**Summary**
– The growing number of XRP addresses and certain breakout patterns suggest that XRP might be primed for a potential surge.
– The potential resolution of the Ripple v. SEC case and the launch of a spot XRP ETF could significantly influence price movements.
**XRP Set for a Comeback?**
Donald Trump’s win in the US presidential elections initially boosted the cryptocurrency market, with Ripple’s native token among the notable gainers. Its price soared from just $0.50 before the elections to nearly a new all-time high of $3.40 by mid-January. Since then, XRP has experienced a decline, mirroring the broader market downturn, and is currently trading at approximately $2.32, a 31% decrease from the recent peak.
However, there are indications that the price might be poised for a surge. Ali Martinez revealed that the total number of XRP addresses has reached a new all-time high of 6.87 million, suggesting increased network adoption and rising demand. Martinez also predicted that XRP could reach $15 per coin, based on a symmetrical triangle pattern observed since January 2018, which recently broke out.
In the broader crypto community, some analysts have made even more optimistic forecasts. Earlier this month, EGRAG CRYPTO speculated that XRP might be preparing for a significant price leap, envisioning values in the $27-$222 range. This would necessitate a market cap surge beyond $1.5 trillion, making the prediction somewhat unrealistic.
**XRP Anticipates Key Developments**
Two significant developments could potentially drive XRP’s price higher. The first is the anticipated conclusion of the long-standing legal battle between Ripple and the US SEC. There is growing speculation that a resolution might be imminent, with US lawyer Fred Rispoli predicting an outcome by April 16. Changes in SEC leadership and recent case dismissals against cryptocurrency businesses support the likelihood of an agreement.
The second pivotal factor is the potential launch of a spot XRP exchange-traded fund (ETF) in the US. This investment vehicle would allow investors to gain exposure to XRP without navigating the complexities of digital wallets and cryptocurrency exchanges. Companies like Grayscale, 21Shares, and Bitwise have expressed interest in introducing such a product. The securities regulator has acknowledged some of the applications, and according to Polymarket, the approval odds before the end of 2025 are around 76%.
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