XRP News Today: XRP Surges 49% in a Month, Analysts See Apple-Like Growth Potential

John Squire, a prominent analyst within the XRP community, has drawn a parallel between the current state of XRP and Apple Inc. before the launch of the iPhone. Squire suggests that investors who sell their XRP holdings now might be missing out on significant future gains, similar to those who sold Apple stock just before its transformation into a global tech giant.

Squire's remarks come at a time when optimism around XRP is growing. The token has recently rebounded strongly, climbing back above the critical $3 resistance level twice in the past week and is up 49% in the last month, indicating a possible shift in market momentum. While some traders may see this as an opportunity to secure short-term profits, others are advocating for a longer-term investment approach.

To support his comparison, Squire refers to Apple’s performance after its landmark product launch. The iPhone was officially introduced in January 2007, marking a pivotal point for the company. Before this, Apple’s stock had moved slowly over the years, trading between $0.06 and $1 from 1981 through the late 1990s, and reaching around $3 by 2007. However, in the years following the iPhone’s debut, Apple’s stock saw exponential growth. By December 2024, it had reached a peak of $260. At its current value of approximately $210, the stock has appreciated by over 6,800% from its pre-iPhone level of $3. When compared to the 2024 peak, the increase is even more dramatic, amounting to roughly 8,566%.

Squire and other XRP supporters suggest the token may now be in a similar position to Apple in the early 2000s. If XRP were to replicate Apple’s growth pattern from the $3 level, it could hypothetically rise to prices exceeding $200. While such projections are speculative, they reflect the high expectations held by a significant portion of the community.

Several developments are fueling this sentiment. These include growing speculation around the approval of multiple spot XRP exchange-traded funds (ETFs), as well as discussions about XRP’s potential role in national digital asset strategies. Some analysts have also suggested that companies may adopt XRP as a treasury reserve, akin to how certain firms have adopted Bitcoin. Adding to the bullish narrative, the resolution of Ripple’s legal battle with the SEC has eliminated a major source of uncertainty. With regulatory clarity improving and utility-focused adoption on the rise, proponents believe XRP’s long-term value proposition is becoming more compelling.

Although critics caution against overly optimistic forecasts, especially regarding extreme price targets, the overall shift in market tone suggests that many are now reassessing the long-term potential of XRP. The current momentum of XRP is supported by several factors. The token's Relative Strength Index (RSI) has remained elevated for weeks, indicating that momentum-driven rallies can persist, especially in environments of increased buying from big investors and interest from institutions. This resilience is further bolstered by Ripple's recent payment of a $125 million SEC fine in cash, which has removed a significant overhang and cleared the path for XRP to potentially fly higher.

Technical analysis also paints a bullish picture. XRP is currently trading near $3.19 with a market cap topping $188 billion, showing a breakout from a descending resistance and moving inside an ascending channel backed by rising volume. Traders are spotting a hidden pattern that echoes previous rallies, hinting that this breakout might be "hidden in plain sight." Additionally, whales are piling in, accumulating billions of XRP tokens, while on-chain data reveals growing wallet numbers and optimism around potential ETF approvals.

Ripple is also pushing new frontiers with the introduction of a metadata standard on the XRP Ledger, making tokens smarter, more secure, and easier to find. This sets the stage for expanded DeFi activity by the end of the year. The launch of the ProShares Ultra XRP ETF on NYSE Arca offers leveraged exposure that could attract fresh institutional capital, further fueling the excitement around XRP.

However, the journey is not without its challenges. The RSI is sitting high at 96, signaling that the token might be a bit overbought and could see some short-term pullbacks. Additionally, if Bitcoin shifts gears, that rotation could limit how far XRP can climb in the near term. New competitors and potential delays in regulatory clarity could also add to the pressure.

Despite these risks, real-world wins are stacking up. RLUSD recently hit a $500 million market cap, and Dubai’s tokenization of real estate on the XRP Ledger shows growing adoption beyond speculation. This powerful mix of technology, practical use cases, and growing momentum has traders betting big on XRP as a breakout star.

The big question is what’s next? Will positive momentum from regulatory clarity push XRP higher? Or will market volatility stage a comeback? For investors, this is a crucial moment to think about balancing their portfolio with Bitcoin for stability, but keep an eye on XRP’s potential for explosive moves. The current $3 mark feels like a pressure cooker about to burst, with a sharp 20% rally potentially sparking a frenzy of FOMO, sending XRP soaring toward new cycle highs and rewarding those patient holders who’ve stuck it out through thick and thin.