XRP: From Being Left Behind to a Strong Comeback Star

For many years, XRP was considered one of the worst-performing cryptocurrencies in the market. However, since the end of 2023, XRP has made a remarkable comeback, becoming one of the most notable revival stories in the crypto world. With an increase of over 415% in a year, XRP is witnessing a strong wave of investment thanks to a series of positive factors continuously emerging. Legal Victory Paves the Way for Growth The first major turning point occurred on July 13, 2023, when Judge Analisa Torres of the U.S. District Court ruled that XRP traded on secondary exchanges does not constitute a security. This marks a significant victory for Ripple, the company behind XRP, in the legal battle that has been ongoing since December 2020 with the U.S. Securities and Exchange Commission (SEC). Following this ruling, a number of major exchanges rushed to relist XRP for U.S. investors, causing the token's price to surge. However, the initial uptrend could not be sustained for long because the SEC decided to appeal. XRP once again faced downward pressure until Donald Trump was re-elected as President of the United States in November 2024. With his commitments to support the digital asset industry, Trump brought hope that the SEC would end the battle with Ripple. Indeed, by March 2025, the SEC officially withdrew its appeal — a comprehensive victory for Ripple and the XRP community. Support from Bitcoin and the Wave of Institutional Investment The impressive recovery of Bitcoin surpassing the $100,000 mark has led to a boom in the entire digital asset market. XRP is also part of this trend, attracting significant interest from institutional investors, especially because XRP has many practical applications in international money transfers and has established partnerships with several banks. The price of XRP has surged strongly, surpassing key levels of $1, $2, and even maintaining above $3 in the last two weeks of January 2025. Although there was a subsequent adjustment due to profit-taking and tensions related to tariffs in April, the price of XRP only dropped to around $1.75 before bouncing back. Over the past month, XRP has increased by 48%. ETF Spot XRP: Next Growth Driver? Currently, the expectation for a spot ETF ( for XRP is becoming clearer. According to forecasts from Polymarket, the probability of the XRP ETF being approved in 2025 is currently at 86%. The impact from the Trump administration and the passage of the GENIUS Act has given investors more confidence in the direction of the digital asset market. President Trump not only signed an executive order on the digital asset market but also announced plans to establish a "strategic reserve of Bitcoin," including Ethereum and XRP. Notably, there are reports that BlackRock is pressuring the SEC to approve the XRP ETF — a move that could drive the price of this token to new heights. Upgrade Ripple's Technology and DeFi Ambition In addition to macro factors, Ripple is also continuously upgrading the XRP Ledger )XRPL( ecosystem with the aim of becoming the leading DeFi platform. In November 2024, Ripple announced 8 notable improvements: Multi-Purpose Tokens )MPTs(: Provides flexibility for token issuing organizations to use in DeFi. Credential Checks: Supports automatic payment approval based on identity stored on-chain. Clawback Support: Allows the recovery of issued tokens in liquidity pools — enhancing safety for AMM. In addition, XRPL also plans to develop decentralized identification standards )DID(, access-controlled decentralized exchanges )Permissioned DEX(, and private platforms for financial institutions. In June, Ripple continued to implement 7 new improvements such as: TokenEscrow: Create escrow contracts for IOUs and stablecoins. Batch Transactions: Batch up to 8 transactions at the same time — great for complex transactions. Permissioned DEX: User access control for DEX exchanges to ensure KYC compliance. There are also improvements in AMM, NFTs, relay logic, and network processing capabilities. In particular, the XRPL EVM sidechain officially went live on June 30, opening the door for Ethereum-compatible smart contracts to run on the XRP ecosystem. Trading Strategy: Buy or Sell XRP at the $3 Range? At the present time, XRP is in a correction phase from its 52-week high of $3.657 and is currently fluctuating around $3. This is considered a very strong support level, with the next support being the $2.87 ) 20-day moving average (. If the price drops below $3, this area could become short-term resistance. At that point, investors should wait for the price to stabilize around $2.87 before re-entering a buy order. Conversely, if XRP can break through the important resistance levels at $3.23, $3.34, and $3.46, while holding above those levels without being rejected, the likelihood of conquering the $4 level is very high. In the most positive scenario — the altcoin market enters a strong bull season and the XRP ETF is approved — the price could reach $5. Conclusion XRP is no longer a neglected name in the world of cryptocurrency. With a series of legal victories, policy support, ETF prospects, breakthrough technological upgrades, and high practical applications in the banking sector, XRP is gradually asserting its position as a strategic asset in the investment portfolios of both individual and institutional investors.