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XRP’s Potential Surge to $4.50: Analyzing the Recent Rally and Future Prospects

XRP’s Potential Surge to $4.50: Analyzing the Recent Rally and Future Prospects

Author:
XRP News
Published:
2025-04-23 10:40:57
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Ripple’s XRP token has shown significant volatility in 2025, with a notable rally earlier in the year pushing its price above $3 for the first time in nearly seven years. This surge was largely attributed to a pro-crypto administration coming into power in the US, sparking Optimism among investors. Despite a subsequent price dip since January, XRP has maintained gains across various time frames, including an 11.1% increase over 14 days and an impressive 293.9% surge since April 2024. Analysts are now eyeing a potential target of $4.50, driven by bullish factors such as regulatory clarity, institutional adoption, and broader market trends. This article delves into the key developments behind XRP’s recent performance and explores its future prospects in the evolving cryptocurrency landscape.

Ripple’s XRP: Potential to Reach $4.50

Ripple’s XRP token experienced an explosive rally earlier this year, breaching the $3 mark for the first time in nearly seven years. This surge was likely due to a pro-crypto administration taking power in the US. Since January, XRP has faced a substantial price dip but has maintained some gains in other time frames, with an 11.1% increase in the 14-day charts and a 293.9% surge since April 2024. The asset’s recent climb has been attributed to several bullish factors, including the SEC dropping its litigation against Ripple in March, which was one of the main reasons for XRP’s lackluster performance over the last few years.

XRP Demand Falls to 5-Month Low, Price Holds Above $2

Demand for XRP has hit a 5-month low, with new addresses associated with the cryptocurrency declining. This suggests a lack of new investor interest, which could make it challenging for XRP to maintain its price above $2. The overall macro momentum for XRP remains weak, indicating potential stagnation unless there is a shift in demand.

CTF Token Consolidates Amid Market Anticipation

CTF Token, a decentralized finance asset on the XRP Ledger, is currently consolidating after experiencing a significant price rally. CTF/XRP is trading with resistance at 0.15 and support above 0.13, while CTF/USDT is flat near $0.60. Traders are awaiting a breakout, and the upcoming token burn on May 3, along with institutional moves, may trigger price volatility. The asset recently surged from $0.30 to $748.50, reaching a market capitalization of $20 billion. Additionally, Deutsche Bank and Standard Chartered Bank have announced plans to launch crypto operations in the U.S., which coincides with major developments from CTF Token.

Crypto Analyst Claims ’XRP Is Dead’ Narrative Is False

Crypto analyst 589Bull asserts that the narrative ’XRP is dead’ is a lie. According to the analyst, XRP is being embedded in the next financial system, with Ripple building the infrastructure and digitizing liquidity using XRP. Retail investors are advised not to chase hype or beg for dates, emphasizing that the key is not timing but understanding the long-term potential of XRP in the financial system.

XRP Surpasses Ethereum in Fully Diluted Market Capitalization

Ripple’s XRP has officially surpassed Ethereum in fully diluted market capitalization (FDMC), highlighting strong projected value despite a lower circulating market cap. Over the past six months, XRP has maintained steady growth, quietly closing the gap with ETH. While Ethereum still holds a commanding lead in circulating market cap, XRP’s FDMC edge could signal a longer-term challenge to ETH’s dominance among altcoins. According to crypto analyst Edward Farina, XRP has flipped ETH in FDMC, indicating a potential shift in the altcoin hierarchy.

XRP Ledger Foundation Confirms SDK Breach

The XRP Ledger Foundation has confirmed a breach in its SDK, which was compromised by sophisticated attackers who added a backdoor to steal cryptocurrency private keys. The vulnerability was first identified on April 21st, after an alert of five new packages added to the XRPL package. Given the package’s average of 140,000 weekly downloads and use by thousands of websites and applications, this incident could have been a disastrous supply chain attack for the crypto industry. The foundation has issued an urgent fix to address the issue.

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