In the past 30 days, XRP's price has significantly risen, attracting widespread interest in the cryptocurrency. Key analysts anticipate further growth amid important developments.
XRP Price Surge Amid Market Trends
In the last 30 days, XRP's price has surged by an impressive 67.2%, making it one of the leading cryptocurrencies in the market. While Bitcoin has risen only 14.4%, Ethereum by 62.1%, XRP significantly outperformed competitors like Solana (45.5%), BNB (19.5%), and Cardano (58.3%). Over the past week, XRP jumped another 21%, reaching $3.47.
Potential Resistance Breakout for XRP/BTC
As of now, the XRP/BTC pair is trading at 0.00002952 BTC. According to renowned crypto trader Gordon, the pair is on the verge of breaking through a key resistance level that has held for eight years. At the beginning of this month, XRP/BTC was at 0.00002052 BTC, and since then it has climbed a staggering 43.63%. Gordon describes this moment as a "rare, generational wealth opportunity," hinting at a possible long-term rally for XRP price.
Future Prospects for XRP and ETF Approval
While several XRP ETFs based on futures are already launched in the U.S., the market is still waiting for the SEC to approve a spot XRP ETF. Following the resolution of the SEC vs. Ripple lawsuit, the approval of a spot ETF could serve as a powerful catalyst that drives the XRP price even higher. Interestingly, the current rally is unfolding without this major trigger, indicating strong organic demand.
With the SEC lawsuit settled, rising institutional interest, and Ripple’s expanding cross-border payment adoption, XRP price outlook remains promising. Many analysts, including Gordon, believe XRP could hit $10 or more by 2025.
