XRP Price Predicted to Hit $8 by 2025, Here’s Why
Ripple Labs’ native token XRP appears to be leading and outperforming major assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) not only in terms of price growth but also in terms of trading volume. Recently, WallStreetBets founder Jaime Rogozinski posted on X (formerly Twitter) that XRP continues to dominate South Korean cryptocurrency exchanges compared to other major assets.
XRP overtakes BTC and ETH in South Korea
However, Rogozinski’s article comes as the price of XRP hints at a potential reversal following a bullish price action breakout over the past 24 hours, a prolonged consolidation phase and a surge in XRP trading volumes across South Korean exchanges.
https://twitter.com/wallstreetbets/status/1874841147908166142
He further added that the enthusiasm and interest among traders and investors does not seem to be slowing down, especially in South Korea, causing altcoins to outperform BTC and DOGE in the East Asian country.
XRP has three times the trading volume on Upbit, according to CoinMarketCap Bitcoinmore than $620 million, compared with $276 million in the past 24 hours. Meanwhile, Dogecoin (DOGE) has a trading volume of approximately $221 million.
This trend is not limited to Upbit, similar patterns have been observed on other leading exchanges such as Bithumb, Coinone, and Korbit.
XRP Price Prediction for 2025
Analyzing these trends in South Korea, analysts boldly predict that XRP may reach $4.11 and $5.85 in the next few days, and predict that if the cryptocurrency market reaches a market capitalization of $5 trillion, the price of XRP will reach $8 by 2025 .
At press time, XRP was trading close to $2.41, with the price surging 1.25% in the past 24 hours. However, overall transaction volume fell by 43% during the same period, indicating that participation was lower than in previous days.
One potential reason for the sales decline could be rumors about the health crisis in China.
