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Economic Times
a day ago
- Business
- Economic Times
XRP leaves Bitcoin in the dust? Ripple hits all-time high against BTC in shocking surge
Synopsis XRP price hits all-time high – Ripple just shocked the crypto world! XRP skyrocketed past its 2018 high, hitting $3.70, as daily volume on the XRP Ledger surged 50% to $1.4 billion. With a golden cross, bullish signals, and talk of hitting $10 soon, XRP could be leading the next big altcoin rally. Retail and institutional eyes are watching closely—this breakout may just be the start. XRP's rising dominance and growing Washington support are making it a top contender in crypto right now. Can it really outperform Bitcoin? Agencies XRP price prediction beats Bitcoin surge — Backed by powerful data, XRP just smashed through its 2018 high, touching $3.70 as daily transaction volume on the XRP Ledger soared 50% to $1.4 billion. Technicals confirm the move: a golden cross, rising open interest, and MACD bullish crossover all point to a potential breakout toward $7–$10. XRP dominance is nearing 5.75%, a level unseen in over 2,200 days—if broken, it could signal an altcoin-led rally. XRP Leaves Bitcoin in the Dust: Can Ripple Hit $10 in 2025? XRP just stunned the crypto world, surging past its 2018 high of $3.70 and igniting speculation that it might be on track to outperform Bitcoin. With daily transaction volume on the XRP Ledger jumping 50% to $1.4 billion, this isn't just a price rally—it's a full-blown ecosystem breakout. From technical breakouts to macro-level adoption and institutional inflows, XRP is checking all the boxes of a top-performing altcoin in a new bull cycle. XRP is currently trading around $3.54–$3.57, just under its all-time high of $3.66. The recent rally is driven by: XRPL Activity Explosion : Daily volume on the XRP Ledger has skyrocketed to $1.4 billion. : Daily volume on the XRP Ledger has skyrocketed to $1.4 billion. Bullish Technicals : A golden cross (20-day SMA over 200-day SMA) has formed, signaling strong upside potential. : A golden cross (20-day SMA over 200-day SMA) has formed, signaling strong upside potential. Institutional Interest : Open interest in XRP derivatives is rising sharply, nearing $11 billion. : Open interest in XRP derivatives is rising sharply, nearing $11 billion. Washington Policy Tailwinds: The Genius Act and crypto-friendly regulation under Donald Trump are boosting investor confidence. 'We're witnessing an unprecedented spike in XRPL activity, marking renewed confidence from both the developer ecosystem and institutional players.' — David Schwartz, CTO at Ripple Yes—and it's a big one. Analysts are tracking a classic cup and handle pattern on the chart. A confirmed breakout above $3.52–$3.56 could unlock the next wave toward $4.50 and beyond. Key levels to watch: Price Level Significance $3.28 200-day SMA—long-term support $3.35 Handle bottom—psychological pivot $3.44 Bollinger Band midline—local support $3.66–$3.84 All-time high zone—critical breakout confirmation $4.00+ Short-term target post breakout Over the last month, XRP has outpaced BTC by more than 60% in USD terms. It's also gaining ground in BTC pairs, with XRP/BTC now approaching the 0.038 resistance mark. If it breaks through, we could see a broader altcoin shift away from Bitcoin dominance. $3.80–$4.47 possible, according to Peter Brandt and Bitget, if momentum holds. possible, according to Peter Brandt and Bitget, if momentum holds. Break above $3.56 could trigger short-term price action up to $4.00–$4.50 . could trigger short-term price action up to . Weekly forecast: 8–20% upside projected by end of July. $5.00–$10.00 range viewed as likely if institutional flows, ETF approvals, and macro trends stay positive. range viewed as likely if institutional flows, ETF approvals, and macro trends stay positive. Dr. Cat (NewsBTC) believes a $6–$10 surge is possible if Bitcoin reaches $144K. $20–$30 targets are being floated by analysts like XRPunkie and CoinCentral. targets are being floated by analysts like XRPunkie and CoinCentral. The MVRV golden cross has triggered some extremely bullish projections, including a speculative $22–$45 range . has triggered some extremely bullish projections, including a speculative . Gann analysis suggests XRP could even touch $45 in the next bull cycle—but caution is warranted. XRP Dominance (XRP.D) is nearing 5.75%, a key resistance zone not breached in over 2,200 days. Breaking above it could trigger the next explosive move. However, wallet