XRP Surges: $13M Presale Token Could Overtake ADA by 2025

XRP Price Surges as $13 Million Presale Token Could Surpass ADA by 2025

The XRP price is expected to rise sharply in the current trading session, with experts indicating a positive outlook for the XRP token as investors keenly await a decision on the Ripple spot approval. Amid the buzz over XRP’s potential price hike and the Ripple ETF approval, DTX Exchange is making headlines with a remarkable $13.2 million presale success. This hybrid exchange might overtake Cardano in market standing. Although ADA is also on an upward trajectory, DTX Exchange's market excitement gives it an edge over Cardano.

XRP Price Insights: Impact on Spot Ripple ETFs

On Saturday, XRP’s price increased by 0.25%, partially offsetting Friday’s 0.61% loss, closing at $3.1078. During the day, XRP traded within a narrow margin between $3.0772 and $3.1420 as investors anticipated updates regarding the SEC appeal. Meanwhile, the wider crypto market saw a 0.12% uptick, pushing the total market cap to $3.53 trillion.

The SEC’s approach to the Ripple case was the main talking point on Saturday, January 25. On Thursday, January 23, the SEC conducted a closed meeting, likely addressing enforcement actions including the Ripple case and the eagerly awaited Ripple ETF approval.

The short-term trends for XRP’s price are closely tied to the SEC’s appeal tactics and the progress towards establishing a Ripple ETF market. If the appeal is dropped, XRP’s price could surpass its all-time high of $3.5505. Should the SEC approve the pending spot Ripple ETF applications, Ripple might even break the $4 threshold. Conversely, if the appeal proceeds and the ETF applications are rejected, XRP’s price could fall below $2.

ADA Price Forecast: Elliot Wave Indicates Cardano’s Rise to $2

The ADA price could be driven by an increase in developers on the Cardano network. According to Santiment data, Cardano ranked third in development activity over the past 30 days, following Internet Computer and Hedera Hashgraph.