SEC regulations have crippled the growth of several crypto projects. Binance Coin is a high profile victim, dropping drastically after the SEC sued Binance’s CEO Changpeng Zhao and sent him to prison. Ripple is another target, and while its issue with the SEC is more prolonged, there seems to be light at the end of the tunnel.
In essence, crypto analysts believe an XRP price resurgence is on the cards. Several indications point to this eventuality, including an XRP metric showing a 40% surge in December. Will XRP eventually break a new all-time high in 2025, like veterans predicted?
XRP: The journey so far
Ripple is focused on cross-border electronic payments, especially among enterprise entities and financial institutions. It launched a little over 10 years ago, and XRP investors struck gold when it hit an ATH of $3.7 in 2018. Two years later, though, its trouble with the SEC began. XRP price crashed, and the project was never the same again.
However, towards the end of last year, XRP slightly bounced back. It rallied strongly towards the end of 2024 and hit $2.4 for the first time in almost 6 years. This exceptional move was dealt a blow in December when the crypto market generally crashed. However, several indicators point to the XRP price getting back on the horse and shattering its previous records.
Why XRP is primed for a new all-time high
Ripple is currently priced around $2.42, just about a dollar from its all-time high price. This demonstrates its resilience, indicating that the token could regain the losses it had in recent weeks, backed by several signals.
For one, the average number of transactions per ledger on XRP increased significantly in December. This suggests that the network is experiencing significant on-chain activity, and this often precedes significant price movements. As more attention is drawn to Ripple, there’s a strong possibility that institutional investors are among its ranks.
In a nutshell, XRP is laying the groundwork for a 40% price increase or even more if this momentum continues into the new year. Furthermore, with the incoming US government appearing pro-crypto, the esoteric SEC regulations tying XRP price down could dissipate in short order. This could set XRP on the path to a new all-time high much earlier than most people expected.
The bottom line
Ripple would be a fascinating crypto investment option in the new year given its propensity to appreciate tremendously. However, the smart thing to do would be to diversify, especially with upcoming crypto projects.
This evens out potential losses should XRP fail to live up to expectations and could even fetch extraordinary returns. Remittix, a groundbreaking new project, is the perfect token for this situation. It packs a real use case by allowing anyone to send fiat to bank accounts all over the one right from their crypto wallets. It also has an extremely affordable entry price, going for $0.0172.
The good news is that Remittix is still in presale, which means that now is the best time to dive into it. Early investors are set to make an 1,800% profit before the presale ends, with bigger profits expected upon release.
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