XRP Passes USDT: 3rd Largest Crypto With $141 Billion Market Cap

XRP, the cryptocurrency that has received worldwide investor attention in recent months, has started 2025 well.

The asset's value rose 11% to $2.42, a level not seen since late 2024's market fall.

Analysts Expect XRP to Reach $5.85 As Market Confidence Rises

This rebound has made XRP the third-largest cryptocurrency with a market worth of $141 billion, according to CoinGecko. Notably, it topped Tether (USDT)'s $137 billion market worth.

A change in market sentiment after President Donald Trump's November 5 election contributed to XRP's recent surge.

Trump's win has boosted digital asset sector confidence and investor excitement. This mindset change seems to have sparked a crypto market purchasing spree, benefitting XRP and other digital assets.

This pattern has caught crypto experts' attention. Crypto analysis expert DarkDefender noted XRP's outstanding pricing trend.

After hanging at $2.11, XRP broke past resistance at $2.22 and hit $2.44. DarkDefender listed $2.42 as a crucial resistance level that is now a support level.

If XRP breaks the $2.67 to $2.72 level, it might rise to $5.85, according to his estimate.

The token might grow 141% from its current price, setting a new record.

Elliott Wave Theory Suggests $10 Target

Another expert said XRP may “easily surpass $10” if it continues a methodical increase like its last price leg.

Based on Elliott Wave Theory, he believes XRP might reach $10 if it enters a “wave 3” situation, the most significant price change.

Many investors are aiming $8, which CryptoinsightUK deems acceptable based on different factors.

XRP's strong start and market dynamics imply a major cryptocurrency revolution in 2025.

XRP rose 2% to $2.42 in 24 hours. CoinGecko data shows a 42% drop in trade volume, reaching $5.6 billion.

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