XRP News Today: XRP Surges 67.2% in 30 Days, Outperforming Major Cryptocurrencies

XRP, the cryptocurrency associated with Ripple, has recently shown significant market momentum, with analysts and developers predicting substantial price increases in the coming years. In the last 30 days, XRP's price surged by 67.2%, outperforming major cryptocurrencies such as Bitcoin, Ethereum, Solana, BNB, and Cardano. This surge has been accompanied by a 50% increase in ledger volume, reaching $1.4 billion per day.

One of the key developments is the XRP/BTC pair, which is currently trading at 0.00002952 BTC. According to renowned crypto trader Gordon, the pair is on the verge of breaking through a key resistance level that has held firm for eight years. This breakout could signal a major rally for XRP, with Gordon calling it a “rare, generational wealth opportunity.” The pair has already climbed 43.63% since the start of the month, with significant gains between July 6 and July 17, including an 11.17% single-day jump on July 17.

Another potential catalyst for XRP's price is the approval of a spot XRP ETF. While several XRP ETFs based on futures and leverage are already live in the U.S., the market is still waiting for the SEC to approve a spot XRP ETF. Following the SEC vs. Ripple lawsuit resolution, the approval of a spot XRP ETF could be a powerful catalyst that pushes the XRP price even higher. Interestingly, the current rally is unfolding without this major trigger, indicating strong organic momentum.

Analysts have forecasted that XRP could reach between $5 and $10 by late 2025, indicating a strong bullish sentiment in the market. Developer Vincent Van Code has made an ultra-bullish prediction for the XRP price, suggesting that it could rally to $59.40. This prediction is based on a detailed breakdown provided by the developer, highlighting the potential for significant growth. Additionally, Gemini AI has forecasted that XRP could surge to $45 by the end of 2025, representing a more than twelvefold increase from its current price near $3.56.

Despite recent market corrections, analysts predict a prolonged bull cycle for XRP and other major cryptocurrencies, potentially stretching into 2027. This bullish outlook is supported by institutional demand and the overall positive sentiment in the crypto market. The momentum for XRP continues to build, with the cryptocurrency closing in on its all-time high of $3.66. The bullish outlook is further supported by institutional demand, which has been a key driver of XRP's recent price movements.

With the SEC lawsuit settled, institutional interest rising, and Ripple’s cross-border payment adoption expanding, the outlook for XRP price remains bullish. Gordon believes that if momentum continues, XRP could hit $10 or more by 2025. The XRP/BTC breakout, combined with growing investor confidence and pending spot ETF approvals, could mark the beginning of a powerful rally.