Currently, the price of 22258436385 is $2.4, with a market capitalization reaching $148 billion, ranking it as the third-largest cryptocurrency. Market data shows that XRP has increased by 35% over the past week and has risen by 350% since the U.S. elections. Notably, when the price briefly dipped to $2.22, whale addresses holding between 1 million to 10 million XRP acquired approximately 120 million tokens during this period, worth $288 million, demonstrating strong confidence from large investors in XRP.
Technical analysis indicates that XRP's key support level is at $2.30, a price point that has shown resilience during recent market fluctuations, with buyers consistently defending this area. On-chain indicators paint an encouraging picture of growth for the XRP ecosystem. Active addresses on the XRP Ledger exceeded 100,000 on December 2, setting a new annual high, indicating that the adoption and usage of the platform are on the rise.
In the future, XRP may witness continued growth and adoption, putting overall upward pressure on the token's price. Our median price prediction for XRP is $2.45, with a potential high of $4.11. The news of XRP's usage in Japanese banks has driven the price of XRP to quickly reach and exceed $2 and $2.5, currently striving to reach its all-time high.
If the cyclical nature of Bitcoin continues, XRP's price will still be pushed upward, reaching a high of $76.88, a low of $9.97, and a median price of $30.71. By 2030, we may see the consequences of the previous year's Bitcoin halving, but this will be far less severe than before—the regulatory framework for global digital assets has been firmly established, and adoption and practicality have reached all-time highs.