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XRP ‘doubles down’ on its price, but is $10 really within reach?

2min Read

XRP has been one of 2025’s top gainers, but can it get better from here?

XRP 'doubles down' on its price, but is $10 really within reach?

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  • XRP adoption saw an uptick as wallet addresses surpassed 6.4 million, fueling long-term confidence in the ecosystem
  • Analysts say $10 is possible, but optimal re-entry points lie below $2.80

XRP has been attracting global attention lately, thanks to the fact that its price doubled in recent months. In fact, the altcoin rose from $0.50 in late 2024 to $3.18 in January 2025. 

With total wallet addresses surpassing 6.4 million and in light of XRP Ledger’s rising adoption, traders are now closely watching whether the cryptocurrency can hit $10 or not. 

XRP’s rally and price levels

XRP recorded a rapid rally on the charts, climbing from a low of $0.50 in late 2024 to a peak above $3.30 by early 2025. This parabolic hike was a sign of strong demand, entailing a resurgence in market activity. However, XRP failed to sustain its momentum to hit a new all-time high of $3.40. In fact, the altcoin had retreated to a price of $3.18 at press time.

Trading volume over the last 24 hours hit $8.23 billion too, while the circulating supply of 58 billion XRP gave it a market cap of $183 billion. 

Worth noting, however, that despite the altcoin’s weekly losses, the crypto climbed by almost 3% in the last 24 hours. 

Key support and demand zones

XRP’s price rally identified critical levels of support and demand. A significant demand zone near $1.50 fueled the initial rally, and a psychological level of $3 emerged as a key support during the prevailing consolidation phase.

Source: X

Technical indicators, such as the Relative Strength Index (RSI), suggested that the market cooled down from its recent seen overbought levels. In fact, at the time of writing, the RSI was hovering between 50 and 60 – A sign that the market was neither overbought nor oversold.

This is likely to fuel opportunities for further price movement on the charts.

XRP Ledger adoption surpasses 6.4M addresses

According to data from CryptoQuant, total wallet addresses on the XRP Ledger exceeded 6.4 million. This steady growth has persisted since 2014 – A sign of increasing adoption and long-term confidence in the network. 

Even during periods of price stagnation, the number of addresses consistently grew, signaling robust network fundamentals.

Source: CryptoQuant

XRP’s press time price of $3.18 seemed to be in line with its historic all-time high from 2017-2018, when the cryptocurrency previously hit $3.40.

The sustained uptick in adoption highlights the XRP Ledger’s resilience and the broader community’s trust in its ecosystem.

Can XRP hit $10?

Popular analyst Michaël van de Poppe believes XRP could hit $10. However, he thinks that for optimal entry points, the price would need to drop below $2.80. Citing the altcoin’s recent bout of appreciation which doubled its value, Poppe claimed,

“When the volatility starts to pick up momentum, that’s the moment you’ll zoom out to get the best entry points.”

While hitting $10 would require further bullish momentum and favorable market conditions, a combination of increasing adoption, growing demand, and traders’ interest keeps the possibility open.

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Olivia Stephanie is a FinTech enthusiast with a keen understanding of financial markets. Her passion for economics and finance has led her to explore emerging blockchain technology and cryptocurrency markets.
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