Ripple’s XRP has been one of the standout performers in the cryptocurrency market over the past year, showing significant growth and drawing increased attention from both investors and the broader crypto community. In the last 12 months, XRP has surged by an impressive 389%, propelled by a mix of favorable market trends, legal clarity, and growing interest in blockchain technology for cross-border payments.
Earlier this year, XRP reached a high of $3.39, marking a strong comeback after years of price stagnation. However, the asset has still not managed to reclaim its all-time high of $3.84, achieved back in January 2018 during the previous crypto bull run.
Looking ahead to 2025 and 2026, the XRP community remains highly optimistic. Many believe that with increasing adoption of Ripple’s technology by financial institutions and improved regulatory clarity, the asset could surpass its previous peaks and achieve new all-time highs.
How Much Did XRP Surge This Month?
Over the past month, XRP, Ripple’s cryptocurrency, has experienced notable growth, surging by 17.02%. The asset initially traded at a low of $2.04 before climbing to a high of $2.65, showcasing its upward momentum in the altcoin market.
The past week has been particularly eventful, with XRP witnessing a 7.40% increase, highlighting strong interest and demand among traders. However, recent short-term volatility has tempered the gains, with XRP currently trading at $2.42 after experiencing a 3.69% dip in the last 24 hours.
As per CoinMarketCap, the XRP is currently trading 37% below its all-time high of $3.84. If its price doubles, XRP would reach $4.8. While many in the community are optimistic about hitting this milestone within the year, price prediction firms are advising caution and encouraging patience.
According to our expert’s technical and price analysis, XRP is projected to reach a peak of $4.8 by the end of 2025. As the fourth-largest cryptocurrency by market capitalization, analysts remain optimistic about its long-term potential, citing strong market fundamentals and increasing institutional interest as key drivers for future growth.
Also Read: Ethereum (ETH) on the Rise: Could ETH Hit $3000 This Week?
Disclaimer
The information in this article should not be considered financial advice, and the OvenAdd platform is intended only to provide educational and general information. Please conduct your own research and consult a financial advisor before making any investment choices.
