XRP has experienced an almost fourfold increase in value since November, placing it among the top-performing cryptocurrencies following the election. In fact, Ripple‘s XRP token has soared 373% over the past 90 days, making it the top performer among the top ten digital assets based on market capitalization.
On Saturdays, while all other top ten cryptocurrencies treaded water, Ripple (XRP) surged another 6%. What’s driving this trend for XRP? Why is it consistently bullish, and will it keep leading the pack? Let’s explore the reasons.
The Catalysts Driving XRP in 2025
In 2025, several key factors are expected to propel XRP’s growth. Notably, the resolution of the legal dispute between the SEC and Ripple seems imminent, given Gary Gensler’s departure from the SEC, signaling an end to the SEC’s aggressive stance towards cryptocurrencies.
The newly elected President Donald Trump has selected Paul Atkins, a former commissioner of the U.S. Securities and Exchange Commission (SEC) who served from 2002 to 2008 under President George W. Bush, to lead the agency. Atkins, known for his deregulatory approach and keen interest in new financial technologies, has consistently advocated for more intelligent and adaptable regulations regarding digital assets.
Trump praised Atkins as a “seasoned leader for sensible regulations,” emphasizing the incoming administration’s commitment to maintaining “vibrant, forward-thinking financial markets” tailored to cater to investor requirements and stimulate economic expansion. Trump further highlighted Atkins’ knowledge of modern financial tools, such as cryptocurrencies, as a valuable resource for “strengthening America’s economic position.
Supporters of Ripple, particularly those invested in its digital token XRP, view this development as a positive sign for XRP. Atkins’ focus on streamlining regulations could lead to a more accommodating regulatory landscape for blockchain technology. This fintech company, which aims to transform cross-border payments using XRP, stands to gain from an SEC head who perceives digital assets not as dangers, but as drivers of financial progress. Furthermore, Atkins’ history of promoting market-led innovation could pave the way for wider cryptocurrency adoption, potentially attracting both institutional and retail investors.
This month, Ripple’s new stablecoin, known as RLUSD, is contributing to the XRP news. Operating on the XRP Ledger, it could significantly broaden XRP’s applications, making it more attractive to larger market players. In fact, Bank of America has hopped aboard the XRP bandwagon by employing it for all their internal transactions, a significant achievement that highlights increasing institutional confidence in the token.
The new RLUSD stablecoin on the XRP Ledger might make XRP more appealing to big businesses and Bank of America is using XRP for all its internal transactions, which shows that institutions are becoming more trusting of the token.
An extra boost comes from Standard Chartered’s forthcoming digital asset project in Luxembourg, which is focused on providing digital asset custody services. This banking powerhouse, one of Ripple’s primary strategic partners, aims to comply with the EU’s MiCA regulations as part of their plans.
The crypto world is abuzz with speculation over the potential approval of a Spot XRP ETF. Bitwise was the pioneer in filing for an ETF directly linked to XRP back in October, and since then Canary Capital, WisdomTree, and 21Shares have also submitted applications. With President Trump’s inauguration coming up this month, Polymarket has estimated that there is a 70% chance of XRP receiving ETF approval this year.
Wrapping up this month’s optimistic updates for Ripple and XRP, it’s worth noting that Ripple CEO Brad Garlinghouse recently dined with President Trump at Mar-a-Lago. This significant meeting serves as a powerful bullish factor for XRP, helping explain the recent surge in its value. Looking ahead, we’re confident that XRP will continue to thrive in 2025. Let’s delve into the technical analysts’ views on XRP and examine their predictions for this cryptocurrency. Surprise! It seems positive news is on the horizon for XRP investors.
XRP Charts Look Bullish
Analyst Javon Marks has identified a bullish pennant formation on the XRP graph and anticipates that XRP may surge to $20 or higher. According to Marks’ analysis, the price increase could potentially reach 720% based on multiple measured moves. He believes this is due to XRP showing signs of a ‘Coil’ pattern similar to the one before its 2017 spike, suggesting an impending breakout. The pattern aligns with a consolidation phase characterized by decreasing trading volume, which often indicates a significant forthcoming surge.
According to renowned analyst Ali Martinez, there are two possible points to enter the XRP market. The first opportunity is when the price reaches the trendline of the pennant, which currently stands at approximately $2.05. Another option is to wait for a breakout beyond the pennant, around $2.50. No matter when you decide to jump in, the ultimate goal remains a significant increase to around $10!
In the meantime, seasoned financial trader Matthew Dixon shares a similar optimistic stance on XRP. He believes that “XRP is primed for a significant surge UP, as I see it,” he posted on Twitter, highlighting a predictive triangle pattern he terms as a “terminal thrust.” After the ongoing ‘E’ wave of correction runs its course, Dixon anticipates the engines to fire up. His short-term price target slightly exceeds $3 – a prelude, in his words, to an even more substantial upward momentum.
Positive News For XRP Investors.
As a crypto investor, I’m excited about the recent developments for XRP. The SEC has apparently ended its hostilities towards cryptocurrencies, creating an environment more favorable for XRP. This shift in leadership could potentially lead to XRP exploring its market value freely. Moreover, it seems increasingly probable, if not a certainty, that several Spot XRP ETFs will be approved in 2025. If this happens, we might see a surge of both retail and institutional investments flooding the market, which could significantly boost the price of XRP.
With the launch of Ripple’s latest stablecoin, RLUSD, on the XRP ledger, a host of captivating new applications will become accessible, solidifying Ripple’s and XRP’s position in the international financial infrastructure.
Lastly, here’s a photo of President Trump flashing a thumbs-up to Ripple CEO Brad Garlinghouse. The year 2025 looks incredibly optimistic for XRP.
If you’re a fresh investor in the crypto market aiming to create a diverse collection of digital assets, you might want to seriously consider XRP. It has shown exceptional performance among the top ten cryptocurrencies by market capitalization over the past three months. Given its current momentum and upcoming catalysts, XRP is predicted to be the top-performing asset in this category throughout 2025. So, if you’re wondering about the best crypto to invest in right now, XRP could be a strong contender.
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2025-01-11 23:16