- Price Surge: XRP doubled to $3.18 from $0.50, peaking at $3.30.
- Adoption Milestone: XRP Ledger surpasses 6.4 million wallet addresses, signaling long-term growth.
- $10 Target: Analyst predicts $10 potential, with key support around $2.80.
XRP has been turning heads globally, and for good reason. Over the past few months, its price has more than doubled—jumping from $0.50 in late 2024 to a staggering $3.18 in January 2025. It’s a meteoric rise that’s left traders buzzing.
With over 6.4 million wallet addresses now active and the XRP Ledger seeing unprecedented adoption, all eyes are on one burning question: can XRP climb to the elusive $10 mark?
XRP’s Parabolic Rally and Current Levels
The charts tell a wild story. XRP went on a rapid tear, soaring from $0.50 to a peak just above $3.30 early this year. That kind of parabolic rally screams strong demand, driving a surge in market activity. But, as the saying goes, what goes up must cool off (at least temporarily).
At press time, XRP was trading at $3.18—a slight retreat from its recent high of $3.30. While the pullback kept it just shy of its historic all-time high of $3.40 (from 2017–2018), the numbers still look strong.
Trading volume hit an impressive $8.23 billion over the past 24 hours, and with a circulating supply of 58 billion tokens, XRP now boasts a market cap of $183 billion. Despite a few weekly losses, the altcoin managed to climb by nearly 3% in the last 24 hours—a glimmer of hope for bulls watching closely.
Key Levels: Support, Demand, and Consolidation
XRP’s explosive rally also carved out some critical levels on the charts. The $1.50 zone acted as a major demand area during the initial surge, while the psychological level of $3 has emerged as strong support during the current consolidation phase.
On the technical side, the Relative Strength Index (RSI) shows that the market has cooled off a bit after hitting overbought levels. Right now, the RSI hovers between 50 and 60—indicating a balanced market that’s neither overheated nor undervalued. This equilibrium might pave the way for new price movements in the near term.
Adoption Boom: Over 6.4 Million Wallets
Behind the price action lies something even more telling: adoption. According to CryptoQuant, the total number of wallet addresses on the XRP Ledger has surpassed 6.4 million—a number that’s been steadily growing since 2014.
What’s remarkable is that even during times of price stagnation, the number of active addresses kept rising. This suggests not just short-term hype but deep, long-term confidence in XRP’s network and ecosystem fundamentals.
source: cryptoquant
The $10 Question: Can XRP Do It?
Everyone’s wondering: can XRP hit $10? According to popular analyst Michaël van de Poppe, it’s possible—but there’s a catch. He believes that for optimal buying opportunities, XRP’s price would need to dip below $2.80 first.
“When the volatility starts to pick up momentum,” Poppe said, “that’s the moment you zoom out to find the best entry points.”
To hit $10, XRP will need a mix of bullish market conditions, stronger adoption, and growing demand. While the climb won’t be easy, the memecoin’s recent rally and network resilience suggest it’s not out of reach.
XRP’s current price of $3.18 puts it tantalizingly close to its historic highs. With its growing ecosystem, surging adoption, and persistent interest from traders, the cryptocurrency seems poised for further growth. The road to $10 may be bumpy, but it’s a journey many in the crypto space are eager to follow.
