XRP has recently faced a minor price dip after reaching a significant milestone, surpassing $2 for the first time since 2018.
Despite this pullback, analysts are optimistic about its potential, forecasting a new all-time high in 2025, driven by Ripple’s advancements and a more crypto-friendly U.S. regulatory landscape following Donald Trump’s election.
The positive outlook is supported by growing whale activity, with major holders reportedly accumulating over 60 million XRP coins. Ripple’s launch of RLUSD, a new stablecoin, has further boosted confidence, gaining traction on platforms like Bullish Exchange and Singapore’s Independent Reserve.
Additionally, speculation around an XRP-focused ETF and anticipated regulatory shifts, including the possible resignation of SEC Chair Gary Gensler, have fueled market excitement.
Currently trading at $0.29 after hitting $2.35 recently, XRP saw a slight decline attributed to a significant whale transfer to Coinbase.
While investor activity has slowed, experts remain bullish. Predictions range from a short-term rise to $3.77 to a potential long-term rally toward $20 in 2025, reflecting strong optimism about XRP’s future trajectory.
Stablecoins are attracting major attention from traditional financial players, with institutions like Bank of America, PayPal, and Revolut moving to introduce their own versions in response to a rapidly evolving market.
Binance has taken decisive action against a market maker involved in irregular trading activities related to two cryptocurrencies.
Data from IntoTheBlock suggests that the AI-driven altcoin, Kaito (KAITO), is positioned for long-term success despite initial fluctuations in user engagement.
Santiment, a leading cryptocurrency analytics firm, has identified several altcoins that have experienced a significant rise in large transactions initiated by major investors over the past week.