How far can it go in 2025? (ChatGPT Answers)

TL:DR;

Ripple’s native cross-border token was among the top performers in the crypto market, especially in the fourth quarter following the US presidential election. The question now arises as to whether the asset soared by triple digits due to “buying the buzz” speculation or whether it will continue its run during the Trump administration.

Spectacular 2024 end of XRP

It’s safe to say that XRP had a very quiet 2024, at least until November. The cryptocurrency traded in a dull range between $0.4 and $0.6 for the most part after entering the year slightly higher than the latter.

However, that all changed a few weeks after Donald Trump was re-elected on November 5. The token, backed by the US blockchain company, soared from less than $0.6 to nearly $3 in less than a month. While there were numerous bullish developments on Ripple’s horizon, the most likely reason for this dramatic rise was the upcoming change in the regulatory landscape in the US.

After all, Trump promised to fire Gary Gensler, who led the SEC’s charge against Ripple for years, at his inauguration on January 20. However, Gensler did not wait to be fired and announced his resignation before the end of the year.

XRP reacted with immediate price gains to the news and surged towards $3 on a couple of occasions. Although it was rejected there and pushed south to under $2, it managed to regain some ground and ended the year at $2.08 (on most exchanges). This means that its annual increase was around 225%.

XRPUSD. Source: TradingView What about 2025?

Cryptocurrencies tend to react to news in a more volatile way than actual developments. As such, it will be interesting to see what will happen once Trump actually enters the White House later this month and whether there will be a substantial change in SEC leadership.

ChatGPT answered the question about XRP’s potential in 2025 by laying out several key factors that could help the token continue its rise to a new all-time high of over $3.4 (CoinGecko). Paul Atkins, who is Trump’s choice for the new chair of the SEC, takes the top spot as he has a rich history with crypto and could be the key behind an upcoming resolution in the legal case between the agency and Ripple.

The AI ​​chatbot then highlighted the growing possibility of an XRP ETF in the US, similar to the funds that were approved for BTC and ETH in 2024. These products not only validate the underlying asset, but also they attract new financing that could lead to price increases. for them

Citing popular analysts, technical indicators and the potential of the reasons mentioned above, ChatGPT concluded that the price of XRP could reach a maximum of $7, which would be double the previous peak. Should the token reach this price, its market capitalization would reach about $400 billion, or similar to ETH’s current one.

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