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coinpedia 2025-01-23 05:38:18

XRP News Today: Ripple Price Prediction Points to $15 Explosion in 2025 as Trump Deregulates

The post XRP News Today: Ripple Price Prediction Points to $15 Explosion in 2025 as Trump Deregulates appeared first on Coinpedia Fintech News XRP has been on an impressive rise, with its price reaching $3.10 as of January 21, 2025, following a 6% daily increase. This market optimism comes from a favorable shift in regulations under Donald Trump’s administration, which is actively reducing crypto restrictions. Trump’s pro-crypto stance, along with key figures like Paul Atkins supporting innovation, is boosting XRP’s potential for greater adoption. But can it reach $15 during this cycle? Meanwhile, PlutoChain ($PLUTO) could emerge as a potential solution for Bitcoin’s scalability and transaction speed issues. Here’s all you need to know. Can XRP Hit $15 in 2025 as Trump’s Deregulation Boosts Market Confidence? As of January 21, 2025, XRP trades at $3.10, reflecting a 6% rise over the past 24 hours. In the last week, the cryptocurrency has surged by 19.6%, while its year-on-year increase stands at an impressive 459%. The 24-hour trading volume has reached $14.92 billion, showcasing strong activity in the market. X RP’s market cap currently sits at $178.44 billion, supported by a circulating supply of 57.56 billion tokens. With a total supply nearing 100 billion tokens, the fully diluted valuation (FDV) is estimated at $309.94 billion. This results in a market cap to FDV ratio of 0.58, suggesting a significant amount of the total supply is already circulating. XRP’s highest price to date was $3.40, recorded on January 7, 2018, which places the current price just 8.8% below that peak. Conversely, its lowest recorded value was $0.002686 on May 22, 2014, so it’s had extraordinary growth over the years. Currently, the RSI is at 48, which means XRP is in the neutral zone. The crypto market is undergoing some big changes with Donald Trump’s return to the presidency, especially for Ripple’s XRP. Back in December 2020, the SEC filed a lawsuit against Ripple Labs, claiming XRP was sold illegally as an unregistered security. In July 2023, a federal judge ruled that XRP is not a security when sold to retail investors on exchanges, though sales to institutional investors were deemed unregistered securities transactions. Trump’s administration has taken a pro-crypto stance and aims to reduce regulations and encourage innovation. With figures like Paul Atkins, known for supporting crypto, leading regulatory efforts, the environment for digital assets like XRP looks more favorable. This shift could help boost adoption and further integrate cryptocurrencies into mainstream finance. CryptoBall , an analyst on X, forecasts that XRP could climb to $13 in the near future and exceed $20 during the current bull cycle. His prediction relies on Elliott Wave Theory, which points to substantial price increases following a breakout. Meanwhile, XBT Liquidators projects XRP reaching a price range of $27-$30 and base their analysis on high time frame Gann fans, which suggest cyclical movements between key support and resistance levels. PlutoChain ($PLUTO) Could Give Bitcoin a Big Upgrade with Speed, Affordability, and EVM Compatibility Bitcoin often struggles with slow transactions, high fees, and network congestion. PlutoChain ($PLUTO) could offer a potential solution. This innovative Layer-2 network could operate alongside Bitcoin’s blockchain and reduce congestion, cut costs, and enhance scalability. Bitcoin’s 10-minute block times have long been a drawback compared to faster chains like Ethereum and Solana. PlutoChain offers block times of just 2 seconds, using its Layer-2 technology. This rapid pace could allow seamless execution of smart contracts, DeFi operations, and other advanced blockchain applications. With Ethereum Virtual Machine (EVM) compatibility , developers could easily migrate Ethereum-based projects to Bitcoin’s secure infrastructure. This could boost Bitcoin’s versatility and create new real-world use cases. PlutoChain’s testnet processes 43,200 transactions daily without delays, which means it’s ready for real-world use. Security is a top priority. The platform has successfully passed audits from SolidProof , QuillAudits , and Assure DeFi . It also performs regular code reviews and stress tests to ensure safety and reliability for users. PlutoChain’s commitment to community is equally impressive. Its decentralized governance model allows users to vote on critical proposals, upgrades, and partnerships. Final Thoughts Whether XRP will reach $15 depends on continued regulatory support and widespread adoption, especially with Trump’s deregulation efforts. Market conditions, along with further positive rulings for Ripple, will play a key role in determining XRP’s trajectory. On the other hand, PlutoChain ($PLUTO) might offer a game-changing solution for Bitcoin’s scalability issues. With its Layer-2 technology and EVM compatibility, PlutoChain could position Bitcoin as a faster, more scalable, and developer-friendly platform. ———— Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.

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