Despite the recent slide that plagued the digital asset sector before Christmas, a host of tokens are returning to form. One asset that has certainly bucked the trend is Ripple (XRP), as the asset has fallen below $2.2 but is still eyeing 100% gains just around the corner.
The token was a key part of the early surge that had propelled the sector. With the United States taking a massive turn toward embracing the asset class, XRP should be one of the biggest beneficiaries. Its ongoing legal battle with the US Securities and Exchange Commission (SEC) is likely to be a thing of the past, with the token poised for massive gains in 2025.
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Ripple Slides Christmas Week: Why 2025 Will Still See 100% Gains for XRP
There are a few arguments to be made against the impact that 2024 has had on the cryptocurrency sector. Throughout the year, the asset class has been thriving. In January, the US approved the first crypto-based ETF while propelling Bitcoin to a six-figure value for the first time in its history.
That was magnified in November with the election of Donald Trump. As the first pro-crypto president, it saw interest reach an all-time high. Despite a recent dip in December, there are high hopes for the asset class in 2025. That should be huge for Ripple, as the asset’s recent drop to $2.2 precedes a 100% surge that could be on the horizon for XRP.
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Over the last 30 days, Ripple is up more than 61%, according to CoinMarketCap. That may have reversed in the last seven days, with XRP dropping 4.69%. However, the cryptocurrency is still having an unforgettable year, up 248% from this time in 2023.
Yet, traders still have an impressive year ahead, according to many experts. According to cryptocurrency price prediction platform CoinCodex, XRP is poised to reach a price of $4 in 2025. Moreover, that should happen as early as March, when it will increase a remarkable 110% from its current position.