XRP Surges 12.65% Weekly, Trading Volume Jumps 42.18%

XRP, the native cryptocurrency of the XRP Ledger, has experienced a notable resurgence, with its price surging from a local low of $1.6 to a high of $2.2 within the past week. As of the latest reports, it was trading around $2.15, marking a 12.65% weekly growth. This upward trend is not merely a fleeting spike but is supported by substantial market momentum, as evidenced by the daily price charts.

One of the primary drivers behind this price increase is the surge in trading activity. Over the past few days, XRP’s volume jumped by 42.18%, reaching significant levels. Additionally, the options volume spiked by 204% to $3.49k, while the Open Interest in XRP options rose by 87.5%, standing at $486.6k. These figures indicate that more traders are entering the market, with many betting on a further increase in XRP's price.

Well-known crypto analyst Ali Martinez believes there is potential for XRP to rise further. According to Martinez, XRP is currently trading within an ascending triangle, a bullish technical pattern that suggests buyers are gradually taking control. Martinez identifies a key resistance level at $2.22, and if XRP manages to break above it, the price could aim for $2.40 in the short term.

The bullish sentiment is further supported by the buy-sell ratio on decentralized exchanges (DEX), which currently sits at 1.5. This ratio indicates that for every sell order, there are 1.5 buy orders, suggesting that buyers outnumber sellers and that more buy orders are being filled in the market. This continued buying pressure provides strong support for the XRP price, helping it stay stable or even push higher.

Investor behavior also reflects a positive outlook. The Exchange Supply Ratio for XRP has fallen to 0.02743, meaning fewer XRP tokens are being sent to exchanges, which usually implies less selling pressure. Additionally, the funding rate has remained positive for five days, indicating that traders are paying to hold long positions, another bullish signal.

The recent bullish run has sparked hopes that XRP could soon reclaim the $2.2 resistance level and potentially break through to $2.5. This optimism is fueled by several key developments, including the resolution of the Ripple vs. SEC case and the launch of the RLUSD stablecoin. The legal battle between Ripple Labs and the SEC has been a significant factor influencing XRP's price. In March 2025, Ripple Labs settled the lawsuit by agreeing to pay a reduced fine of $50 million, which was far less than the $2 billion initially sought by the SEC. This resolution, along with the court's confirmation that XRP is not a security, has improved market sentiment around XRP. The dismissal of charges against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen further bolstered investor confidence.

The launch of the RLUSD stablecoin in December 2024 has also contributed to XRP's bullish momentum. The stablecoin's success enhanced XRP's liquidity and utility, adding momentum to its rally. The pro-crypto stance of the new US administration and Bitcoin's strong post-halving performance have also positively influenced XRP's market dynamics. In early 2025, XRP reached a high of $3.40, riding a pump inspired by Donald Trump’s election victory and the RLUSD stablecoin launch.

The first XRP ETF launched in the United States in April 2025, giving bulls an even more optimistic outlook. This development, along with the pro-crypto regulations and increasing institutional adoption, is expected to drive XRP's price higher. Analysts predict that XRP could hit $2.15 by the end of 2025, with the potential to climb to a peak price of $4.92 by the end of 2026, unless a broad market downturn hits the sector.

The continued uptake of cryptocurrencies and blockchain technology is expected to surge as pro-crypto regulations around the globe give investors a useful framework to operate in. More merchants accepting cryptocurrencies as payment for goods and services will also boost XRP’s price. By 2030, XRP is most likely to attract a lot of institutions looking to get set up in the crypto space, potentially boosting its price to $71.12.

Ripple Labs has also been expanding its partnerships, reflecting its ongoing efforts to expand institutional adoption. The company has partnered with abrdn and Japanese banks, further solidifying its position in the market. These developments, along with the growing acceptance of cryptocurrencies, are expected to drive XRP's price higher in the coming years.