🚀 XRP Soars to New Heights as Brad Garlinghouse Unveils ’Historic’ Milestone—Is $20 the Next Stop?

XRP just blasted off—again. Ripple CEO Brad Garlinghouse dropped a bombshell announcement today, calling it a 'historic' moment for the token. The market responded instantly, sending XRP prices into the stratosphere.

### The Brad Effect: More Than Just Hype?

Garlinghouse’s track record of moving markets is well-documented. This time, he’s teasing a development so big it could rewrite XRP’s lackluster 2023-24 performance. Traders aren’t waiting for details—FOMO is in full swing.

### $20 or Bust: The New Moonboy Target

With the current rally gaining steam, crypto Twitter’s favorite 'to-the-moon' crew has a fresh price target. Never mind that XRP hasn’t touched $5 since its 2018 ATH—this time is 'different' (until it isn’t).

### Banking on Chaos (Literally)

Ripple’s latest play comes as traditional finance scrambles to stay relevant. Watch those legacy banks clutch their pearls while Garlinghouse executes another regulatory judo flip—because nothing says 'financial revolution' like outmaneuvering slow-moving bureaucrats.

One thing’s certain: XRP holders are riding high. Whether this pumps to $20 or crashes harder than a crypto influencer’s credibility remains to be seen. Buckle up.

Key Insights:

• XRP price surges over 20% amid positive regulatory developments and market optimism.
• Ripple CEO Brad Garlinghouse hails the GENIUS Act as a “historic” moment for crypto.
• Analysts predict XRP price could reach $20 or more in the near future.

XRP price is the talk of the crypto market today, as evidenced by a robust surge of over 20% in its price. Notably, the crypto has soared past the $3.6 mark, indicating a sustained interest from global market participants.

Besides, the market Optimism was further buoyed by the recent comments from Ripple CEO Brad Garlinghouse and CLO Stuart Alderoty. In addition, the community members also remained bullish, betting on further upside for the crypto.

Amid this, renowned analysts have shared bold forecasts, predicting a potential surge of over $20. Notably, a flurry of market pundits’ eyes are focused on around 600% gains in XRP, evaluating the technical and historical trends.

XRP Price Jumps 20%: Rally to Sustain?

XRP price has skyrocketed more than 20.5% today to hit the $3.63 mark, nearing its all-time high of $3.84 recorded in January 2018 (as per CoinMarketCap data). Besides, its one-day trading volume also jumped 140% to $22.36 billion, reflecting the soaring trading activity in the market.

Notably, the 24-hour high of $3.65 also marks the highest level since 2018. Besides, the on-chain data also suggests a positive momentum in the market. CoinGlass data showed that XRP Futures Open Interest ROSE more than 27% to a record $11.1 billion.

Meanwhile, some analysts have warned of short-term woes, as the latest rally might help some investors to book profits. Considering a weekly surge of 40% and a monthly rally of 67%, some traders might offload some of their holdings for profits.

However, the experts have deemed that as a healthy trading strategy. Besides, it might also attract more traders to enter the market at a lower price.

Moreover, the optimism was further boosted as Ripple CEO Brad Garlinghouse has recently lauded the regulatory developments in the US as a “historic” moment.

Ripple CEO Brad Garlinghouse Lauds Regulatory Advancements

The excitement in the crypto market peaked as the House of Representatives passed the US stablecoins legislation, the GENIUS Act, with a 308-222 vote. It is now awaiting a signature from President Donald Trump.

Notably, Ripple CEO Brad Garlinghouse hails the recent regulatory developments in the US as a “historic” moment. Garlinghouse expressed his enthusiasm, stating that the last major financial regulation bill was passed 15 years ago in response to the 2008 financial crisis.

In addition, he noted that the GENIUS Act cements the US’s future as a leader in innovative financial technology, particularly stablecoins. Ripple CLO Stuart Alderoty echoed a similar sentiment, noting that the GENIUS Act’s passage and the CLARITY Act’s progress in the Senate will foster innovation and protect consumers.

The positive regulatory development has sparked optimism in the crypto community. As the US establishes clearer frameworks for crypto and stablecoins, the investors appear to be regaining confidence.

Considering that, it might help the cryptocurrencies to continue their rally ahead, let alone the XRP price.

Analyst Eyes XRP Price Rally to $20

Amid the ongoing rally, top market experts have predicted a potential breakout in XRP soon. In a recent X post, analyst Ali Martinez has highlighted an MVRV ratio flashing a golden cross for Ripple coin.

Sharing the chart, Martinez noted that the last time the signal appeared, the crypto has rallied more than 630%.

Although historical performance doesn’t guarantee future trading, but if it happens, xrp price could potentially breach the $20 mark.

Echoing a similar sentiment, analyst STEPH IS CRYPTO also predicted a robust breakout ahead for the asset. His projection is also backed by the historical performance of the coin.

Having said that, it appears that XRP price has room for more gains in the coming days. Although there could be short-term pullbacks, the analysts have remained bullish on the long-term trajectory of the coin.