How High Will XRP Trade In 2025?
As the year 2024 comes to an end, the cryptocurrency community is eager to see what the coming year holds. Throughout the past 12 months, several assets in the market recorded a notable uptick. Certain cryptocurrencies like Bitcoin (BTC) and Solana (SOL) managed to record new all-time highs. Amidst this, Ripple’s XRP also stands out despite its inability to reclaim its peak. Can the altcoin hit a new high in 2025?
Also Read: Experts Predict 3,000% Surge for These Altcoins—XRP Not Included
XRP’s Weekend Struggles
At press time, the altcoin was trading at $2.19. This comes after a nearly 3% price drop over the past 24 hours. Ripple’s cryptocurrency had a rather tough week as it saw a 9% downfall throughout the last seven days. Despite this, the asset’s monthly gains are at 40%.
While the community has increased hopes for the cryptocurrency, XRP continues to remain 43% below its all-time high of $3.84. The asset hit this peak back in 2018, which is about seven years ago.
50,000,000 #XRP (111,697,462 USD) transferred from #Ripple to unknown wallethttps://t.co/nWwkUGOhWA
— Whale Alert (@whale_alert) December 21, 2024
Apart from its price change, the XRP market witnessed the movement of a large chunk of the altcoin. Ripple reportedly moved 90 million XRP in two different transactions, according to tracker Whale Alert. In the first transaction, 50 million XRP, or around $111,697,462, was sent to an unidentified wallet via Ripple. Soon later, 40 million XRP, worth $89,678,944, was transferred from Ripple to an unidentified wallet in a second transaction.
Also Read: Bitcoin To Drop To $20,000? An Eerie Pattern Signals BTC Doom Drop
2025 Price Prediction
According to data from CoinCodex, It is projected that XRP will trade in a range of $2.13 to $4.52 in 2025, resulting in an average yearly price of $2.98. Compared to the present rates, this may yield a potential return on investment of 105.49%.
Also Read: Top 3 Cryptocurrencies To Watch For New Year 2025
As seen in the image above, the asset will reach its new all-time high of $4.52 in the month of March. The community will reap the benefits of investing in the altcoin sooner rather than later.
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