$XRP has seen great growth ever since Trump was elected as president and now there are experts who think it could flip Ethereum.
Author: Sahil Thakur
Written On: Sat, 18 Jan 2025 06:31:44 GMT
XRP is once again dominating conversations in the crypto world as analysts and influencers predict a potential price boom in the coming weeks. The token, which recently recaptured the $3 mark after seven years, has shown significant strength, trading at $3.20. With an 18% rally, it could break its all-time high of $3.84.
Sam Ruskin of Messari credits XRPâs rise to macroeconomic trends and specific sector catalysts. He highlighted the post-election market surge, speculation about a U.S. spot XRP ETF filing, and capital gains tax policies favoring U.S.-based projects. He noted a 460% price surge since the 2024 U.S. election, with investor confidence at an all-time high.
Ruskin also emphasized a market shift favoring established cryptocurrencies, calling XRP, HBAR, and Cardano âboomer coins.â Unlike Ethereum, which faces challenges like fragmented Layer 2 solutions and declining retail interest, XRP benefits from a unified community and a clear narrative as a financial utility asset. He predicts XRP could see an additional 35-50% price increase post-Trump inauguration.
Edo Farina, CEO of Alpha Lions Academy, sparked discussion by urging investors to hold at least 10,000 XRP tokens. He described it as a âgateway to financial freedom,â noting the rising cost of achieving this target. The price of 10,000 XRP has increased from $4,900 three months ago to $32,000 today. Farina believes the token could eventually reach $100, making holders of 10,000 XRP millionaires.
While influencers and analysts remain optimistic, many retail investors struggle to keep up with rising prices, as wallets holding under 10,000 XRP dominate the distribution pool.
As speculation about an XRP ETF gains traction and market momentum builds, the tokenâs path forward is being closely monitored. With both seasoned and new investors eyeing its potential, XRP remains a focal point in the crypto marketâs evolving narrative.
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