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.
Coinbase has officially rolled out CFTC-regulated futures contracts tied to XRP, marking a significant step forward for institutional adoption of the Ripple-associated token.
A fresh wave of speculation has hit the crypto market following a hefty stablecoin issuance by Tether, which quietly minted $1 billion worth of USDT on the Tron network earlier today.
Binance is adding more firepower to its Spot trading platform, announcing fresh USDC trading pairs and expanded support for auto-trading features set to go live on April 22.
The XRP network is flashing early warning signs, with a steep drop in newly created wallet addresses raising concerns about fading interest.