As of December 25, 2024, XRP is trading at approximately $2.29 USD.
Price Predictions for January 2025:
Analysts have provided varying forecasts for XRP's price in January 2025:
Arthur Azizov, CEO of B2BinPay: Projects XRP could reach between $5 and $7 in the first half of 2025, citing strong post-election momentum and Ripple's advancements in the crypto space. Barron's
Hani Abuagla, Analyst at XTB: Suggests predictions range from $100 to a more conservative $5, based on expectations of reduced regulatory scrutiny under the Trump administration and Ripple's progress in cross-border payments. Barron's
Ryan Lee, Bitget Research: Offers a broader perspective, with average forecasts between $1.8 and $8.4, and optimistic scenarios suggesting peaks above $10. Barron's
Longforecast.com: Predicts XRP could start January 2025 at $2.10, reach a high of $3.28, and end the month at $1.96. LongForecast
Factors Influencing XRP's Price:
Regulatory Environment: The appointment of crypto-friendly Paul Atkins to head the SEC under the Trump administration has bolstered investor confidence, potentially impacting XRP's valuation. Barron's
Ripple's Developments: The launch of Ripple's stablecoin, RLUSD, is viewed as a significant advancement, potentially enhancing XRP's role in the financial ecosystem