XRP has emerged as a key focus in the cryptocurrency market, experiencing a significant surge following major geopolitical shifts. The digital asset jumped from around $1.80 to $2.04 within a single hour, marking a 13% increase and a 10% gain over 24 hours. This surge brought XRP’s trading volume to $8.07 billion, pushing its market capitalization beyond $118 billion.
The spike comes on the heels of U.S. President Donald Trump’s unexpected announcement on April 9, 2025, that he would pause tariffs on all nations for 90 days. These tariffs, commonly referred to as “Trump tariffs,” had been exerting downward pressure on global markets, and the tariff relief provided a boost to investor sentiment across sectors, including cryptocurrency.
Although the tariff pause has brightened the outlook for XRP’s price, experts caution that factors such as ongoing litigation, market trends, and institutional demand will play crucial roles in determining whether XRP can achieve $3 in the short term. While some analysts believe that XRP could reach $2.50 to $3.00 by the end of April, a rapid rally from $2.04 to $3.00 this week would require a sharp surge in momentum.
Speculation within the crypto community has also risen, with some suggesting that if XRP were to dip below $1.30, whales could step in to buy in bulk, stabilizing the price and potentially driving it back to the $2.50 to $3.00 range if further changes to tariffs occur.
Adding to the positive sentiment, Geoffrey Kendrick, the global head of digital assets research at Standard Chartered, recently published a report suggesting that XRP could hit $5 by the end of 2025 and possibly surge to $12.50 by 2028, offering a potential 500% gain from current levels.
As investors monitor the market closely, the next few days will be crucial in determining whether XRP can maintain its upward momentum and reach its next major price milestone.
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