XRP is now trading at $2.94, up more than 50,000% since its early days, and showing a parabolic breakout not seen since the 2017–2018 bull run.
According to CoinMarketCap data, XRP’s market cap has reached $174.93 billion, securing the #3 spot among all cryptocurrencies. Trading volume in the last 24 hours surged nearly 29%, reflecting growing retail and institutional participation.
This latest rally builds on multiple bullish drivers—ongoing ETF speculation, Ripple’s steady wins in court, and increased adoption for cross-border transactions. Notably, XRP has now outperformed its August price history by a wide margin, nearly quadrupling its August 2021 local high of $1.09 and soaring over 300% compared to August 2024’s $0.72.
August trends confirm seasonal strength
A historical analysis of XRP’s August price trends (2017–2024) reveals a pattern of late-summer strength, especially during bull-market periods. Key years such as 2018, 2021, and 2023 all marked noticeable gains during this time. In August 2021, XRP hit $1.09, followed by steady retracements—but even during the 2022 bear cycle, the token maintained a floor around $0.34.
Now in 2025, XRP has broken above multi-year resistance zones, flipping them into strong support. According to DeepSeek’s internal models, price discovery could extend toward the psychological $3.50–$4.00 band if volume persists and broader market momentum continues.
What’s next for XRP?
The $2.94 level, while technically overheated on some momentum indicators, is not signaling an immediate top. If XRP maintains a close above $2.80 on the weekly timeframe, analysts suggest a clean path toward $3.75, aligning with Fibonacci extension levels from previous cycles.
From a macro perspective, XRP’s valuation is also supported by improved regulatory clarity and growing attention from traditional finance. With the SEC’s legal approach cooling and new international remittance corridors opening up through RippleNet, the fundamental case for XRP remains strong.
Conclusion
XRP’s August 2025 breakout is a historic move that validates its long-term support base and strengthens its role in the evolving crypto-finance landscape. If this momentum holds, DeepSeek’s projection of $3.50–$4.00 by late August may be well within reach.
Editorial Team
Reporter at Coindoo
Source: https://coindoo.com/deepseek-xrp-price-prediction-august-2025/