Can Ripple Hit $15 By 2025?
XRP is on an impressive growth trajectory, with its price reaching $3.10 as of January 21, 2025, a daily increase of 6%.
This market optimism comes from a positive change in the administration of Donald Trump, which is actively reducing crypto restrictions.
Trump's pro-crypto stance, along with key figures supporting innovation like Paul Atkins, is boosting XRP's greater adoption. But could it reach $15 this cycle?
Meanwhile, PlutoChain ($PLUTO) could be a solution to Bitcoin's efficiency and transaction speed issues.
Here's what you need to know.
Can XRP Hit $15 By 2025 As Trump's Deterioration Boosts Market Confidence?
As of January 21, 2025, XRP is trading at $3.10, a 6 percent increase over the past 24 hours.
Over the past week, the cryptocurrency has risen by 19.6%, a year-on-year increase of an impressive 459%.
The 24-hour trading volume reached $14.92 billion, showing strong activity in the market. X
The market cap of RP currently stands at $178.44 billion, backed by a circulation of 57.56 billion tokens.
With a total supply of nearly 100 billion tokens, the fully diluted value (FDV) is estimated at $309.94 billion.
This results in a market copy to FDV ratio of 0.58, indicating that a significant amount of the total supply is already being distributed.
XRP's highest price to date was $3.40, recorded on January 7, 2018, making the current price 8.8% below that peak.
On the contrary, its lowest recorded value was $0.002686 on May 22, 2014, so it has had an extraordinary growth over the years.
Currently, the RSI is at 48, which means that XRP is in the neutral zone.
The crypto market is undergoing some big changes as Donald Trump returns to the presidency, especially for Ripple's XRP.
In December 2020, the SEC filed charges against Ripple Labs, alleging that XRP was illegally sold as an unregistered security.
In the year In July 2023, a federal judge ruled that XRP is not safe when sold to retail investors on exchanges, although sales to institutional investors are considered unregistered securities transactions.
The Trump administration has taken a pro-crypto stance and aims to reduce regulations and encourage innovation.
With figures like Paul Atkins known to support crypto, leading regulatory efforts, the environment of digital assets like XRP seems more suitable.
This change could help boost adoption and integrate cryptocurrencies into mainstream finance.
Cryptoball, an analyst at X, predicts that XRP will rise to $13 in the near future and surpass $20 during the current bull cycle. His prediction is based on the Elliott Wave theory, which predicts a sharp rise in prices after a crash.
Meanwhile, XBT Liquidators projects that XRP has reached a price range of $27-30 and based their analysis on high-gain fans, they suggest cyclical movements between key support and resistance levels.
PlutoChain ($PLUTO) could provide a major upgrade to Bitcoin with its speed, affordability and EVM compatibility.
Bitcoin often struggles with slow transactions, high fees, and network congestion. PlutoChain ($PLUTO) may offer a potential solution.
This innovative Layer-2 network can work with Bitcoin's blockchain and reduce congestion, reduce costs and increase elasticity.
Compared to faster blockchains like Ethereum and Solana, Bitcoin's 10-minute block times have long been a hindrance.
Using its Layer-2 technology, Plutochain offers only 2-second intervals. This fast speed enables smart contracts, DeFi operations and other advanced blockchain applications to run seamlessly.
With Ethereum Virtual Machine (EVM) compatibility, developers can easily migrate Ethereum-based projects to Bitcoin's secure infrastructure. This could increase Bitcoin's versatility and create new real-world use cases.
PlutoChain's testnet processes 43,200 transactions every day with zero latency, which means it's ready for real-world use.
Safety is a priority. The platform has successfully passed SolidProof, QuillAudits and Assure DeFi audits. It also performs regular code reviews and stress testing to ensure security and reliability for users.
PlutoChain's commitment to the community is equally impressive. A decentralized governance model allows users to vote on critical ideas, improvements and partnerships.
Final thoughts
Whether or not XRP reaches $15 will depend on continued regulatory support and widespread adoption, especially with Trump's regulatory efforts.
Market conditions, more positive decisions for Ripple, will play a key role in determining the direction of XRP.
On the other hand, PlutoChain ($PLUTO) could offer a game-changing solution to Bitcoin's efficiency issues.
With Layer-2 technology and EVM compatibility, Plutochain can position Bitcoin as a faster, more scalable and developer-friendly platform.
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Please remember that this article is informational only and not financial advice. Any and all cryptocurrencies are volatile, with prices subject to rapid changes. Always do your own research and consult a professional before joining any crypto venture. We are not responsible for any results based on the information in this article. Forward-looking statements involve risks and may not reflect updates.