#ChristmasMarketAnalysis Hey Binance family!
XRP has been on an incredible run lately. Since November 2024, XRP has soared over 450%, peaking at $2.90 before stabilizing around $2.50.
This surge has positioned XRP in third place in the crypto rankings, beating out Tether.
The main catalyst? Ripple’s launch of RLUSD, a USD-backed stablecoin that aims to improve cross-border payments and liquidity.
Analysts are buzzing with predictions for 2025. Some see XRP reaching $5 to $7 by early 2025, while others are even more optimistic, targeting $18 by the end of the year.