Going through Bitcoin searches on Google Trends, XRP’s rally is around $3
XRP (XRP) price reaches $3 for the first time since 2018, as the altcoin continues to lead the markets in 2025. The crypto asset has increased 41% in the last 15 days, leading the top 10 cryptocurrency list.
XRP 1-Month Chart. Source: Cointelegraph/TradingView
XRP is currently only 12.9% below its previous high of $3.40, and the broader markets are expecting a period of price discovery in the next few weeks.
XRP overtakes Bitcoin on Google Trends
The price of XRP and its owners have shown resistance over the past few weeks. Altcoins saw minor corrections as majors like Bitcoin (BTC) and Ether (ETH) fell sharply on the charts.
XRP, BTC demand over time. Source: Google Trends
Data from Google Trends also highlighted that worldwide Google searches for XRP beat BTC by 15% in January. Last year, XRP led BTC in search volumes twice, with the altcoin leading the way as the top crypto asset in November 2024.
Cointelegraph also reports that the XRP/BTC chart has breached 8-year bearish resistance, indicating that the altcoin will continue to build strength against Bitcoin.
The total number of XRP holders will increase to 58,000 in 2025, showing the strong hoarding mentality of the “XRP army”.
RELATED: XRP Breaks 8-Year Downtrend Against Bitcoin as Price Targets $14
XRP rally led by spot investors says analyst
In the year Future open interest (OI) in major assets such as Bitcoin and Ethereum hit new all-time highs in 2024, underscoring the importance of derivatives markets during the bull run. However, XRP's recent rally has been largely driven by spot investors.
XRP/USD 1-Hour Chart. Source: X/DOM
As noted in the chart, Dom, an order flow analyst, said XRP's test of $3 was entirely driven by the interest of placeholders. The analyst noted that XRP's funding rate and spot buying premium have not increased significantly during XRP's 15% weekly returns. Dom said.
“If I see this in $BTC, I'd say we're simply going up.”
Meanwhile, the community suggested that XRP could overtake Ethereum with another 2.5X return if both assets continue to move at the same rate.
In fact, Jett, co-founder of Sovrun, said there is “no reason” to hold ETH more than $XRP. While the former has better “fundamentals” as the first pro-crypto US government prepares to take over the White House on January 20, XRP is backed by positive regulatory streaks.
Related: How High Can XRP Price Go?
This article is not intended for general information purposes and should not be construed as legal or investment advice. The views, ideas and opinions expressed herein are solely those of the author and do not necessarily represent the views and opinions of Cointelegraph.
