đ¨Ethereum (ETH) Market Performance â May 13, 2025 đ¨
$ETH Ethereum (ETH) âď¸ is trading at $2,440.72, dipping just 0.03% from the previous day. Todayâs session saw ETH move between $2,431.51 and $2,600.58, reflecting tight price action after a powerful recent surge. Last weekâs rally was nothing short of impressive đ. ETH launched from under $1,800 to nearly $2,600, breaking through key resistance zones at $1,950 and $2,200. This breakout marks a shift in market sentiment, flipping from bearish to clearly bullish đ. But not everythingâs green just yet â ď¸. One prominent whale đ offloaded 4,685 ETH at $2,457, securing a 66% gain in roughly a month. The move added pressure at the $2,500 level, with increased volume causing a slight pullback â a potential sign of short-term resistance. On the fundamentals front, ETH is evolving rapidly. The latest âPectraâ upgrade đ§ has enhanced network security and efficiency by increasing the max validator stake to 2,048 ETH, reinforcing Ethereumâs long-term value proposition â . Looking forward đŽ, $2,500 stands as a psychological and technical barrier. A decisive move above it could open doors to new highs. But failure to break through might lead to sideways consolidation before the next leg up. Conclusion Ethereum is in a pivotal phase: fresh off a strong breakout but facing key resistance. With protocol upgrades and sustained community support, ETH continues to be a cornerstone of the crypto landscape đ. Whether youâre riding the wave or waiting on the sidelines, stay tuned â the next move could be big.
Did Donald Trump Actually Ban XRP? Hereâs the Real Story
Letâs set the record straightâbecause rumors are flying that Donald Trump $TRUMP âblacklistedâ$XRP . Before anyone panic-sells or fuels the conspiracy engine, letâs walk through what actually went down.
Where It All Began: A Truth Social Post
On March 2, 2025, former President Donald Trump dropped a surprise post on Truth Social. In it, he floated the idea of creating a U.S. cryptocurrency reserveâa national digital asset vault. Even more surprising? He name-dropped XRP, Solana $SOL , and Cardano as potential candidates.
He also took his usual swipe at Bidenâs crypto stance and promised to make the U.S. the global capital for blockchain innovation.
But less than 24 hours later?
The post vanished.
Cue the chaos.
Behind the Curtain: Misinformation or Misstep?
Word is, Trumpâs post may have been influenced by Brian Ballardâa heavyweight lobbyist with rumored ties to Ripple Labs (the company behind XRP).
Allegedly, when Trump found out about the Ripple connection, he wasnât exactly thrilled. Some insiders even claim he iced Ballard not long after.
But letâs be real: that doesnât equal a ban.
Whatâs Actually True?
Hereâs the bottom lineâthereâs been zero official move against XRP from Trump or his team. No blacklist. No crackdown. No executive orders.
What this smells like is internal political drama, maybe Trump feeling like someone pulled a fast one. But not a policy decision.
Ripple has danced with politics before, including during the Trump era. This feels more like backchannel strategy gone sideways than any real threat to crypto.
Crypto Twitter Reacts
XRP community staple and legal commentator Bill Morgan chimed in with a side-eye tweet:
> âYou 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.â
Translation: Nothing burger.
Market Watch: XRP Stays Solid
Despite the noise, XRPâs price hasnât flinched. Some analysts are still bullish on it this cycle. No formal statements, no regulation changesâjust a weird news cycle.
To Sum It Up:
Trump posted (then deleted) pro-XRP content
There might have been Ripple-related influence
Thereâs no ban, restriction, or official backlash
This is cryptoâthereâs always drama
Unless Trump hops back on Truth Social to post âXRP is a scamâSAD!â, this is just another episode in the crypto soap opera.
Whatâs your take? Just hypeâor is there more to it? Sound off in the comments.
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TRUMP WAS ALLEGEDLY TRICKED INTO PROMOTING XRP AMID BALLARD-RIPPLE TIES
Trump Reportedly Duped Into Backing XRP Amid Lobbying Controversy Fresh reports claim President Trump didnât mean to put XRP in the U.S. Crypto Strategic Reserveâhe was allegedly manipulated into it.
Sources say prominent GOP lobbyist Brian Ballard, a longtime Trump ally, played a quiet but critical role in getting XRP added to the mix. Despite Trumpâs anger when he found out, the coin still remains part of the Reserve.
Rippleâs Deep Ties to Trumpâs Inner Circle Trump had originally promised a Bitcoin-focused reserve before the 2024 election. That changed fast. A month into office, his surprise social media post endorsed not only $BTC but also $SOL , ADA, and $XRP ârocketing their visibility overnight.
But a new Politico exposĂŠ alleges that endorsement wasnât Trumpâs idea. According to insiders, Ballardâs team persistently pushed XRP onto Trump, possibly exploiting their long-standing relationship.
The twist? Ripple paid Ballard Partners $60,000 last year. And its CEO, Brad Garlinghouse, is openly pro-Trump, having donated heavily to his campaign. Whether this influence play was strategic or shady, one thingâs clear: XRPâs inclusion may not be as organic as it looked. Ripple Listed as a Ballard Partners Client. Source: OpenSecrets. Meanwhile, the US president has now exiled Brian Ballard. The community reacted strongly to these events, suggesting Trump might remove XRP and other altcoins from the Strategic Reserve. However, this may be overstated for a few reasons. Trump was allegedly angry over being misled, not because he had a specific distaste for XRP. The Reserve announcement occurred shortly before Trumpâs Crypto Summit, and David Sacks worried about perceived favoritism. Nonetheless, Ripple has been a good friend to the President. Brad Garlinghouse, Rippleâs CEO, vocally supports Trumpâs crypto policies. He donated millions to the Presidentâs Inauguration and has continued maintaining this relationship. In other words, why would Trump decide to punish XRP for Ballardâs actions? These allegations are indeed shocking, but the market evidently doesnât expect turmoil for XRP at this time. XRP Monthly Price Chart. Source: BeInCrypto To be clear, neither Trump, Ballard, nor Ripple employees have responded to these allegations. Regarding XRPâs place in the Reserve, Trump may simply let bygones be bygones. Itâs important to understand that while the US president signed an executive order to âassess the establishmentâ of a strategic crypto reserve, no developments have been made yet.
Meme Coins Get Political: The MEME Act Is Shaking Things UpâFor Real
Forget pump-and-dumps or the latest L2 narrative. The MEME Act (Meme Empowerment & Monetary Evolution) just dropped, and it's got the whole timeline split. Is this the dawn of meme-driven monetary systemsâor just government-level trolling?
The proposal is wild. A decentralized framework for meme-based assets, complete with community governance, grant eligibility, and something called âVerified Meme Status.â Basically: if your meme hits hard enough (socially, virally, economically), you could earn real perksâthink liquidity support, exchange priority, and yes, clout.
On one side: builders and artists are hyped. âItâs cultural capital becoming real capital,â one dev posted. On the other? Skeptics are calling it vaporware with a legal wrapper. Some even say itâs just a distraction from the deeper issues in Web3âlike scalability, security, and regulation fatigue.
Still, you canât ignore the charts. $MEME , the governance token tied to the Act, spiked 400% in 24 hours post-announcement before correcting like a rollercoaster with no brakes. Memes may be fun, but this is real money in motion.
So now we ask: Is this the regulatory recognition meme culture deservesâor a top signal in disguise?
Either way, itâs happening. The only question: Will you shape the memeconomyâor ge t memed by it?