data and HODLer activity hint at a short-term cool-down or consolidation phase. Traders should watch for failed breakouts or divergence in on-chain metrics. Timeline Conservative Target Moderate Estimate Speculative Bull Case Short-Term $3.80–$4.47 — — Q4 2025 ~$5.00 $6.00–$10.00 — 2026+ $7.00–$20.00 — $22.00–$45.00 All signs point to XRP being one of the early leaders of the next crypto bull cycle. With soaring transaction volume, bullish chart patterns, ETF whispers, and political momentum, XRP may be gearing up for a breakout that leaves even its 2018 rally in the dust. That said, a short-term pullback wouldn't be unusual, and key resistance levels like $3.66, $3.84, and XRP.D > 5.75% need to be breached to unlock the full upside potential. XRP hit a new multi-year high at $3.70 , surpassing its 2018 peak. , surpassing its 2018 peak. Ledger volume surged 50% to $1.4 billion per day. to $1.4 billion per day. Analysts predict $5–$10 by late 2025 , with $20+ in play long term. , with $20+ in play long term. Technical momentum remains strong , supported by golden cross and MACD crossover. , supported by golden cross and MACD crossover. Short-term consolidation is possible, so watch support levels carefully. XRP is currently trading at around $3.54, showing a modest 1.1% increase on the day, with intraday highs near $3.58. Over the past month, XRP surged approximately 50–60%, breaking from under $2.40 earlier in July to reclaim multi-year highs near $3.70. This momentum has been further bolstered by favorable on-chain activity and rising institutional interest. While Bitcoin remains the top digital asset by market cap, XRP is currently outperforming BTC in several key metrics, including price growth, transaction volume, and ecosystem activity. XRP recently surpassed its 2018 high, hitting $3.70, while also gaining market share in BTC pairings. If you're seeking short- to mid-term gains and exposure to a fast-growing network with increasing institutional interest and favorable regulatory momentum, XRP could offer better risk-reward potential than Bitcoin at this moment. However, Bitcoin is still considered a long-term store of value, whereas XRP is more of a utility-driven asset focused on payment rails and liquidity. Yes, multiple analysts believe XRP can potentially reach the $7–$10 range by the end of 2025, especially if current bullish momentum continues. The XRP Ledger has seen a 50% spike in daily transaction volume, while open interest in XRP derivatives and technical indicators like the golden cross and MACD crossover are pointing to continued strength. Furthermore, XRP dominance (XRP.D) is nearing a breakout level at 5.75%—if cleared, this could unleash a massive price surge. However, it's important to note that such targets depend on broader market sentiment, Bitcoin stability, and continued adoption of XRPL technology. XRP's recent rally is fueled by a combination of technical breakout patterns, ecosystem growth, and increasing institutional and retail interest. The XRP Ledger saw transaction volumes rise sharply to $1.4 billion daily, while XRP formed a cup-and-handle pattern on the charts—a strong bullish indicator. Additionally, support from regulatory circles in Washington, including policy direction under Donald Trump's administration, has made XRP more attractive to institutions. A golden cross (where the 20-day moving average crossed above the 200-day) and positive momentum in derivatives markets have further added fuel to the surge. Like all cryptocurrencies, XRP carries a degree of volatility and risk, especially in the short term. Despite its strong fundamentals and growing adoption, XRP is still subject to regulatory developments, global market cycles, and speculative trading behavior. That said, many investors view XRP as having a better risk-reward profile in 2025 due to its clear utility in cross-border payments and growing traction in the financial ecosystem. As always, it's crucial to do your own research and consider diversifying your investment to manage risk effectively. Unlike most altcoins that primarily serve as speculative assets, XRP is a utility-driven token used to facilitate fast, low-cost international payments on the XRP Ledger. It was designed to work with financial institutions, and it's increasingly being adopted by banks, fintech companies, and payment processors. Additionally, the XRP Ledger supports smart contracts, NFTs, and decentralized finance (DeFi), making it a more versatile platform compared to many traditional Layer 1 tokens. This