Key Takeaways:
- XRP reached highs around $3.00 as of writing, gaining almost 12% intraday increase.
- Institutional holdings and ETF speculation served as catalysts in the coin’s rally boost.
Along with the historic rise of Bitcoin exceeding $123K on Monday and continued institutional appetite around ETF adoption, XRP’s price soared, reaching as high as $3.00 during early trading, showing a rise of roughly 12% in the past 24 hours. As of writing, the token is trading at $2.98, with trading volumes significantly rising especially on Upbit, a popular cryptocurrency exchange in South Korea. It played a key role in the recent surge of XRP, making up 70% of its total volume spike, exceeding 32 million XRP traded within a session from retail investors, according to a report by BelnCrypto.
Technical analyst, predicts the token’s high chances of reaching $3.40 mark, with the rally following a breakout above key resistance level at $2.84. Also, according to a CoinDesk, Ripple’s public interest has been reignited, thanks to the institutional inflows and growing ETFs speculation, with 30% increase of its value over the month. In a report by Barron’s last week, the growing ETF interest in crypto has been a huge contribution for the altcoins’ volume increase, where XRP recorded ~4.8-6% gains tied to ETF inflows.
On the other hand, several market watchers - incuding a pseudonymous analyst named Pentoshi who has amost 900K follower on X - to look forward for the token’s push toward new all-time high in the next few weeks, calling the XRP chart “disgustingly good” even when compared to Bitcoin.
Several data, incuding from Investing.com and Bitget place XRP’s RSI at 69.8 and 78-81 respectively, demonstrating a “strong buy” trend.
Moroever, a report from The Economic Times emphasized how XRP surpassed Bitcoin when it comes to short-term gains with its over 12% surge in 24 hours, making a huge comeback by being in the #3 position by global market cap.
Meanwhile, top analysts are in high certainty for XRP’s rise in value, predicting a potential surge from $3 to 6$ before ending year 2025, highlighting it as one of the top cryptocurrencies to buy and hold as soon as possible. Trading around $2.98 as of writing, XRP’s open interest exceeds to $7 billion, approaching the recent peak of $8.3 billion last January 2025, according to CoinGlass.
Ripple’s recent rally is being strengthened by 3 major foundations; institutional interest, ETF speculation, and bullish technicals, positioning it as one of the highly anticipated coins especially in entering the phase of alt-season. Many analysts look forward for a potential breakout above the $3 mark as it’s a first-time-in-a-while experience for the coin, giving the high chances of reclaiming its 2018 ATH of $3.84. Historically, XRP has shown stron
Summary
Ripple’s native token XRP surged to $3 for the first time in years, recording a 12% intraday gain amid strong institutional inflows and speculation around upcoming crypto ETFs. The price spike was fueled by increased trading volumes particularly from South Korea’s Upbit exchange and a breakout above technical resistance levels. Analysts now forecast a potential climb to $3.40 or even $6 before the end of 2025. With RSI signals showing a “strong buy” and open interest nearing $8 billion, XRP has reclaimed its spot among the top three cryptocurrencies by market cap, outperforming Bitcoin in short-term gains.
