XRP is making significant waves in the crypto market, seeing a rapid surge as investor sentiment improves following major geopolitical developments. According to CoinMarketCap, XRP spiked from around $1.80 to $2.04 within an hour, marking a 13% jump and a 10% gain in just 24 hours. Trading volume skyrocketed to $8.07 billion, pushing its market cap to over $118 billion.
This surge comes on the heels of a surprise announcement from U.S. President Donald Trump, who revealed that he would pause the newly imposed tariffs on all nations for 90 days. These tariffs, often referred to as “Trump tariffs,” had been exerting downward pressure on global markets, including cryptocurrencies.
With this relief, XRP’s potential to reach $3 seems increasingly possible, but experts caution that factors like ongoing litigation, market trends, and institutional demand still play a crucial role in its path. While some experts predict that XRP could reach $2.50 to $3.00 by the end of April, a jump from its current $2.04 to $3 in a single week would require a sharp, swift rally.
The crypto community has been buzzing, with some speculating that if XRP’s price drops below $1.30, whales might step in and buy in heavily. This could stabilize the price and position XRP for a potential rebound to $2.50–$3.00, especially if Trump makes further changes to tariffs.
Adding to the positive sentiment, Geoffrey Kendrick, global head of digital assets research at Standard Chartered, suggested in a recent report that XRP could hit $5 by the end of 2025, with the possibility of reaching $12.50 by 2028. This would represent a potential gain of more than 500% from its current price.
The next few days will be crucial as investors closely monitor whether the momentum from Trump’s tariff pause can propel XRP to its next major milestone.
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