- The first-ever crypto summit signals growing U.S. cryptocurrency market attention.
- Whales are eyeing ONDO and ADA ahead of the big event.
- Ripple’s XRP rises to $2.61, with whales accumulating and legal clarity approaching.
For crypto investors/traders, March 7, 2025, marks the day when the White House puts on its first-ever Crypto Summit. Also, President Donald Trump signed the executive order creating the Strategic Bitcoin Reserve alongside a Crypto Asset Stockpile.
Leading up to the summit, a lot of crypto whales—big-time investors who control substantial amounts of crypto—are getting ready for market moves coming up. AltcoinBuzz has picked out three altcoins : XRP, ADA & ONDO, that have whales keeping a close watch.
XRP: Brad Garlinghouse’s Growing Influence
Ripple’s XRP is all over the news after the token was named along with three other altcoins included in the crypto asset stockpile. Not just that, but Brad Garlinghouse will attend the White House crypto summit, marking Ripple’s growing influence within the White House.
Source: CoinMarketCap
XRP’s price, so then rose to $2.61, up 6% with bulls now eyeing to break the $3 mark.
Whales have bought 1 billion XRP within just the last 24 hours. Also, these big investors have been shoring up as much XRP they could with the Ripple-SEC lawsuit expected to be dropped soon.
Related: Bitcoin Price Correction: Trump Crypto Reserve Announcement Triggers ‘Buy the Rumor, Sell the News’ Market Reaction
Cardano (ADA): Still Strong After Market Shifts
Cardano (ADA) is holding its own after Trump’s recent executive order to create a digital asset stockpile. The stockpile includes assets XRP, ADA (Cardano), ETH (Ethereum), and SOL (Solana).
However, Charles Hoskinson, the founder, wasn’t invited to the White House crypto summit. A lot of people found that strange, considering his connections.
Source: CoinMarketCap
Even so, ADA has had a strong week, rising 60% earlier and still up 50% over the past seven days. At press time, ADA is trading at $0.87.
Related: Hoskinson White House Snub: Crypto Summit Guest List Sparks Debate
A lot of ADA has been withdrawn from exchanges, showing that big investors are holding on for the long term. With trading volume at an all-time high, ADA is still a smart bet for investors, even though its price is still under $1.
Ondo Finance: RWA Market Star
Ondo Finance (ONDO), now being the sought-after token within the RWA niche, saw ONDO price surge 11% earlier in the day to now trade at $1.19 .
Source: CoinMarketCap
Big investors are confident in Ondo, with one major whale selling other assets at a $14 million loss to buy $5.35 million worth of Ondo.
The RWA market is expected to grow massively, with predictions that it will be worth $3 trillion by 2030, making Ondo Finance a major player in this space.
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