XRP News Today: $20 XRP in 2025? Analysts See Bullish Signals Post Legal Settlements
The post XRP News Today: $20 XRP in 2025? Analysts See Bullish Signals Post Legal Settlements appeared on BitcoinEthereumNews.com.
XRP has surged past the $3 mark after a landmark court ruling partially favored Ripple in its ongoing battle with the SEC. Despite the legal drama, Ripple continues to expand its global reach and forge new partnerships to boost XRP’s utility in the financial world. Could this momentum propel XRP to $20 in 2025? We’ll check out the technicals. Meanwhile, PlutoChain ($PLUTO) could emerge as a potential L2 upgrade for Bitcoin, with the potential to enhance its speed and functionality. Let’s look at the deets. Can Ripple Settlement Help XRP Reach $20 in 2025? XRP is currently trading at $3.08, with a market cap of $177 billion. The 24-hour trading volume is $7.55 billion, and the circulating supply is 57.56 billion. The fully diluted valuation is $308 billion. XRP’s all-time high (ATH) was $3.40, which is 10.6% higher than its current price. XRP’s current support levels are around $3.00, while resistance levels are situated near $3.15 and $3.20. The RSI is at 50 right now, which puts XRP in neutral territory. While the SEC’s recent appeal of the court ruling on XRP has injected uncertainty into the market, Ripple continues its global expansion. This is evident in their new partnerships and focuses on the On-Demand Liquidity (ODL) product, particularly in Asia and the Middle East, facilitating cross-border payments. Despite this regulatory challenge, XRP adoption is growing, with financial institutions and payment providers increasingly utilizing it for cross-border transactions. This increased usage is further strengthened by Ripple’s engagement with central banks and governments worldwide on Central Bank Digital Currencies (CBDCs), which could position XRP as a key player in the future of cross-border payments. Furthermore, Ripple’s recent launch of the US dollar-pegged stablecoin RLUSD and its pursuit of an IPO demonstrates a commitment to innovation and could attract more users to…
Filed under: News - @ February 8, 2025 11:13 am