Trump's Recent Endorsement Drives Up Ethereum, XRP, and Dogecoin Prices: A Look Ahead
Following a pro-crypto executive order from former President Donald Trump, allowing alternative assets, including cryptocurrencies, in 401(k) retirement accounts, the cryptocurrency market is showing signs of a resurgence. Major players like Ethereum, XRP, and Dogecoin are positioning themselves with positive outlooks but face distinct market dynamics.
Ethereum (ETH)
Ethereum continues to maintain market leadership in 2025 thanks to strong on-chain engagement and increased institutional buying. Its position as a foundational layer-1 blockchain with robust decentralized application (dApp) activity supports its sustained demand and prospects for growth as the crypto market gears for a new bullish phase. However, like the broader market, Ethereum has recently experienced some price pullbacks amid profit-taking after reaching all-time highs.
XRP
XRP’s outlook is shaped significantly by regulatory clarity following the conclusion of the Ripple Labs-SEC lawsuit, removing a major barrier to institutional adoption in the U.S. Technical analysis suggests XRP is in a local uptrend but faces some overhead resistance; a decisive breakout above $3.40–$3.50 could trigger a strong upward move, while failure might see retests of supports around $3.06 or $2.82. Overall, XRP benefits from regulatory certainty, potential new partnerships, and positive market sentiment.
Dogecoin (DOGE)
Dogecoin remains a popular meme coin with substantial retail interest, despite currently trading below its 2021 all-time highs. It is considered a speculative but culturally significant asset within the market. While less driven by fundamentals compared to Ethereum or XRP, Dogecoin’s meme status and community support could fuel significant short to medium-term price volatility and potential gains as the crypto market re-enters a bullish phase. No specific price targets are given, but referenced analyses imply Dogecoin retains potential for substantial growth within the meme coin category.
Market Context
The global crypto market cap recently dipped about 2.9% to roughly $3.8 trillion due to profit-taking after record highs. Analysts anticipate some short-term pullbacks may last weeks but the pro-crypto executive order's facilitation of crypto inclusion in 401(k) plans could drive stronger institutional inflows and sustained bullish momentum going forward.
In summary, the executive order has reinstated optimism across these major cryptocurrencies, with Ethereum leading on-chain utility and institutional interest, XRP gaining from regulatory clarity and imminent technical breakouts, and Dogecoin maintaining its meme-driven popularity with growth potential amid a competitive altcoin market rally in 2025.
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