XRP’s rise is a flashback to the manic energy of 2018’s altcoin explosion. Up over 50% this month, the XRP price smashed past $3, locking in its spot as the third-largest cryptocurrency by market cap.
Did you get that? Ripple (XRP)
.cwp-coin-chart svg path {
stroke: ;
stroke-width: ;
}
Price
Trading volume in 24h
<!–
?
–>
Last 7d price movement
only needs a 2.5x to surpass Ethereum… I don’t know what to feel, Anons.
This 240% quarter-long climb signals a shift—renewed optimism, heavy trading, and whispers of regulatory breakthroughs are driving the charge.
I hope you’re ready for the biggest XRP pump since 2017 after Donald Trump assumes direct control.
BTC Vs. XRP Price: Which is Better?
JUST IN: CEO of @Ripple – Brad Garlinghouse just published a picture of him, Donald Trump and #XRP lawyer Stuart Alderoty!
“Strong start to 2025!” pic.twitter.com/U00YhQi5CK
— JackTheRippler © (@RippleXrpie) January 8, 2025
A mix of macro trends is driving the latest XRP price breakout. Bitcoin smashing the $100,000 mark has electrified the market, with XRP spinning off record trading volumes—$23 billion in a single day.
Over in derivatives trading, volumes have more than doubled, surging to $34 billion. Meanwhile, the open interest in perpetual futures has hit a jaw-dropping 2.34 billion XRP.
According to Diego Cardenas, OTC trader at Abra, “This surge is driven by a growing number of partnerships, the launch of Ripple’s stablecoin RLUSD, and speculation about a potential spot XRP ETF.”
With that said, while Bitcoin is a great store of value asset (the greatest?), will you make more money with XRP? Many BTC holders consider XRP to be a ‘centralized inflationary scam coin,’ yet all metrics are pointing to it having a better year than BTC, perhaps.
At this point BTC Vs. Ripple is a matter of faith. Bitcoin is undeniably a safer bet for long-term growth, but XRP may outperform it in 2025.
However, if you listen to an XRP holder, they’ll describe BTC maxis as horse-and-buggy maxis in 1870.
They’d say BTC is the trojan horse that will get people to accept crypto en masse, but it will also be the sacrificial lamb so that XRP can take the top spot for a new blockchain-based payment system.
Regulatory Challenges and the Ripple vs. SEC Battle
Even as XRP rides its current upswing, the legal fog around Ripple thickens. Undeterred by setbacks, the SEC has filed an appeal against the July 2023 ruling that shielded XRP sales to retail investors from being labeled as unregistered securities. Their case hinges on retail buyers allegedly banking on profits from Ripple’s promotions—a critical pillar of the Howey test.
CEO Brad Garlinghouse dismissed the appeal as “recycled failure,” while Stuart Alderoty, Ripple’s Chief Legal Officer, sniped that the next administration might shelve the SEC’s stance.
At this point, the SEC’s ammo is Nerf Darts. If they want another humiliation ritual, let them.
The Road Ahead for XRP
Investor faith in XRP is undeniable, but the clouds haven’t cleared yet. The rally looks strong with RSI levels pushing higher, though many question whether it’s sustainable.
By Inauguration Day, market cap might be a relic—a footnote in a landscape of shattered all-time highs. Don’t underestimate how much money will be put into crypto after Trump gets in.
EXPLORE: Crypto Trends For Bullrun – January 2025
Join The 99Bitcoins News Discord Here For The Latest Market Updates
The post Ripple Reclaims 3rd Place As XRP Price Slams Highest Price in Half a Decade appeared first on 99Bitcoins.
