XRP's Price Surge: 2025 Rally Fuels $100 Debate

Generated by AI AgentCoin World
Saturday, Mar 15, 2025 6:13 am ET1min read

Crypto influencer Cobb recently sparked a debate on X by comparing the current skepticism surrounding a $100 XRP price to the doubts that circulated about a $1 XRP price in the early years of the cryptocurrency. Cobb's post elicited a wave of responses from the community, with some members asserting that history is repeating itself and that a three-digit valuation for XRP is inevitable.

XRP, created in 2012 to facilitate fast and efficient cross-border transactions, experienced a tumultuous journey in its early years. From 2013 to 2016, its price remained below $0.01, and many investors were doubtful that it would ever reach $1. However, the landscape began to shift in 2017 when XRP experienced an unprecedented rally, rising from fractions of a cent to an all-time high of approximately $3.84 in January 2018. This surge was driven by speculative interest, a booming cryptocurrency market, and growing institutional adoption of Ripple’s payment solutions.

The price of XRP crashed in 2018 amid a broader market downturn. The SEC’s lawsuit against Ripple in 2020 further suppressed the cryptocurrency’s price, keeping it below $1 for extended periods. Despite these challenges, XRP surpassed the $1 mark to hit a multi-year high of $1.96 in 2021. However, it quickly fell and remained below $1 until late 2024, shortly before former SEC Chair Gary Gensler announced his resignation.

Despite the ongoing lawsuit, XRP remains a top cryptocurrency. The debate over its future price trajectory continues, with some predicting that it will eventually reach $100. Many investors share Cobb’s optimism, with some stating that history repeats itself and that a three-digit valuation for XRP is inevitable given its utility and institutional adoption. Others remain cautious, pointing out the numerous factors that need to align for XRP to reach even $10.

Many experts are convinced that XRP is poised to reach $100 soon. While multiple factors will determine its trajectory, its short- and long-term outlooks are bullish. The asset hit a multi-year high of $3.39 in January 2025 and has stayed well above $1 since it surpassed that level in November. The community's faith in the asset, despite past criticisms, underscores the potential for significant growth in the future.

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