Ripple’s XRP token climbed to an all-time high of $3.65 on July 18, 2025. The asset hit a new peak after more than seven years. XRP’s price has fallen by more than 13% since its recent high. XRP fans and investors have long pursued the $5 mark. There is a chance that the asset could breach the $5 target following today’s White House cryptocurrency recommendation report.
Will XRP Hit $5 Following The White House’s Crypto Report?
In its recommendation report, the Working Group asked the SEC and CFTC to bring about changes and pass legislation through Congress to have more regulatory clarity in the US. The SEC Chair, Paul Atkins, further shared his commitment to making the US a global leader in the cryptocurrency revolution. XRP could greatly benefit from the US administration’s pro-crypto stance.
There are 11 spot XRP ETF applications awaiting approval at the SEC. Given his recent statement, there is a very high chance that Atkins will push for more crypto-based ETFs in the US. An ETF approval will likely lead to a surge in institutional inflows into XRP. The SEC’s approval of 11 spot Bitcoin ETFs in 2024 has led to a substantial rise in institutional interest in the asset. An XRP ETF could mirror Bitcoin’s (BTC) rise to multiple new highs over the last year. Hitting the $5 mark may just be a matter of time.
Also Read: Highest Price Point XRP Could Reach by 2030
The crypto space has also seen a dramatic rise in stablecoin use. The stablecoin market is growing at an unprecedented rate and is expected to continue its upward trajectory. Ripple recently launched its dollar-pegged RLUSD stablecoin. An adoption surge of RLUSD could lead to more investors moving to XRP. As more people flock to the XRP Ledger, the asset could see a dramatic rise in value.