- XRP has surged in price, jumping from $1.80 to $2.04 following U.S. President Trump’s decision to pause tariffs, with a potential for the cryptocurrency to reach $3 this week if momentum continues.
- Despite factors like ongoing litigation, analysts predict XRP could hit $5 by the end of 2025, with a long-term outlook suggesting a 500% gain by 2028.
XRP has made a bold move, capturing the spotlight in the crypto market with an impressive surge in price. Investors are reacting positively to the recent geopolitical news, and the latest developments surrounding U.S. tariffs have only added fuel to the fire. But will XRP hit $3 this week? Let’s explore the factors that could determine its trajectory.
The Surge in XRP’s Price
In a dramatic shift, XRP’s price jumped from $1.80 to $2.04 within just an hour, reflecting a sharp rise of over 13%. Within 24 hours, XRP saw a 10% gain, and trading volume surged to an astounding $8.07 billion. As of April 9, 2025, XRP’s market cap soared past $118 billion, signaling a strong demand for the digital asset.
Trump’s Tariff Pause: A Catalyst for XRP’s Price?
The sudden halt to tariffs by U.S. President Donald Trump is a key factor driving XRP’s price surge. The decision to pause the tariffs for 90 days has had a positive impact on global markets, lifting investor sentiment. Previously, the “Trump Tariffs” had been putting significant downward pressure on the markets, including the crypto space. With the tariffs on hold, XRP’s potential to reach $3 has become more plausible, though it will still require a swift and sharp rally to make that jump in just one week.
Market Trends and Institutional Demand
Despite the favorable geopolitical climate, several key considerations remain that could impact XRP’s path to $3. The ongoing litigation surrounding XRP, as well as market trends and institutional demand, will play significant roles in its short-term price movement. While $2.50 to $3.00 by the end of April is a target many experts see as achievable, an immediate leap to $3 will require momentum to continue driving the price higher.
Long-Term Outlook for XRP
Even with a potential price surge in the short term, the outlook for XRP remains bullish in the longer run. Geoffrey Kendrick, global head of digital assets research at Standard Chartered, has speculated that XRP could reach as high as $5 by the end of 2025, with a possibility of hitting $12.50 by 2028. This represents a potential gain of more than 500% from its current price levels, and could prove an enticing opportunity for long-term investors.
The Next Few Days: A Crucial Moment for XRP
The next few days are pivotal in determining whether XRP can maintain its momentum and achieve a price of $3. Investors and traders alike will be watching closely, analyzing both the broader market conditions and any further developments surrounding Trump’s tariff decisions. If momentum holds, XRP could be on its way to new heights in the coming days.