Ripple (XRP) has been in the spotlight lately after its massive bull rally.
The coin, which is currently the third most valuable cryptocurrency after Bitcoin and Ethereum, has reached a total market value of $144 billion.
Arthur Azizov, CEO of crypto payment provider B2BInPay, predicts that XRP’s rally is just beginning. “It will potentially trade between $5 and $7 in the first half of 2025,” Azizov said.
Crypto analysts point to several key factors fueling XRP’s upward momentum:
- Regulatory optimism: Donald Trump's return to the White House and the potential departure of SEC Chairman Gary Gensler are seen as signals of a more crypto-friendly regulatory environment.
- Institutional interest: Speculation about an XRP exchange-traded fund (ETF) is growing, with major corporations reportedly exploring applications.
- The market is shifting to altcoins: As investors move beyond Bitcoin and ETH, XRP has emerged as a top contender.
Raoul Pal, CEO of Global Macro Investor and a former Goldman Sachs executive, has expressed confidence in XRP’s potential. In a post on X (formerly Twitter), he described the price chart as “looking good,” suggesting that the asset is in what he calls “banana territory” and is poised for a significant rally.
Veteran trader Peter Brandt echoed this sentiment, noting that XRP recently broke out of a prolonged consolidation phase or “major coil” that could signal an imminent rally.
*This is not investment advice.
