While most cryptocurrencies are struggling, XRP is quietly defying the odds—and some analysts believe it could double in value, even if the broader crypto market crashes.
Over the past week, XRP has gained about 2%, and nearly 1% in the last 24 hours, holding strong while other major coins like Bitcoin and Ethereum dipped. At the time of writing, XRP is trading at $2.06, making it the third-largest cryptocurrency by market cap.
What’s fueling the optimism?
XRP Stands Out From the Pack
According to a recent report by Grayscale, XRP is the only one among the top 10 cryptocurrencies showing positive gains this year. While other coins have slumped, XRP has held onto a 0.2% year-to-date return. Over the last six months, it’s up nearly 279%—a standout performance in a tough market.
Legal Clarity Changed Everything
One of the biggest boosts for XRP came after Ripple settled its long-running lawsuit with the U.S. Securities and Exchange Commission (SEC). The $50 million settlement finally put an end to legal uncertainty, opening the doors for more investors and institutional interest.
Add to that the regulatory support from the Trump administration, and the stage is set for XRP to shine. Since Trump’s return to office, active wallets on the XRP Ledger surged, peaking at over 100,000 in late 2024.
Political Backing and ETF Buzz
Ripple’s growing presence in Washington is also playing a role. The company has built close ties with policymakers and contributed to political groups that support crypto. XRP is even being mentioned as a possible part of America’s national crypto reserves, which could further boost its long-term credibility.
There’s also growing excitement around XRP ETFs, with multiple proposals filed and awaiting approval this year. A green light on any of them could be a game-changer.
A Technical Breakout Could Be Coming
Looking at the charts, XRP is forming what traders call a “descending triangle” pattern. If it breaks out, analysts say it could jump to $2.50, and potentially even test the $3.88 level. Some predictions suggest XRP could rally up to $4.50, a 100%+ gain from current levels.
Bottom Line
Even in a shaky crypto market, XRP is showing real strength. With legal issues behind it, political tailwinds, and strong technical signals, many traders are betting that XRP could be one of the top-performing altcoins in 2025—no matter what happens in the rest of the market.
