As 2024 nears its end, the cryptocurrency community is eager to see the performance of leading currencies like Ripple XRP in the coming year. The native cryptocurrency of Ripple Labs has returned 251.08% over the past year, and many notable events have occurred that fueled positive momentum. In 2025, XRP holders hope for further gains and a new all-time high. Could this asset reach $4.50 sometime next year? XRP was among the many cryptocurrencies affected by the bear market last week. Ripple's cryptocurrency dropped 13% over the past seven days. Nevertheless, the asset's monthly increase still reached 45%, fueling hopes for a rebound in the new year. After experiencing a bull market, most cryptocurrency markets experienced a pullback last week. Now, all eyes are on January, and what level the leading cryptocurrencies will rise to.
Will XRP break through $4 by March 2024?
XRP is still about 40% lower than its all-time high of $3.84. This peak was reached in 2018: about seven years ago. However, several cryptocurrency price analysts expect the ATH to be reclaimed and surpassed next year. Analysts at CoinCodex predict that if everything goes according to plan for Ripple XRP, this peak could arrive as early as March.
CoinCodex states that the expected surge of XRP price to $4.51 in March 2024 will bring a 106.67% return on investment. This is expected to be one of the best months for XRP, setting new ATH and standards for the asset. Ripple achieved many victories in 2024, including the launch of its RLUSD stablecoin and a lawsuit victory against the SEC. The latter is a significant moment for cryptocurrency, changing the stringent regulatory approach of the U.S. towards digital assets.
Moreover, with the new U.S. government taking office, these regulations are expected to further loosen by 2025. After Donald Trump won the U.S. election, the cryptocurrency market flourished, with Bitcoin leading the way to eventually reach $100,000. Various meme coins and altcoins (such as XRP) also surged, following in BTC's footsteps. As analysts predict Bitcoin will rise further in January, it is expected that XRP will also see a significant increase in 2025. While $4.50 is anticipated to be the new benchmark high for XRP, do not expect it to remain so in 2025. If XRP breaks through key levels early, the asset could soar to $5 or even higher as the cryptocurrency market reaches new levels.
