 million and the SEC agreed to the permanent injunction being lifted. Yep, Trump is furious.”
Conclusion:
Trump may have been upset about being associated with XRP without his full understanding, but there is no evidence he has blacklisted or banned XRP. The situation also shows the growing influence of crypto lobbyists — and the risks of political entanglement in the fast-moving digital asset world.
Bitcoin, the leading cryptocurrency, has recently shown signs of recovery after a period of consolidation. Over the past few weeks, BTC’s price action has begun to push higher, suggesting the possibility of a rally that could propel the cryptocurrency toward the much-anticipated $100,000 mark.
This movement has sparked renewed optimism among investors, as a significant price surge could bring considerable profits to those holding Bitcoin.
Bitcoin Investors Are Eager For Profits
The MVRV (Market Value to Realized Value) ratio has recently bounced off the mean line of 1.74, which is historically a strong point of confidence for Bitcoin. When this ratio rebounds from the 1.74 level, it often signals the early stages of a bull market. This market structure closely mirrors the one seen during the previous consolidation phase in 2024, which culminated in a peak during the yen-carry-trade unwind in August.
Following this, Bitcoin experienced a sharp price jump in September 2024, validating the bullish signal provided by the MVRV ratio. As Bitcoin’s price approaches this key level once again, there is potential for similar price action.
Bitcoin’s overall macro momentum is also supported by strong demand from investors. According to the IOMAP (In/Out of the Money Around Price) data, approximately 649,600 BTC, valued at over $61.6 billion, were purchased between $95,193 and $97,437. This large accumulation by investors establishes a solid support level for Bitcoin, should BTC holders refrain from selling immediately to break even. BTC could rise further if greed drives these investors to hold instead of selling immediately.
Combined with the early signs of a bull market with demand for gains, Bitcoin could reach the $98,000 resistance, validating the profitability of the $61.6 billion worth of BTC bought at these levels and securing the range as support. The increasing number of buyers in this range creates a strong foundation for Bitcoin’s price to surge further.
Bitcoin’s price has shown a short-term uptrend over the past three weeks, currently trading at $94,748. Although Bitcoin has been consolidating below the $95,761 level for the past week, it is poised for a possible surge. The positive momentum indicates that Bitcoin may break through the current resistance and continue its upward trajectory.
If Bitcoin manages to secure $95,761 as support, it could begin its climb toward $98,000. Breaking this resistance would open the path for Bitcoin to target the next key level of $100,000, which remains a major psychological barrier for investors. With strong support levels and positive market sentiment, Bitcoin could reach these milestones sooner than expected.
However, if Bitcoin fails to breach $95,761 and falls through the support at $93,625, it could face a decline to $91,521. This drop would invalidate the short-term bullish outlook, signaling potential market weakness. A reversal at these levels would require close monitoring of market conditions to determine the next potential price movements.
Minnesota State Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, a proposal he created after a complete shift in his views on Bitcoin.
Minnesota Bitcoin Act Seeks to Modernize State Finances
Minnesota could become one of the first states to use Bitcoin and other cryptocurrencies for state investments, retirement plans, and tax payments. The Minnesota Bitcoin Act (SF2661), introduced by Senator Jeremy Miller on March 18, aims to expand financial options, modernize payments, and create new opportunities for residents.
“As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more about it, to believing in Bitcoin and other cryptocurrencies,” Miller noted in a March 18 statement.
Miller believes the bill will help “promote prosperity” for Minnesotans by letting the Minnesota State Board of Investment to invest in Bitcoin and other cryptocurrencies, just like it does with traditional assets.
“I believe global digital currencies are here to stay and it’s inevitable that they become more and more mainstream,” he said. He further added Crypto is a versatile digital asset that can be used in multiple ways, including as investments, global currency, or a hedge against inflation. Besides, 23 other states are also exploring similar Bitcoin reserve bills.
Miller’s bill would allow Minnesota state employees to add Bitcoin and other cryptocurrencies to their retirement accounts. It would also give residents the option to pay state taxes and fees with Bitcoin.
States Follow Lummis’ Lead with Bitcoin Reserve Bills
Several states are pushing forward with Bitcoin and crypto measures. Texas lawmakers are advancing a plan for a state-managed Bitcoin reserve, along with nearly two dozen other states. New Hampshire is considering a bill to allow state investment in Bitcoin, and Colorado and Utah accept crypto for tax payments. Louisiana uses crypto for state service payments. The federal government is also exploring proposals for a national Bitcoin reserve.
Under the bill, investment gains from Bitcoin and other cryptocurrencies would be exempt from state income taxes. In the U.S., up to $10,000 paid to the state can be deducted from federal taxes, but amounts above that are taxed at both the state and federal levels.
