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Investors in the crypto market are preparing for a busy week beginning July 15, as fresh inflation data and earnings from major U.S. companies take center stage. The Consumer Price Index (CPI) and Producer Price Index (PPI) readings will be closely watched ahead of the Federal Reserve’s meeting on July 29, while recent commentary from
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Tron Founder Justin Sun, who holds a staggering 1,176,803 TRUMP tokens, is rumored to be attending a high-profile dinner with Donald Trump. Trump’s invitation to top TRUMP token holders has sparked speculation, especially after Sun shared a cryptic message on his X account.
This article delves into the details of the exclusive event and the likelihood of Justin Sun making an appearance.
The US President Donald Trump announced the “most exclusive invitation in the world,” sparking widespread enthusiasm. Last day, Trump announced his plans to launch a private gala dinner with the top 220 TRUMP token holders on May 22.
In addition to the dinner party, the invite promises the top 25 holders an exclusive experience, with a private VIP reception with President Trump, and a special tour.
As the leading holder of TRUMP tokens, Tron Founder Justin Sun is set to receive special attention at the gathering. According to data revealed by Lookonchain, Sun holds a total of 1,176,803 TRUMP tokens, worth $14.32M, “ranking #1 on the leaderboard.”
Adding fuel to the rumors of the Tron founder attending Trump’s dinner, Sun shared a mysterious post on his official X account. The post read, “All in USA.” This has further strengthened the speculations of his possible presence at the party.
Following the President’s critical announcement, investors started accumulating the TRUMP coin, triggering a significant price surge. As of press time, TRUMP is valued at $12,75, marking a marginal surge of 2.9%. However, over the past seven days, the token has seen a staggering increase of 70%.
Despite this positive sentiment, analysts fear a potential downfall, as traders may sell their tokens following the dinner. Besides Justin Sun, Donald Trump is also a top holder of the TRUMP token. If Donald Trump sells his holdings, it could significantly impact the token’s price.
As per CoinGape’s TRUMP Price Prediction, the coin is expected to hit a maximum of $18.05 and a minimum of $11.92 in 2025.
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XRP price broke above the $2.20 mark on Saturday April 26 as Trump’s recent calls for rate cuts and tariff reviews propelled global crypto market cap above the $3 trillion mark. Ripple insider weighs-in on XRP’s digital Gold prospects, as the fees burned on XRP surge 38% amiid the market recovery.
XRP price broke decisively above the $2.20 threshold on Saturday, April 26, fuelled by widespread bullish sentiment following Trump’s aggressive calls for rate cut as softening stance on tariffs triggered a risk-on wave across global financial markets, driving the crypto market capitalisation to an all-time high above $3 trillion.
As Bitcoin price climbed to a 60-day peak of $95,000 on Friday, XRP tracked the broader momentum, rallying as high as $2.25 before the pullback toward $2.19, at the time of writing, on April 2026.
Notably, while the broader crypto market retraced 2%, XRP price only took a mild 0.3% hit, as bulls make frantic effort to hold the key support level at $2.20. Strong trading volume, nearing $2.5 billion over the last 24 hours affirms that XRP continues to find buyers despite cooling market activity,
Beyond price action, underlying network fundamentals also strengthened significantly. XRP Ledger’s burned fees rose from 2,730 XRP on April 22 to 3,775 XRP on April 26, representing a 38% increase week-over-week, according to XRPScan.
The uptick in fee burns is an important on-chain signal. It implies an organic increase in transaction activity, likely driven by both organic user growth and greater application-layer adoption within the XRP Ledger ecosystem.
In financial terms, the burn acts as a deflationary mechanism, subtly reducing XRP’s circulation supply over time.
Favio Valerda is the Head of growth as Sologenic, an instant payments and asset tokenization protocol built on the XRPLedger network.
Weighing in on XRP’s digital gold prospects, Favio identifies key on-chain growth metrics aligning with fee burn.
“XRP isn’t digital gold—but it is the liquidity layer that makes digital gold tradable, transferable, and composable on blockchain rails. Designed as a settlement asset for liquidity routing, XRP serves its purpose with precision. While gold and Bitcoin act as stores of value, XRP’s strength lies in its transactional utility, powering over 1.5 million daily transactions with unmatched speed and efficiency.” – Favio Valerda, Sologenic.
Velarde’s view hints that as crypto adoption grows, networks like Ripple’s XRPL offering scalable settlement layers, stand to benefit as must as store-of-value assets like Bitcoin, with Gold-like qualities.
With XRP price holding critical support around $2.20, network activity rising, and macro tailwinds building, another leg-up could be on the cards. However, as liquidity from institutional trading activity may subsides over the weekend, short-term bull traders must offer strong support and prevent a decisive reversal below $2.10.
XRP price remains resilient above the critical $2.20 mark, hinting at an imminent breakout toward $2.35 in the short term.
The Keltner Channel bands on the daily chart are tightening, indicating a volatility squeeze that typically precedes a major directional move.
More so, the Parabolic SAR dots have flipped below the candles since April 20, a classic technical buy signal, reinforcing the case for further upside.
Meanwhile, the Money Flow Index (MFI) reading of 57.12 indicates healthy inflows without signaling overbought conditions, offering additional room for XRP to rally sustainably.
In a bullish continuation scenario, if XRP can maintain support at $2.20, a swift push toward $2.35 resistance, aligned with the upper Keltner Channel band, becomes increasingly probable.
Conversely, a break below $2.13 could expose XRP to a retest of deeper support at $1.94, where the lower Keltner Channel band and prior demand zone converge.
The post Is XRP the New Digital Gold? Ripple Insider Offers Bullish Insights as Trump Sparks $3 Trillion Crypto Rally appeared first on CoinGape.
Although the Metaplanet stock price is facing strong selling pressure, Benchmark Equity Research has initiated a buy call with a target of 2,400 JPY, 50% up from the current levels. This comes amid the Japanese firm’s Bitcoin acquisition spree, which now holds 13,350 Bitcoins, becoming the fifth largest public-listed firm by BTC holdings. Despite the
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