unique blend of speed, scalability, and institutional focus sets XRP apart in the crowded crypto landscape. Key indicators to watch include XRP's price movement near historical resistance levels, particularly $3.66 and $3.84. Traders also monitor XRP dominance (XRP.D)—a breakout above 5.75% could trigger a major price leg. Technical patterns like the cup-and-handle, golden cross, and bullish MACD crossover are strong signs of upward momentum. Additionally, keep an eye on transaction volume on the XRP Ledger and open interest in XRP derivatives. A sudden spike in either could hint at another breakout rally. XRP has the potential to be a cornerstone of institutional crypto infrastructure, especially in cross-border payments and liquidity management. If regulatory clarity continues to improve and adoption accelerates, XRP could see significant long-term value. Some analysts even predict XRP reaching $20–$45 by the late 2020s, particularly if Ripple's ongoing partnerships with central banks and financial institutions bear fruit. However, long-term investors should remain cautious of global market conditions, evolving regulation, and competitive pressures from other blockchain networks.
Yahoo
01-07-2025
- Business
- Yahoo
XRPL EVM Sidechain Goes Live, Unlocking Ethereum Dapps in XRP Ecosystem
Ripple officially introduced the XRP Ledger's Ethereum Virtual Machine (EVM) sidechain to the mainnet in an bid to improve the ecosystem's interoperability and allow developers to deploy their Ethereum-based decentralized applications (dapps) with the XRPL. The development adds EVM-compatible smart contracts while maintaining a connection to the XRPL, giving developers access to the ecosystem at a low cost, Ripple said in a blog post. It is designed to eliminate the trade-off between EVM compatibility and XRPL's own advantages, opening the door for dapps to lean into XRP's payments infrastructure. 'The XRPL EVM Sidechain introduces a flexible environment for developers to deploy EVM-based applications, while maintaining a connection to the XRPL's efficiency,' David Schwartz, Ripple's chief technology officer and a co-creater of XRPL, said in the post. 'It extends the capabilities of the ecosystem without changing the fundamentals that make the XRPL reliable.' The sidechain operates as a separate blockchain that is parallel and connected to the XRP Ledger over the Axelar bridge, an interoperability protocol. XRPL's native token, XRP (XRP), will serve as the native gas token for the sidechain. The chain is designed specifically for developers, as they can now build and deploy their EVM-based applications, while accessing XRPL's network of over 6 million wallet holders, Ripple said. The sidechain is planned to eventually also integrate with Wormhole, another interoperability protocol, allowing even more developers to access the XRP ecosystem. Read more:
Business Wire
30-06-2025
- Business
- Business Wire
Axelar Delivers First Crosschain Connectivity for the New XRP Ledger EVM Sidechain
CANNES, France--(BUSINESS WIRE)--Today at EthCC, Axelar Foundation, in collaboration with Ripple, Peersyst and the broader XRP Ledger (XRPL) ecosystem, announced crosschain connectivity for the XRPL EVM Sidechain and XRP Ledger mainnet is live on Day 1 via Axelar. XRPL EVM Sidechain is a fast and secure sidechain connected to the XRPL via Axelar, a leading interoperability protocol connecting over 80 blockchains. Axelar is the first crosschain connector for transferring assets such as wrapped XRP, which will serve as the native gas token on the new XRP Ledger EVM Sidechain. Additionally, the sidechain is integrated with Squid as the crosschain transfer UI app for the XRPL and the EVM sidechain, elevating XRPL's multichain capabilities. Using XRPL EVM, developers can benefit right away from the XRPL's unique characteristics and institutional focus: 6M+ XRPL wallet holders, fast block times and low transaction costs, XRP as native gas token, a robust validator network and a strong focus on regulatory compliance. The XRPL EVM Sidechain has already attracted projects across DeFi, building novel, crosschain apps, allowing XRPL users to interact with their protocols directly from Mainnet without needing a new, EVM sidechain wallet. Partners include: Application Partners: Strobe: A money market protocol that supports DeFi lending and overcollateralized borrowing on XRPL. Securd: A lending protocol designed to provide secure, passive income to asset holders by financing collateralized leverage across DeFi positions. Vertex: A derivatives trading platform optimizing capital efficiency. Blockchain Tooling and Indexing Platforms: Blockscout: Provides the EVM block explorer Goldsky: High-performance custom indexing via scalable and easy-to-use subgraphs Institutional DeFi: stablecoins & beyond Renowned for its reliability, speed and low-cost performance, the XRP Ledger (XRPL) offers a trusted foundation for institutional tokenization of stablecoins and other real-world assets (RWAs). With the XRPL EVM Sidechain now live, developers can build, port and deploy EVM-compatible dApps while tapping into XRPL's established liquidity and decade-plus operational history. 