TL;DR
- There’s a peculiar breeze in the cryptocurrency world, as bitcoin has broken free from its chains, soared to new heights, and dragged the entire market along for the ride.
- Ripple’s cross-border token, XRP, is one of the biggest beneficiaries of this wild rally, surging past $3 and nearly touching its all-time high of $3.4. But can it finally make it this time?
The Rise
Just take a gander at the graph above, which tells a tale of XRP’s magnificent ascent. The poor thing had dipped below $2 at the end of June, during the gloomy days of the Israel-Iran conflict. But fear not, for it quickly bounced back to the cozy range of $2.2 to $2.3, where it had been snuggling for the past few months.
Fast-forward to last Wednesday, and the scene was rather dull and, dare I say, boring. XRP was stuck in its little box, with no signs of a grand escape, despite some grandiose predictions.
But then, the cryptocurrency market was jolted back to life, led by the mighty BTC, which surged by a whopping $15,000 to a new all-time high of over $123,000. XRP, not one to be left behind, followed suit and even outshone its big brother, bitcoin.
The largest cryptocurrency is up by a modest 6.7% weekly, while the third-biggest has rocketed up by 33%. Earlier today, XRP leaped to $3.25, a mere 4.5% away from its January 2018 peak of $3.4 (according to CoinGecko). To put things into perspective, XRP has gained over 70% since its June low (less than a month ago).
Can There Be New ATH?
Impressive as it is, this isn’t the first time XRP has shown its magic. Remember when it rallied hard in late 2024 and early 2025, culminating in January when it matched its all-time high of $3.4? Alas, it couldn’t quite break through the ceiling, much to the disappointment of its loyal followers.
it’s going to be a wild ride! 🎢🚀
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2025-07-17 14:04