Ripple (XRP) had an extraordinary 2024, marked by significant victories against the U.S. Securities and Exchange Commission (SEC) and the removal of Gary Gensler as SEC chair. These developments revitalized investor confidence in Ripple, reshaping its market trajectory.
With Donald Trump back in the political arena and Paul Atkins as the new SEC chair, market optimism is running high. But will XRP reach the $3 mark in mid-January 2025? Let’s delve into the factors influencing this prediction.
Ripple’s 2024 Successes
Victory Against the SEC
Ripple’s court win against the SEC established XRP as a legitimate digital asset, removing the regulatory uncertainty that had stifled its growth. This outcome created a strong foundation for future adoption and market performance.
Leadership Changes at the SEC
The appointment of Paul Atkins as SEC chair introduced a more crypto-friendly regulatory environment, replacing the restrictive policies under Gary Gensler.
This shift is fueling optimism about possible ETF approvals for XRP, which could significantly boost its market value.
The “Trump Effect” on Crypto
Ripple CEO Brad Garlinghouse highlighted how Trump’s return to the presidency could positively influence the crypto industry. Dubbed the “Trump bull market,” this phenomenon is tied to the following factors:
- Pro-Innovation Leadership: Trump’s team includes notable figures like Scott Bessent and David Sacks, signaling a focus on innovation and job growth.
- Regulatory Reforms: Expectations of a streamlined regulatory framework that supports crypto adoption and investment.
- Market Optimism: Renewed confidence among investors in the U.S. crypto market.
Garlinghouse has stated that this environment allows Ripple
to expand its business operations, innovate, and create jobs, opportunities that were previously limited due to regulatory hurdles.
XRP’s Predicted Price Path
Mid-January 2025
According to CoinCodex, XRP is forecasted to reach $2.39 by February 5, 2025, reflecting a slight 2% dip in January. Despite this minor pullback, the token maintains a bullish sentiment, supported by a Fear & Greed Index score of 72 (Greed) and consistent market activity.
April 2025 and Beyond
The real surge is anticipated by April 2025, when XRP could rise by 63.10%, crossing the $3.96 mark. This growth is likely to be driven by:
- The approval of an XRP-based ETF.
- Increased adoption stemming from regulatory clarity.
- The broader impact of a crypto-friendly administration under Trump.
Key Indicators
| Metric | Current Value |
|---|---|
| Current Price (Jan) | $2.39 (Predicted by Feb 5) |
| Market Sentiment | Bullish |
| Fear & Greed Index | 72 (Greed) |
| Volatility | 5.71% (Last 30 Days) |
| Green Days (Last 30) | 16/30 (53%) |
Will XRP Hit $3 in January?
While XRP may not reach $3 in mid-January, its long-term trajectory suggests steady growth. Factors like ETF approval, the Trump effect, and Ripple’s business expansion signal strong potential for the token to break the $3 mark by April 2025.
Investors bullish on XRP’s future may view this period as a strategic time to accumulate.
As market dynamics evolve, Ripple’s alignment with a pro-crypto administration could redefine its role in the digital asset space, making $3 a realistic milestone in the coming months.
