Over the weekend, while most cryptocurrencies remained relatively stagnant, Ripple XRP surged over 6%, making a strong statement in the digital asset market.
Over the last 90 days, XRP has significantly outperformed its peers in the top 10 cryptocurrencies, solidifying its position as a standout performer and raising expectations for its performance in 2025. Here is the latest update on XRP’s recent developments and future prospects.
XRP has experienced an impressive 4X increase in value since November, translating to a remarkable 373% gain over the past three months. This exceptional performance positions XRP as the best-performing cryptocurrency among the top ten by market capitalization. With Donald Trump preparing to lead a crypto-friendly White House, analysts are revising their price predictions for XRP upward.
On Tuesday night, XRP defied market trends once again, jumping another 9.6% while other leading cryptocurrencies remained stagnant. Several key factors are driving this bullish momentum, with the most prominent being the resolution of the SEC vs. Ripple lawsuit. The departure of Gary Gensler from the SEC and the appointment of Paul Atkins, a former SEC commissioner, as the new chair signal a friendlier regulatory environment for digital assets.
Atkins, known for his pro-innovation stance, has long advocated for pragmatic and flexible regulations around emerging financial technologies. His appointment by President-elect Trump underscores a commitment to fostering innovative capital markets. Atkins’ deregulatory approach could significantly benefit Ripple and XRP, as the company’s vision for revolutionizing cross-border payments aligns with his views on digital assets as catalysts for financial progress.
Ripple’s recent launch of RLUSD, a stablecoin running on the XRP Ledger, further expands XRP’s use cases and appeal to institutional investors. Notably, Bank of America has adopted XRP for 100% of its internal transactions, demonstrating growing trust in the token’s capabilities.
Additional catalysts include Standard Chartered’s plans to offer digital asset custody services in Luxembourg and the high likelihood of a Spot XRP ETF approval. Multiple asset managers, including Bitwise and WisdomTree, have filed for XRP ETFs, with market predictions suggesting a 70% chance of approval this year.
President Trump’s recent dinner with Ripple CEO Brad Garlinghouse at Mar-a-Lago further underscores the administration’s supportive stance toward Ripple. Technical analysts are equally optimistic, with projections of XRP reaching $20 or more in 2025. Analysts point to a coiling consolidation pattern, a precursor to explosive growth, suggesting a potential 720% climb from current levels.
With these bullish developments, XRP continues to shine as one of the most promising assets in the crypto space, signaling a bright future for investors and the broader digital economy.