Ripple’s XRP token is just 3 cents away from breaching the $3 mark. The asset has experienced quite a bullish turnaround after Bitcoin (BTC) climbed to new peaks over the last few days. The third-largest crypto by market cap is up 7% in the daily charts, 30.9% in the weekly charts, 36.5% in the 14-day charts, 38.8% over the previous month, and 459% since July 2024. Let’s discuss if the popular coin can hit a new all-time high of $4.
XRP Rallies As Bitcoin Hits New All-Time High
Ripple’s XRP token has had quite a good year in 2025. The asset struggled to gain momentum over the last few years due to the SEC’s lawsuit against Ripple. The litigation was settled earlier this year as new management took charge of the SEC. The pro-crypto administration in the US may have helped push the SEC’s lenient stance.
There is a high chance that Bitcoin (BTC) will continue its upward momentum over the coming weeks. BTC ETFs have seen constant inflows over the last few weeks. BlackRock alone has purchased billions of dollars worth of BTC over the last few days. A consistent BTC rally could lead to other assets climbing to new all-time highs. XRP could potentially breach the $4 mark under such conditions.
XRP is currently down by 12.3% from its all-time high of $3.40. The asset hit its peak in January 2018, more than seven years ago. Fans and investors will be ecstatic if the coin climbs to a new peak.
Also Read: XRP Rallies To $3: Will It Climb Above $5 Next?
There are also several spot XRP ETF applications awaiting approval at the SEC. There is a high probability that the financial watchdog will approve at least one ETF for the crypto project this year. An ETF approval will likely lead to a massive surge in institutional investment. Such a development could potentially take XRP beyond the $4 mark.