'The XRPL EVM Sidechain introduces a new option for developers who want to build with EVM-compatible tools while leveraging XRP and the broader XRPL ecosystem,' said David Schwartz, CTO, Ripple and co-creator of the XRP Ledger. 'Axelar's crosschain infrastructure helps make that possible, supporting greater interoperability without changing the fundamentals of the XRP Ledger itself.' 'We are seeing tremendous interest in interoperability from institutions that are already on a path to bringing dollar stablecoins into a new financial ecosystem that is global and blockchain-based,' said Georgios Vlachos, director at Axelar Foundation and co-founder of Axelar protocol. 'XRPL's institutional-grade infrastructure provides an ideal starting point for this wave of new, dollarized financial products to reach the world.' Get started Developers can begin building today: XRPL EVM documentation: Axelar documentation: Users: Squid is the crosschain transfer UI app for the XRPL and the EVM sidechain. About Axelar Axelar is the Gateway to Open Finance, a decentralized network and development platform securely connecting the world's blockchains and financial infrastructure. Its programmable multichain product stack enables seamless interoperability across Web3 and beyond—critical for the next wave of institutional-grade use cases. With backing from top-tier investors including Dragonfly, Polychain, Binance Labs and Coinbase Ventures, Axelar is enabling the next generation of financial infrastructure: from global stablecoins to tokenized funds, built with security, compliance and enterprise scale in mind. Learn more at About Axelar Foundation Axelar Foundation is a nonprofit established to support the growth and adoption of the Axelar Network, a decentralized blockchain interoperability platform that connects multiple blockchain ecosystems. Learn more at About XRP Ledger (XRPL) The XRP Ledger (XRPL) is a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets. Designed to support businesses and builders, it is powered by XRP, a cryptocurrency purpose-built for payments. Trusted by over 1,000 visionary builders and businesses worldwide, the XRP Ledger offers institutional-grade functionality and built-in features to enable secure, efficient, and scalable financial services and use cases. It's more than just a blockchain – it's a global developer community dedicated to transforming future business solutions. Learn more and build your business with confidence at
Business Insider
28-06-2025
- Business
- Business Insider
XRP's $5+ Explosion Is Loading, Here's 3 Reasons Why It Could Detonate Any Day
XRP's prolonged sideways movement might just be the calm before the storm. Here's why bulls should be paying close attention. Confident Investing Starts Here: After four months of frustrating consolidation between $2.00 and $2.60, XRP may finally be gearing up for a decisive breakout. A confluence of bullish fundamentals, surging institutional interest, and key technical patterns is giving traders a strong case to keep their eyes on higher targets—possibly even in the $5 to $14 range. Let's unpack the three major signals pointing to a potential XRP surge. 1. Ripple's Aggressive Expansion Strategy Ripple is not just sitting back during XRP's sideways grind, it's building aggressively. The $1.25 billion acquisition of prime brokerage Hidden Road is a game-changer. The move reinforces Ripple's ambitions to become a major liquidity hub for institutions. What's even more notable is Ripple's plan to integrate its upcoming RLUSD stablecoin directly into Hidden Road's services, effectively tying ecosystem utility directly to XRP infrastructure. Ripple CTO David Schwartz confirmed that the M&A pipeline is active: 'We have multiple potential acquisitions in various stages, from early stages to late stages.' These aren't just vanity acquisitions either. Ripple's ongoing efforts with Metaco, Standard Custody, and now Wormhole integration signal an intent to turn the XRP Ledger into a cross-chain DeFi powerhouse. XRPL's upcoming upgrades, especially around programmability and a new lending protocol, mirror Ethereum's evolution and lay the groundwork for native DeFi use cases. Combined, these moves could significantly expand demand for XRP as a base asset. 