CDS Crypto News XRP Price Prediction: Could It Surge 200% by the End of 2025?
Crypto News

XRP Price Prediction: Could It Surge 200% by the End of 2025?

202
Xrp Price Prediction: Could It Surge 200% By The End Of 2025?

XRP Price Prediction: Will It Reach $5.50 in 2025?

XRP Price Prediction – XRP could experience a significant rise of about 200% from its current price level by the end of 2025, according to Standard Chartered. The bank initiated coverage of the asset on Tuesday, with Geoff Kendrick, the bank’s digital assets researcher, predicting that the price of XRP, the native token of the XRP Ledger, could reach $5.50 per token by year-end. Currently, XRP is trading at $1.80, after a recent 6% price drop over a 24-hour period, as per CoinGecko data.

XRP’s Unique Position in Digital Asset Payments

Kendrick believes that XRP‘s price gains could align with Bitcoin in real terms, highlighting that XRP is “uniquely positioned” in one of the fastest-growing sectors of digital assets—cross-border and cross-currency payments. The XRP Ledger is a decentralized open-source blockchain, created by the founders of Ripple Labs, which specializes in improving the speed and efficiency of cross-border financial transactions. Kendrick also suggested that XRP could potentially reach $12.50 before President Trump leaves office, building on a series of developments in the digital currency space.

Ripple and the Legal Landscape

Despite facing significant challenges, including a lawsuit from the SEC in 2020 accusing Ripple of selling unregistered securities, the company has seen progress. A 2023 ruling in Ripple’s favor stated that programmatic sales of XRP to retail investors did not qualify as securities, which was largely seen as a victory by the crypto community. Ripple is also reportedly positioning itself closer to the Trump Administration and is optimistic about the approval of XRP-related ETFs under the new SEC leadership, which has shown a more crypto-friendly stance.

Ripple’s Milestone Acquisition

In addition to these developments, Ripple made headlines on Tuesday with the announcement that it would acquire Hidden Road, a crypto-friendly prime brokerage, for $1.25 billion. This acquisition marks one of the largest deals in the crypto industry’s history, signaling Ripple’s continued expansion and investment in the space.

As XRP continues to capture attention in the digital asset world, the coming months could hold significant potential for price increases and market expansion.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

Xrp Price Prediction: Could It Surge 200% By The End Of 2025?
Written by
Ecem EFE

Since 2022, Ecem has been creating digital content, combining her passion for technology with writing. Continuing her education in the Mathematics department, Ecem focuses on producing in-depth content on areas such as blockchain, artificial intelligence, and cryptocurrency. She aims to simplify these topics and present them to a wide audience, sharing valuable insights into the crypto industry through her writing. With her innovative content, she strives to raise awareness in the digital world.

Leave a comment

Leave a Reply

Related Articles

Tesla Weekly Rally: How New Self-Driving Rules Fueled the Boom?

For more information about Tesla weekly rally and current price movements, please...

Bold BTC Price Prediction: Ark Invest Unleashes Shocking Forecast Based on New Data

For more information about Ark Invest's bold BTC price prediction, please visit...

VeChain News- VeChain Staking Program: A Game-Changer for Token Holders

VeChain introduces a new staking program with a 5.3 billion VTHO reward...

Nvidia Surges in Stock Price as Alphabet’s Strong Earnings Fuel Market Confidence

Nvidia's stock climbed on Friday as investors reacted to strong earnings reports...

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.