XRP hit an all-time high of $3.33 on August 13, 2025, following the Ripple-SEC settlement, garnering significant investor attention.
Market Impact
The rise in XRP's price significantly affected overall market sentiment. However, major cryptocurrencies like BTC and ETH remained stable with no major fluctuations, amid increased institutional interest in XRP.
Subsequent Reactions
Immediately after hitting the $3.33 peak, trading volume exceeded the average monthly levels by more than double. However, a quick profit-taking ensued soon after, leading to a price decline.
Future of Ripple and XRP
Some experts believe XRP could see scalable growth in the future due to increasing interest from major institutions. 'XRP has successfully broken above an extensive resistance channel and is now eyeing double-digit targets,' noted veteran trader Peter Brandt.
The Ripple-SEC agreement has brought significant changes for XRP, opening new opportunities for institutional investors and positively impacting the market overall.