Defiant XRP Outperforms Bitcoin, Why Rally to $5 is Imminent

Unlike the rest of the Altcoins, XRP has shown surprising strength on key technical indicators and outperformed Bitcoin – analysts believe the trend is a crucial indicator that the token is a bullish indicator with reserve momentum.

According to technical analysis and other sources, the price surged at least 5% over the last week following reports that Ripple Labs had secured a license to facilitate payments in the UAE and the possibility that the firm was on course to have its long-drawn case with the SEC concluded.

Pocketed Bigger Gains than Bitcoin

The token has long been trying to reach its all-time high, and for the last seven years, the target has appeared elusive. However, after a rather long wait and amidst the recent uptick, the third-largest coin in market capitalization finally managed to go beyond the $3 psychological level at the end of January. However, the token quickly slid below the $3 mark, shattering the high hopes of the community.

However, analysts have observed the token recovering after snagging several licenses within the United States. Even as the entire market recovered, the coin seems to have pocketed relatively bigger gains compared to Bitcoin and other altcoins. This was after Ripple obtained Money Transmitter Licenses (MTLs) in Texas and New York, two states known for their strict regulatory requirements.

Price Could Reach $100

Data from the financial markets shows that there’s relatively high interest in the token because there are indications the price could quickly rise by $100 as soon as Ripple Labs secures a piece of SWIFT’s $5 trillion daily payment transactions. Market expert Patrick Bet-David predicts that prices could reach $100 if SWIFT picks up, but only 5% of its transactions, and subsequent universal adoption could easily push the price toward $1,000. Joanie Xie, Managing Director of North America at Ripple, said,

“We’re continuing to see more interest from financial institutions to crypto businesses that want to unlock the benefits of crypto and blockchain for faster, cost-efficient, and 24/7 cross-border payments.”

Ascent Based on Market Shift

Data shows that the token recently surged 6% as it recovered from a relatively rough week that saw a 10% price reduction to the current price of $2.34. The success of the imminent price rally will depend on potential institutional support that could expand its SWIFT volumes. Moreover, the anticipated resolution with the SEC and the launch of the new RLUSD stablecoin are believed to be the main forces driving the ongoing rally, even though some analysts are still doubtful of their impact.

The increase in network activity has also been attributed to Franklin Templeton’s recent filing of an ETF application, even though the current price is at least 80% lower than its 2028 all-time high. While reaching the projected $1,000 may look impossible, advancing toward $100 could establish the required change that could push the token toward becoming the missing link within international financial operations.

Conclusion

According to analysts, XRP has the potential to reach a new all-time high soon. The firm revealed that in April, the altcoin would trade at a high of $4.70, a notable 50% increase from its current price level. Increasing utility and regulatory acceptance could push the asset to this peak even before April.

Frequently Asked Questions (FAQs)

What is the price prediction of XRP in 2025?

Based on current analytical projections, XRP could trade between $2.21 and $4.14 in 2025, with an average price of around $2.97.

What factors could help propel the token in an upward trajectory?

Among the prominent factors that could help establish the imminent price rally are Bitcoin’s market trends, regulatory clarity, the end of the Ripple vs. SEC case, and adoption by financial institutions.

How long will it take to reach $1000?

According to analysts, it’s mathematically impossible for XRP to reach a price of $1,000. XRP’s current supply is 57.1 billion tokens, and to reach $1,000 per token, it would require a market cap of $57 trillion.

Will XRP replace Swift?

The token has emerged as an innovative solution for international payments. It offers fast and low-cost transactions and could replace the SWIFT system in the future.

Appendix: Glossary for Key Terms

XRP: A digital asset on the XRP ledger designed for fast, low-cost international money transfers.

Altcoins: Any cryptocurrency that is not Bitcoin, acting as an alternative to it.

SWIFT: An acronym for the Society for Worldwide Interbank Financial Telecommunications that enables users to receive international wire transfers.

References

Coindesk

FX Street

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