XRP is used to wild value fluctuations. The asset skilled its worst interval from December 2020 to late 2024. It was solely after the SEC vs. Ripple case neared its conclusion that XRP started to rise. XRP rose to an all-time excessive of $3.65 in July of this 12 months, its highest value in additional than seven years. Nevertheless, the value of XRP has been regularly declining since its July highs, dropping greater than 47% from its peak. In keeping with CoinGecko information, XRP is down 0.1% previously 24 hours, 4% week over week, 7.6% on the 14-day chart, 0.5% month over month, and 12.9% since December 2024. Let’s focus on whether or not XRP can rise to $2 by the tip of the 12 months.
Might XRP rise to $2 as a result of elevated demand?
XRP is among the hottest cryptocurrencies in the marketplace. Nevertheless, this asset doesn’t appear to be in a lot demand on the $2 degree. The worth of XRP appears to be settling across the $1.90 to $1.95 degree. In truth, the bigger crypto market itself is displaying indicators of consolidation. Bitcoin (BTC) might high out close to the $88,000 to $89,000 degree. Different cryptocurrencies are merely following within the footsteps of BTC.
If Bitcoin (BTC) can regain the $90,000 value degree, XRP might attain the $2 mark. The unique cryptocurrency is presently struggling to interrupt above the $89,000 degree. BTC’s struggles are probably affecting XRP and different property as properly.
XRP additionally launched a number of spot ETFs earlier this 12 months. Greater than $1 billion has flowed into XRP ETF merchandise up to now. Though ETF inflows performed an essential position within the 2025 crypto market cycle, XRP ETF inflows weren’t sufficient to push up the asset value. Elevated ETF inflows might push XRP above the $2 mark.
