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Could XRP Reach $5 in 2025?
Here's what needs to happen for XRP to double in price this year.
There's arguably no hotter cryptocurrency on the planet right now than XRP (CRYPTO: XRP). It's now up more than 140% during the past three months, and shows no signs of stopping anytime soon. In 2025, it's already up 14%, making it the top-performing major cryptocurrency.
But does XRP have enough gas in the tank to reach $5 in 2025? Given its current price of about $2.65, it would require XRP to almost double in price within a relatively short period of time. It's not impossible, but here are three things that would need to happen.
The company that created the XRP crypto token is Ripple, a San Francisco-based blockchain technology company. Unfortunately, for more than four years, Ripple has been locked in an epic court battle with the Securities and Exchange Commission. In December 2020, the SEC claimed that XRP was a security and that company sales of it violated securities laws. Ever since, there have been dark regulatory clouds hanging over XRP.
