- XRP recorded over 13% weekly surge and it is currently trading at $2.44.
- Ripple’s XRP surpassed the largest stablecoin USDT again on Jan 3, 2025.
XRP remained one of the best performing cryptocurrencies in 2024 with two major events behind it. One being Ripple winning the case against the US SEC and the second being Trump’s election as the President of the US. These two major catalysts resulted in over 230% rise of XRP token, which is still continuing in 2025.
Ripple’s XRP even surpassed the layer 1 token Solana and the largest stablecoin USDT on Dec 1, 2025. However, it couldn’t stay there for longer and fell back to the top 4th position. With increased investor confidence and positive market sentiment, XRP resumed its price rally as we enter the new year.
The token has been making headlines for reclaiming top 3rd position by surpassing USDT again. On Jan 3, 2025, XRP climbed up as its market cap was above $139 billion, while USDT market cap was slightly above $137 billion.
XRP Price (Source: CoinMarketCap)
At press time, XRP token is trading at $2.44 with daily and weekly price surges of 0.62% and 12.74% respectively. It went on a dramatic price rise in the second week of Nov 2024, after winning the case against SEC. Since then, XRP is trading above $2.5 with short price dips in between.
XRP to Shoot Past its Previous ATH
Despite the current price rally, XRP is still way behind its previous all-time high value of $3.40, which was recorded almost 7 years back. Though other altcoins recorded ATH values in the 2021 bull run, it couldn’t surge because of the US SEC lawsuit against Ripple. For the entire bull run in 2021, XRP had to stay silent due to ongoing court hearings.
When Ripple secured a partial win last year, which industry leaders perceive as a major one, the token witnessed a resurgence. In addition, crypto-friendly Donald Trump as the President of the US, XRP seems to climb higher in 2025.
Well-known market analyst Ali Martinex predicted a conservative target of $8.40 for XRP. He says, XRP looks undervalued considering the considerable price breakout recorded in the first week of DEC 2024. Considering all the factors, XRP price is not just moving closer to its previous ATH but it is prepping to shoot past it.
Highlighted Crypto News Today:
MicroStrategy Raises Another $2 Billion to Buy More Bitcoin in Q1 2025
