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Cryptocurrency News Articles
XRP Price Prediction for 2025: Can It Reach $5, $10, or Even $100?
Jan 05, 2025 at 02:29 pm
John Deaton, a well-known attorney and former U.S. Senate candidate, has weighed in on XRP's potential for 2025, citing prominent price forecasts.
John Deaton, a well-known attorney and former U.S. Senate candidate, has shared his thoughts on XRP’s potential for 2025, highlighting the token’s absence from prominent price forecasts.
In a recent interview, Peter Chung, Head of Research at Presto, provided bullish predictions for several cryptocurrencies. However, Chung’s analysis notably excluded XRP, despite the token's strong performance in recent months.
Reacting to the omission, Deaton took to Twitter to emphasize XRP’s growing significance in the cryptocurrency market. He pointed out that the asset is now the third-largest cryptocurrency by market capitalization, excluding stablecoins. Additionally, Deaton highlighted the token’s significant gains in 2024, building optimism for its future performance.
“For those wondering, XRP closed 2024 up 418% from where it started the year at $0.55 on November 5. It was trading at $2.86 on December 3, as per an article from Barron's.”
A range of industry leaders have shared their predictions for XRP in 2025, with varying levels of optimism.
Arthur Azizov, CEO of B2BinPay, suggests that the token could trade between $5 and $7 in the early part of the year. Azizov cites Ripple’s technological developments and the favorable market conditions following the U.S. presidential election as contributing factors to his prediction.
Hani Abuagla, a crypto analyst at XTB, provides a broader forecast, suggesting that the token’s price could range from a conservative $5 to an ambitious $100. According to Abuagla, regulatory developments, particularly under a potential Trump administration, could help shape the token's future.
Finally, Ryan Lee, a researcher at Bitget, offers a balanced outlook. He predicts that XRP could trade within an average range of $1.8 to $8.4. However, Lee also expresses optimism that the token might surpass $10 if favorable conditions persist throughout the year.
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The wide range of predictions has sparked debate within the crypto community. While some analysts remain optimistic about the asset’s potential, others argue that its recent rally to $2.86 in December may have marked a peak.
Deaton, who is known for his legal activism in the XRP community, refrained from offering his forecast. However, he underscored the importance of the token’s current market performance.
At press time, XRP is trading at $2.39, up 3.76% in the last 24 hours. The asset ranks third among cryptocurrencies by market capitalization, with a market value of $137.26 billion.
The token’s absence from Presto’s predictions has also reignited discussions about its potential in the cryptocurrency market. While forecasts vary, the token’s strong 2024 performance has left many investors and analysts optimistic about what lies ahead in 2025.
This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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