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Ripple CEO Celebrates Major Milestones as Experts Predict XRP to Reach $4

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By on February 1, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Ripple CEO Celebrates Major Milestones as Experts Predict XRP to Reach $4 appeared first on Coinpedia Fintech News

Ripple CEO Brad Garlinghouse just dropped a bombshell, revealing major milestones that could send XRP skyrocketing! From record-breaking XRP ETF filings to a booming decentralized exchange and a surging stablecoin, XRP’s Q4 2024 was one for the history books. Now, with top experts predicting a $4 target, the big question is—can XRP hold strong and explode even higher?

Ripple’s Quarter to Remember

Garlinghouse called the last quarter of 2024 “one for the XRP history books.” One of the key highlights was the filing of five XRP ETF applications by major financial firms in the U.S. This year, four more companies have followed suit, showing increasing confidence in XRP’s potential.

Suffice it to say – Q4 2024 was absolutely one for the XRP history books.

5 different firms filed for XRP-related ETPs in the US (plus 4 more this month ); $RLUSD launched, hitting a $100M market cap within a month; and on-chain XRPL DEX trading volume reached $1B in Q4!

More… https://t.co/X3m9Q1GHjH

— Brad Garlinghouse (@bgarlinghouse) January 31, 2025

Another significant achievement was the launch of Ripple’s USD-backed stablecoin, RLUSD, in December. The stablecoin has already crossed the $100 million market capitalization mark, proving its growing adoption. 

Additionally, Ripple’s decentralized exchange (XRPL DEX) recorded an on-chain trading volume of $1 billion in Q4, showcasing the growing activity within its ecosystem.

XRP’s Eyeing $4 Mark

The Ripple quarterly report also highlighted XRP’s remarkable 280% price increase in late 2024. This surge was driven by strong demand from top exchanges like Binance, Upbit Korea, and Coinbase. Despite a recent dip, with XRP trading at $3 and a 1% decline, experts remain bullish.

Market analyst Dark Defender has set a short-term target for XRP, emphasizing the importance of holding the 3.07 support level. 

As per Coinpedia’s report, veteran trader Peter Brandt has spotted a bullish pattern in XRP’s price chart. If the pattern plays out as predicted, XRP could skyrocket to as high as $4.8.

Also Read :   Will the U.S. Ever Create a Bitcoin Reserve? Fed Official Weighs In   ,

The SEC’s Changing Stance

The report also touched on the resignation of SEC Chairman Gary Gensler, who returned to MIT as a lecturer. Gensler’s tenure was marked by controversy, with critics arguing that his policies created confusion in the crypto space. 

His replacement, Acting Chairman Uyeda, has hinted at a more balanced approach, which could benefit Ripple and the broader crypto industry.

With strong momentum and growing institutional interest, XRP’s future looks promising. 

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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