XRP Addresses Surge 100% in 2025, Price Eyes $3 Resistance

XRP, the cryptocurrency associated with the Ripple network, has seen a significant surge in the number of addresses, reaching a record high of 6,870,945 as of March 12, 2025. This milestone is seen as a key on-chain catalyst that could potentially push the price of XRP above the $3 resistance level. The growth in the number of addresses has been steady since early February, with a notable increase between late February and early March, coinciding with heightened price volatility in the asset.

Despite the network expansion, XRP’s price has fluctuated in line with overall market sentiment, maintaining support above the crucial $2 level. The increase in new addresses aligns with XRP’s recent attempts to reclaim the $3 mark, suggesting growing investor engagement and a potential bullish signal. This growth in addresses indicates a rising interest in XRP, which could drive its price higher in the coming months.

To assess XRP’s price trajectory in light of this new on-chain milestone, an AI model was consulted. The AI predicted that XRP could trade between $3.50 and $5 by the end of 2025, with a potential breakout above $6 under favorable conditions. The AI noted that rising active addresses historically correlate with price growth. A strong crypto market rally, particularly in Bitcoin, or a favorable outcome in Ripple’s case with the Securities and Exchange Commission could further boost XRP’s price. However, regulatory setbacks or a broader market downturn could cap prices between $2.50 and $3.

In the short term, technical analysis suggests that XRP may undergo a price correction, potentially presenting a buying opportunity. On March 15, the TD Sequential indicator flashed a sell signal on the four-hour chart, suggesting a temporary pullback before a potential rebound. Key support levels to watch are $2.30 and $2.20, where buyers may step in. Despite this, XRP remains in an uptrend, with traders eyeing a buy-the-dip opportunity.

Adding to potential volatility, Ripple is set to release $465 million worth of XRP in March from its reserve, a transaction that could introduce new price swings. Pseudonymous crypto analyst Egrag Crypto outlined three potential scenarios for XRP. If the token closes above $2.83, it could signal bullish strength, potentially pushing toward $4.20. Holding above key resistance levels at $2.40, $2.97, and $3.07 could further reinforce an uptrend. However, a drop below these levels might trigger a decline toward the Fib 0.786 level, possibly forming a bear trap, especially if Bitcoin retests $70,000. Egrag Crypto sees a deeper drop as a generational buying opportunity rather than a bear market signal.

Overall, XRP is following a short-term bullish trajectory, aligning with the broader cryptocurrency market recovery. At the time of reporting, the token was trading at $2.43, up over 4% in the last 24 hours and nearly 3% for the week. In the long term, XRP’s potential hinges on key fundamentals, including a possible resolution of Ripple’s case. Reports suggest the regulator might seek to conclude the matter soon, especially given the current crypto-friendly regulatory environment. This resolution could provide a significant boost to XRP’s price, as it would remove a major overhang on the asset.