XRP’s Potential Surge to $120: Analyzing the Next Bull Cycle
Analyst Egrag predicts XRP could replicate its 2017 bull run, targeting $27 initially and potentially climbing to $120. Currently in "Wave 3" of its cycle, XRP is expected to reach double-digit prices by summer 2025, followed by a three-year "Wave 4" phase that may propel it into triple-digit territory. Investors remain optimistic about XRP’s long-term growth, citing its strong fundamentals and historical performance.
XRP’s Road to $120: Can the Next Cycle Match 2017’s Explosive Growth?
XRP could mirror its 2017 bull run, with analyst Egrag forecasting a surge to $27 followed by a potential climb to $120. The cryptocurrency is currently in "Wave 3" of its cycle, expected to conclude this summer with double-digit prices. The subsequent "Wave 4" phase may span three years, potentially propelling XRP into triple-digit territory.
Investors remain optimistic about XRP’s long-term prospects, citing its fundamental development stage and historical performance. market fluctuations are anticipated as part of the cyclical nature of cryptocurrency valuations, with XRP’s trajectory drawing comparisons to its previous explosive growth period.
CME Group to Launch XRP Futures in May
CME Group, the global derivatives marketplace, is expanding its cryptocurrency offerings with the introduction of XRP futures. The contracts, set to launch on May 19 pending regulatory approval, will come in two sizes: 2,500 XRP and 50,000 XRP. Both will be cash-settled, with pricing tied to the CME CF XRP-Dollar reference rate.
The move reflects growing institutional demand for diversified crypto derivatives. XRP’s inclusion signals continued maturation of the digital asset market, as traditional finance players adapt to investor appetite for alternative exposures.
Scam Alert: Bithumb Actively Monitoring SK Telecom Hacker Malware
South Korea’s cryptocurrency exchange Bithumb has heightened security measures following a major data breach at SK Telecom, one of the country’s top telecommunications providers. The breach, detected on April 19, 2025, exposed USIM-related data for 34 million users, raising fears of SIM-swapping attacks targeting crypto wallets.
Bithumb’s proactive monitoring comes as the exchange prepares for its public listing, underscoring the growing intersection between traditional telecom security and digital asset protection. The incident highlights persistent vulnerabilities in the crypto ecosystem, particularly around identity verification systems tied to mobile networks.
Separately, CME Group announced plans to launch XRP futures, signaling continued institutional interest in cryptocurrency derivatives despite security concerns in retail markets.
XRP Wallets Spike, Futures Surge, and SEC Shake-Up Fuels Bullish Momentum
XRP Ledger activity surged 67.5% between April 19-20 as Coinbase prepares to launch XRP futures, signaling heightened retail and institutional interest. The uptick coincides with pivotal legal developments for Ripple, including leadership changes at the SEC that may impact the ongoing case.
Crypto lawyer Bill Morgan noted the correlation between rising active addresses and impending derivatives trading. "Surge in active XRP addresses immediately before XRP futures going live," he observed, suggesting market participants are positioning for volatility.
