Bitstamp, the world’s longest-running crypto exchange, has issued a bold, promising outlook for XRP as 2024 wraps up.
In a Friday tweet, the exchange boldly stated that XRP will make history in the crypto market by 2025. The tweet from Bitstamp quickly went viral in the crypto community, with the XRP Army cheering in support of the promising outlook.
Although Bitstamp did not explicitly specify the achievement it hopes XRP will attain by 2025, the most likely guess is related to its price. Aside from price, other milestones expected in 2025 related to XRP include the conclusion of Ripple’s lawsuit and the launch of ETFs.
XRP Historic Price by 2025
XRP has been trading below its all-time high for seven years. It last reached a peak value of $3.84 in January 2018 before tanking to $0.1151 by March 2020. This represented an astonishing loss of 97%, which occurred even before the XRP lawsuit.
Since this low of $0.1151, XRP has soared by 2,420% over the last four years to reach its most recent multi-year high of $2.90 on December 3, 2024. However, the value of XRP has retraced slightly and is now trading at $2.37. At this price, it is trading 38.69% below its all-time high.
Meanwhile, popular projections, like the latest one coming from Bitstamp, suggest that XRP will finally make history in 2025. For context, XRP only needs to rise by 62% to reclaim its 2018 all-time high of $3.84. Further gains would mark a new chapter for XRP, an event the XRP Army eagerly awaits.
Market commentators have offered multiple views on how high XRP could go by 2025. For some, a realistic all-time high for XRP is between $5 and $8, while for more optimistic analysts, double-digit values between $10 and $20 could be expected.
However, some ambitious analysts believe values above $100 are attainable, though such projections have been wisely dismissed as speculative and wishful thinking.
Caution for the XRP Army During XRP’s Historic Run
Commenting on Bitstamp’s projection, analyst JayDee expressed agreement that XRP will make history by 2025. However, he noted that the overwhelming majority of XRP holders may fail to capitalize on the promising market of 2025.
Specifically, he believes 95% of holders will get “rekt,” suggesting that those expecting overly ambitious prices for XRP by 2025 may be left holding the bag after the dust from the historic run settles.
Agreed….. then the 95% of the holders will get rekt in the end.. 🙏🙏
Till then, lets breakout making All Time Highs so we can take more profits!! 💪💪
— JD 🇵🇭 (@jaydee_757) December 20, 2024
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Source: https://thecryptobasic.com/2024/12/21/bitstamp-says-xrp-will-make-history-next-year/?utm_source=rss&utm_medium=rss&utm_campaign=bitstamp-says-xrp-will-make-history-next-year