XRP Price and It's Moving Average Trends. Source: TradingView


December 10, 2024 Tags:

XRP, the cryptocurrency created by Ripple Labs, has been lagging in recent years, but recent developments suggest that things are about to change. While a $100 price tag for XRP may sound far-fetched, there are several key factors that could drive the digital currency to new heights in 2025.
1. Legal Troubles Are Coming to an End: XRP’s journey has been slowed down due to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). However, there’s hope that this issue could soon be resolved. With Donald Trump potentially returning to office and appointing crypto supporter Paul Atkins to head the SEC, many believe that the legal challenges Ripple faces could be dropped. This would allow XRP to thrive, as demand for the coin would be unleashed in 2025.

2. Trump’s Support Could Boost XRP: Another reason XRP could surge to $100 is the anticipated regulatory clarity under Trump’s leadership. Trump has expressed support for the cryptocurrency industry, which could attract institutional investors to XRP. Notably, major firms like BlackRock are rumoured to be eyeing XRP, which could open the floodgates for capital inflows. If these firms invest, XRP could see a dramatic rise, similar to Bitcoin’s growth when ETFs were introduced.

Revolutionizing Global Remittances XRP has a strong position in the global financial system due to Ripple’s on-demand liquidity (ODL) service, which facilitates cross-border payments. This service is already used by institutions like Santander Bank, offering a more efficient and cost-effective solution for international transactions. As Ripple continues to expand its partnerships, XRP could capture a larger share of the $7.5 trillion global remittance market, driving up demand and its price.

3. Ripple’s Role in Central Bank Digital Currencies (CBDCs): Central banks worldwide are working on digital currencies, and XRP is well-positioned to play a key role in this space. Ripple’s Ledger could act as a bridge between these central bank digital currencies, offering a neutral platform for smoother value transfers. As the use of CBDCs grows, XRP’s value could rise dramatically as it becomes the go-to solution for cross-border digital payments.

This news highlights predictions for the price of XRP in 2025, based on data from the Brave New Coin XRP Price Liquid Index.

The Bottom Line, XRP’s utility goes beyond speculation. It’s already solving real-world problems with faster and cheaper cross-border transactions. If Elon Musk integrates crypto payments into X (formerly Twitter), XRP could become a major player in that ecosystem as well. The combination of regulatory clarity, institutional investment, and growing real-world use cases makes a $100 XRP price possible in 2025.

While this prediction may seem ambitious—given that it would represent a 3900% increase from its current price—the crypto market has shown that rapid growth is possible, especially for digital currencies that offer real-world applications. With the right market conditions and adoption, XRP could hit $100 sooner than we think.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

You may also like

Wall Street Eyes Market Dips, But When Will It Be Safe to Buy?

The U.S. stock market is wrapping up one of its roughest quarters since the 1980s, trailing global markets by the....

Energy Stocks Boost S&P/TSX, U.S. Markets Mixed Ahead of Tariffs

Canada’s main stock index climbed on Monday, driven by gains in energy and industrial shares as oil prices surged. Meanwhile,....

Canada’s Economy Faces Slowdown as Tariff Pressures Rise

The Canadian economy started 2025 with momentum but is now losing steam due to harsh winter conditions and the looming....

Markets Slide 400 Points as Tariff, Inflation Fears Grow

Canadian and U.S. stock markets took a sharp dive on Friday as investors reacted to concerns about inflation and looming....

Stock Markets React as U.S. Auto Tariff Plans Shake Industry

Canada’s stock market remained unchanged on Thursday, while U.S. markets saw a dip following President Donald Trump’s announcement of new....

GameStop’s Bold Bitcoin Move Sparks Market Concerns

GameStop’s stock took a nosedive on Thursday after the company announced a controversial plan to sell debt and use the....

ICBC Announces $110 Rebates for Eligible Drivers

Many ICBC customers will soon receive $110 rebates, as the auto insurer distributes a new round of refunds. The rebates,....

Wall Street Holds Steady as Trump Media Soars Despite Market Uncertainty

Wall Street showed resilience on Tuesday, following a strong surge the previous day fueled by optimism that President Donald Trump’s....

S&P/TSX Gains as Metal Stocks Rise; U.S. Markets Also Up

Canada’s stock market saw a steady rise in late-morning trading, driven by gains in base metal stocks. The S&P/TSX composite....

Trump’s Tariff Shift Shakes U.S. Treasury Market

U.S. Treasury bonds took a hit as investors shifted toward riskier assets following reports that President Donald Trump’s upcoming tariffs....

Trump’s Trade War Reshapes Canada’s 2025 Election Debate

The rising cost of living has been a major issue for Canadians, and with the federal election on the horizon,....

Stock Markets Gain as Investors Eye Targeted US Tariffs

Stock futures in the US and Europe climbed on hopes that the next wave of tariffs from President Donald Trump’s....