More U.S. states are introducing Bitcoin reserve bills, following Senator Cynthia Lummis’ July proposal for a Strategic Bitcoin Reserve Act, which directs the federal government to buy 200,000 Bitcoin annually for five years, totaling 1 million Bitcoin. On March 12, Lummis reintroduced the BITCOIN Act, allowing the government to hold over 1 million Bitcoin as part of a new reserve.
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Minnesota State Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, a proposal he created after a complete shift in his views on Bitcoin. Minnesota Bitcoin Act Seeks to Modernize State Finances Minnesota could become one of the first states to use Bitcoin and other cryptocurrencies for state investments, retirement plans, and tax payments. The …
The live price of the Cardano token is $ 0.88222552.
ADA coin price could reach a potential high of $2.62 in 2025.
Cardano’s price, with a potential surge, could go as high as $10.32 in 2030.
The crypto market experienced a strong bullish price action during Q4 2024. This resulted in the Bitcoin price achieving a new ATH. Moreover, with the highly anticipated AltSeason around the corner, the altcoin market is projected to achieve a new high in 2025.
Are you considering buying Cardano this month before the altcoin season begins? Or, are you wondering, “Is Cardano a good investment?” or “Will Cardano reach $10?”
Check out our detailed Cardano price prediction 2025, 2026 – 2030 for all your FOMOs and FUDs.
The year 2025 could signal growth for ADA crypto, with prices potentially heading toward a new ATH. Notably, with the pro-crypto motive of Donald Trump, the President of the United States of America, the altcoin market is set to record a new high in 2025.
Moreover, with increased adoption and rising bullish sentiment, the Cardano price may achieve an annual high of $2.62. However, a bearish price sentiment could result in this altcoin concluding the year with a potential low of $1.81.
Considering the present market statistics, the average price of the ADA token could settle around the $2.10 mark for that year.
Moving into 2026, ADA’s potential price is foreseen to elevate further, ranging between a low of $2.76 and a high of $3.30. The average price during this period could stand at $3.03.
Cardano Price Targets 2027
The analysis suggests a further surge in Cardano’s value by 2027, with the price potentially hitting between $4.56 and $5.03. The average price during this period could stand at $4.79.
ADA Price Forecast 2028
In 2028, ADA’s price could rise to fall between $5.29 and $5.73, with the average price standing at $5.51.
ADA Price Analysis 2029
By 2029, Cardano’s price is projected to rise between $6.68 and $7.79, with the average price reaching $7.235.
Cardano Price Prediction 2030
Finally, by 2030, Cardano’s price is predicted to soar between $9.12 and $10.32, with the average price potentially standing at $9.72.
Based on the historic market sentiments, and trend analysis of the altcoin, here are the possible Cardano price targets for the longer time frames.
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2031
10.45
10.92
11.39
2032
13.96
14.33
14.71
2033
17.64
18.63
19.63
2040
34.27
51.80
69.33
2050
128.14
228.85
329.56
Market Analysis
Firm Name
2025
2026
2030
Changelly
$1.12
$0.785
$3.54
Coincodex
$2.23
$0.793
$1.49
Binance
$0.930
$0.976
$1.187
*The aforementioned targets are the average targets set by the respective firms.
CoinPedia’s Cardano (ADA) Price Prediction
Assuming that Cardano continues to focus on the network’s upcoming updates, we can expect a wider adoption rate. Moreover, with the upcoming bull run and the new altcoin season, Cardano is all set to reach unprecedented heights.
We expect the ADA price to reach $2.62 in 2025.
Year
Potential Low ($)
Average Price ($)
Potential High ($)
2025
1.81
2.115
2.62
Coinpedia’s Price Analysis provides you with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies.
FAQs
How high can Cardano go by the end of 2025?
According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.62 in 2025.
If you had invested $100 in Cardano in 2020, what would it be worth now?
Assuming the best case is that you invested in Cardano in January 2020, your investment would have increased by 3,113.09%. In short, for every $100, you would have made an extra $3,213.09.
What is the price of one ADA token?
At the time of writing, the price of 1 Cardano ADA token was $0.8779.
Is Cardano a good investment in 2024, amidst newer higher-performing entrants?
Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.
Is it worth staking your Cardano?
If you are holding your ADA tokens for the long term, there is no downside to staking all of it.
Is Cardano dead?
Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future.
Can Cardano overtake Ethereum?
Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 18 to 20 years.
How much would the price of Cardano be in 2040?
As per our latest ADA price analysis, the Cardano could reach a maximum price of $69.33.
How much will the ADA coin price be in 2050?
By 2050, a single Cardano price could go as high as $329.56.
ADA
BINANCE
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Story Highlights The live price of the Cardano token is . ADA coin price could reach a potential high of $2.62 in 2025. Cardano’s price, with a potential surge, could go as high as $10.32 in 2030. The crypto market experienced a strong bullish price action during Q4 2024. This resulted in the Bitcoin price …