The third-biggest cryptocurrency by market capitalization has emerged as the best performer of 2025, with the XRP price surging over 60% this year to an all-time high of $3.4 on Thursday.
| Key Takeaways: – XRP price gained over 60% this year, reaching a record high of $3.4, driven by optimism over a crypto-friendly Trump administration. – Ripple CEO Brad Garlinghouse anticipates the launch of an XRP ETF as institutional interest in crypto grows. |
According to Bloomberg, the surge in XRP price is driven by optimism over a crypto-friendly administration led by former President Donald Trump and the token’s growing prospects as regulatory concerns with the U.S. Securities and Exchange Commission seem to relax.
Ripple Labs, the San Francisco-based company behind XRP, had been fighting a regulatory case since 2020 brought by the commission on accusations of selling unregistered securities.
The partial victory in the Ripple case last summer raised hopes within the crypto community for greater clarity because while it ruled XRP security, in one instance, the product is sold to institutional investors, and there’s currently an SEC appeal ongoing.
The XRP price has been largely stuck between $2 and $2.80 since December but recently broke through the $2.8 resistance. Analysts say that if the momentum continues, the next target could be $3.6.
Besides, the prospects of a more crypto-friendly SEC could unlock the doors for more approvals of cryptocurrency ETFs. Ripple CEO Brad Garlinghouse made comments showing confidence that an XRP ETF is inevitable, especially with the institutional interest in crypto on the rise. Other figures are optimistic an incoming Trump administration may create a strategic Bitcoin reserve that could include tokens like XRP, Solana, and USDC.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
