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XRP Price Analysis: Will Ripple Hit $500 Billion Market Cap in 2025?
The year is just starting, and the cryptocurrency market has already witnessed tremendous growth. With Bitcoin (BTC) price surging above $100k for the first time ever, the crypto space seems to be unfazed by recent events. Ripple’s XRP has not escaped this momentum as it has seen a massive 20% surge in the past week, reaching approximately $2.44 on January 7.
As this rally approaches the crucial hurdle of $500 billion market capitalization, many investors are left questioning whether XRP will indeed reach this milestone within the next year.
The ongoing bull run can be largely attributed to recent XRPL developments and the political shift in the United States. The launch of RLUSD has not only garnered attention but also contributed significantly to the stablecoin’s growth, with a market cap exceeding $72 million and trading volume reaching approximately $24 million per day.
Ripple’s CEO Brad Garlinghouse recently emphasized that Donald Trump-induced crypto rally is real, and it will continue in the coming months. This sentiment has created further momentum for XRP, as seen in its recent price surge.
Industry expert Peter Brandt suggests that the flag pattern on the chart may lead to a $500 billion market capitalization if this trend continues. Many are left wondering whether such a milestone is realistic or not.
In an exclusive interview with Coinpedia, we asked our experts their thoughts on the subject. According to John Deaton, XRP’s legal victory in its SEC appeal could potentially be a game-changer for the project’s future, especially given Brad Garlinghouse’s optimistic outlook. On the other hand, we have Vitalik Buterin who expressed skepticism about such a massive growth, citing concerns over market volatility.
As the cryptocurrency landscape continues to evolve and new projects emerge, it remains uncertain whether Ripple will indeed reach a $500 billion market capitalization by 2025. However, one thing is clear: this narrative has caught everyone’s attention, and we can expect many more developments in the coming months.
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Source: coinpedia.org
