XRP may be included in the U.S. strategic reserve

The price of XRP surged 11% in the past 24 hours, reaching $2.51 on the morning of March 20. The token is now the third-largest by market capitalization, surpassing USDT and trailing only Bitcoin (BTC) and Ethereum (ETH).

Ripple CEO Brad Garlinghouse believes that XRP could be part of the U.S. strategic reserve. In an interview with Bloomberg, he also suggested that the first exchange-traded fund (ETF) for XRP could launch in 2025.

His optimism follows the resolution of Ripple’s long-standing legal battle with the SEC. The regulator officially dropped its case against Ripple on Wednesday.

Garlinghouse noted that XRP was mentioned as part of a government crypto initiative:

"XRP was named by the President of Truth Social. (He said) there’s going to be a Bitcoin strategic reserve and a crypto stockpile that will include assets like XRP."

Additionally, the Ripple CEO expects multiple XRP-ETF approvals in the second half of 2025, with applications already submitted by companies such as Bitwise and Franklin Templeton.

"I have immense confidence in ETFs," he emphasized, pointing to the success of XRP exchange-traded products (ETPs) in other countries.

Garlinghouse also acknowledged the possibility of Ripple going public but stated that it is not a primary focus.

The crypto market reacted positively to the news, with XRP continuing to gain investor attention.