2. CME Futures Volume Signals Growing Institutional Appetite XRP is now playing in the big leagues. Since their launch on May 19, CME Group's XRP futures have already clocked over $542.8 million in trading volume. On day one alone, trading reached $19.3 million, spanning 15 firms and four major retail platforms. Importantly, nearly half of these participants are non-U.S. traders, a key signal of global appetite. 'The introduction of XRP futures has rapidly demonstrated significant market interest and widespread participation,' noted CME Group. High derivatives volume often precedes large spot price movements, especially when accompanied by expectations of a spot ETF. And right now, XRP is among the leading candidates. Polymarket betting odds put the chance of an XRP ETF approval before year-end at 76%. An ETF approval would unlock new flows from institutional allocators—many of whom won't touch crypto until it's wrapped in an ETF wrapper. 3. Technicals Align for a Classic Bull Breakout Crypto analyst XForceGlobal has flagged a compelling technical setup. According to his analysis, XRP recently bounced from the 0.618 Fibonacci level near $2.00, a textbook retracement that often precedes a new leg higher. He sees this as part of a larger Elliott Wave structure targeting $5 in the short term, and $20-$30 over the cycle. Meanwhile, analyst Egrag Crypto points to a bullish symmetrical triangle pattern, with Fibonacci extensions pointing to targets between $8 and $27. Even conservative measures from the bull pennant structure project a breakout target of $14—a 564% upside from current levels. But there's a catch: XRP must first break cleanly above $2.65, which has capped every rally since March. If that level falls, we're likely in for an aggressive move toward $3 and beyond. It's evident that Ripple is expanding aggressively, institutional money is flowing in through CME futures, and bullish technicals are all aligning, XRP may be approaching its breakout moment. The question isn't if XRP will break out of its consolidation range, but how far it will run once it does. XRP is sitting at $2.0852.
Yahoo
26-06-2025
- Business
- Yahoo
Ripple Integrates Wormhole With XRP Ledger to Power Institutional Multichain Moves
Ripple is pushing deeper into multichain interoperability with the integration of Wormhole, a leading cross-chain messaging protocol, with the XRP Ledger (XRPL) and its EVM-compatible sidechain. The move, announced Thursday, aims to support institutional demand for seamless movement of crypto assets, including stablecoins and tokenized real-world assets, across multiple blockchain networks, without added friction or fragmentation. Wormhole's integration unlocks the ability to transfer the blockchain's native token XRP XRP, issued assets and multi-purpose tokens across more than 35 supported chains, including Ethereum ETH, Solana SOL and Avalanche AVAX. Developers can also initiate cross-chain smart contract interactions using Wormhole's messaging infrastructure. Ripple says the upgrade will help developers and institutions build multichain applications that prioritize compliance, low cost, and fast settlement. "If you want real mass adoption, interoperability is essential. The infrastructure has to be there, not just on one chain, but across them," said David Schwartz, the CTO of Ripple, in a press release shared with CoinDesk. "With this integration, tokens natively issued on the XRP Ledger are being set up for that reality by being able to move between blockchain networks while maintaining native issuance, and control." The development comes as the XRP Ledger increasingly positions itself as a hub for institutions and tokenized real-world assets such as real estate. For example, Dubai's first real estate tokenization platform was built on XRPL, which allows qualified investors to buy fractional shares in apartments and tokenizes title deeds on the network. Ripple, a payments-focused blockchain development firm with close ties to XRPL, also issues its own regulated stablecoin Ripple USD RLUSD. The token has a $400 million supply across XRP and Ethereum chains, data in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
