
Ethereum and XRP Signal Breakout amid Crypto Wallet Growth
The confidence of HODLers in crypto remains the key driving force. Here’s how the Bitcoin, Ethereum, and XRP price trend will shape in 2025 based on the change in non-empty wallets.
The confidence of HODLers in crypto remains the key driving force. Here’s how the Bitcoin, Ethereum, and XRP price trend will shape in 2025 based on the change in non-empty wallets.
Analysts predict a 40% surge in XRP prices with the resumption of Donald Trump’s presidency, as they anticipate a favorable shift in crypto regulations.
Technical indicators and market analysis suggest XRP could reach $15 target based on bullish flag pattern formation and surging trading activity.
Newer trends suggest a 100% chance of XRP ETF approval by the end of Q1 2025, driven by pro-crypto changes under new SEC leadership led by Paul Atkins.
XRP price rises nearly 15% to $2.44, reclaiming third position in cryptocurrency rankings as whale activity and institutional interest drive market momentum.
It is interesting to note that the current market situation has still not been able to change the optimistic minds of some experts.
Despite recent selling pressure due to market turbulence, analyst Egrag Crypto predicts a potential rally to $27 for XRP, citing historical patterns.
Independent Reserve has made history as the first exchange in Singapore to list Ripple’s RLUSD, offering trading pairs in SGD and USD.
Stuart Alderoty has urged the incoming Trump administration to resolve the SEC’s lawsuit against Ripple, while XRP holds steady at $2.21 support level.
Cardano’s Charles Hoskinson is cozying up to Ripple Labs in a likely push for partnership.
Ripple’s RLUSD stablecoin is now listed on global crypto exchanges. It aims to challenge dominant players like Tether’s USDT and Circle’s USDC.
With the planned debut of RLUSD on Tuesday and Bitcoin breaking above the $107K price level for the first time, XRP skyrocketed to $2.60 resistance and eyes $4.
RLUSD has sparked intense early demand with bids far exceeding its peg, while XRP gained 5% as excitement builds around the launch.
Unlike other stablecoins, Ripple promises monthly attestations of RLUSD’s reserve to is improve transparency within the crypto market.
Ripple’s CTO David Schwartz cautioned investors about potential volatility and a “supply shortage” following the launch of RLUSD.