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XRP's Historic Rise : What It Means For Crypto's Future ?

10h35 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Altcoins

Since January 2018, XRP had never reached such a high level, as it hit $3.20. This rebound comes as Ripple remains at the heart of a legal battle with the SEC. However, this spectacular rise goes beyond a mere market surge. Driven by renewed optimism about more favorable regulation in the United States and the development of innovations like XRP-based ETFs, this cryptocurrency solidifies its position as a central player in the evolution of the sector. As institutional investors show increasing interest, XRP could become a key lever for the future of cryptos.

The anthropomorphic XRP coin soaring heroically toward a bright star, symbolizing its remarkable success in the crypto market.

A surge despite obstacles

The XRP recorded a spectacular increase of 32 % in a week, reaching a peak of $3.20 before stabilizing at $3.33 currently. This progression occurs in a context marked by the filing of a new appeal by the SEC, which contests a key court decision made in 2023. Such a decision, pronounced by Judge Analisa Torres, ruled that XRP sales to individual investors did not constitute unregistered securities transactions. “This ruling was a pivotal turn for Ripple and its investors,” analyzes Ryan Lee, an expert at Bitget Research.

Despite this contestation, the market reacted with optimism, betting on a near resolution of the legal uncertainties surrounding Ripple. Furthermore, the continuous development of the RippleNet network, which continues to attract new users, strengthens investor confidence. This double lever (legal and technological) demonstrates Ripple’s ability to overcome obstacles and consolidate its position in the crypto market.

A dynamic focus on the future

Beyond recent developments, projections for 2025 are triggering significant enthusiasm among investors. The potential approval of an XRP-based ETF, expected by the end of January, could transform the market and attract between $3 and $6 billion in new capital. Renowned institutions such as Grayscale and VanEck have already submitted their applications, illustrating a growing willingness to democratize access to crypto-backed financial products. According to a JP Morgan report, “an XRP ETF could trigger a massive influx of institutional investments,” further enhancing the credibility of this asset in the markets.

This favorable outlook is accompanied by optimistic technical analyses. Several experts anticipate that the price of XRP could reach $14 by the end of 2025, thanks to chart configurations such as the “bullish pennant,” known for signaling prolonged rises. Influential analyst Steph Is Crypto highlighted on his X (formerly Twitter) account on January 14 that “this momentum could allow XRP to outperform bitcoin’s gains, thanks to the formation of a bullish pennant on the daily chart, which could push the price to $14.” If these forecasts materialize, they could place XRP among the most influential assets in the sector, offering Ripple a strategic position in the future evolution of cryptos. Moreover, the approval of an ETF could broaden access to XRP and also serve as a catalyst for a clearer regulatory framework. This would pave the way for increased adoption by institutional investors.

XRP now surpasses its status as a mere crypto to become a reflection of a changing sector, capable of overcoming legal challenges and seizing innovation opportunities. Thus, the coming months will be crucial for Ripple and its investors, as key decisions, such as the approval of an XRP ETF, could transform the crypto landscape. Furthermore, with bullish projections and increasing support from institutions, XRP positions itself as a strategic player in an industry undergoing reinvention.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.