As 2024 comes to a close, the cryptocurrency community is eager to see the performance of leading currencies like Ripple XRP in the coming year. Ripple Labs' native cryptocurrency has returned 251.08% over the past year, and many notable events have fueled positive momentum. In 2025, XRP holders hope for further gains and the establishment of new all-time highs. Will the asset reach $4.50 at some point next year? XRP was one of several cryptocurrencies affected by the bear market last week. Ripple's cryptocurrency fell 13% in the past seven days. Nevertheless, the asset's monthly gain still reached 45%, fueling hopes for a rebound in the new year. After experiencing a bull market, most cryptocurrency markets underwent a correction last week. Now, all eyes are on January and how high the leading cryptocurrencies will rise.
Will XRP break $4 by March 2024?
XRP is still about 40% lower than its all-time high of $3.84. The asset reached this peak about seven years ago in 2018. However, several cryptocurrency price analysts anticipate that the ATH will be reclaimed and surpassed next year. Analysts at CoinCodex expect this high point to come as early as March if everything goes according to plan for Ripple XRP.
CoinCodex states that the expected spike in XRP price to $4.51 in March 2024 will yield an investment return of 106.67. This is expected to be one of the best months for XRP, setting a new ATH and standard 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 government in the United States, these regulations are expected to be further relaxed in 2025. After Donald Trump won the U.S. election, the cryptocurrency market thrived, with Bitcoin leading the way, ultimately reaching $100,000. Various meme coins and altcoins (such as XRP) also surged, following in BTC's footsteps. As analysts predict that Bitcoin will rise further in January, XRP is also expected to see a significant rise 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 key levels early, the asset may soar to $5 or even higher as the cryptocurrency market reaches new levels.
