during the 2017-2018 bull market cycle, XRP demonstrated remarkable price action, appreciating from $0.003 to an all-time high of $3.31. This extraordinary surge represents an increase of over 110,000%.
the transformative power of this surge, drawing attention to how a modest $1,000 investment turned into holdings worth approximately $1.1 million in under a year. Many other analysts believe XRP can repeat this performance.
Factors That Could Push XRP to New Heights
Several key catalysts could drive XRP’s next growth phase. However, Pantoja highlighted two crucial factors: 1) Donald Trump taking office as U.S. president in 2025. 2) the anticipated resolution of the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple.