XRP has surged to a new all-time high of $3.66, approaching its 2018 peak of $3.54, driven by heightened institutional activity and regulatory tailwinds. The cryptocurrency's momentum accelerated following the passage of the CLARITY and GENIUS Acts, which established clearer regulatory frameworks for digital assets. ProFiles filed for the first XRP futures ETF, while 11 other asset managers submitted similar products based on XRP price movements, with traders pricing in an 88% chance of spot XRP ETF approval by December 2025.
Ripple Labs executives Brad Garlinghouse and David Schwartz are spearheading the XRP Ledger's revival, citing a strategic shift toward reducing reliance on traditional financial systems. Institutional whales moved over 20.5 million XRP to Coinbase recently, signaling substantial market repositioning. Ripple's official statement projects that "The XRPL could capture 14 percent of SWIFT’s volume within five years", highlighting ambitions to disrupt global settlements.
Technically, XRP is consolidating between $3.35-$3.48 after its peak, forming a potential bull flag pattern that analysts interpret as a pause before upward continuation. The token trades at $3.45 at press time, with a golden cross formation imminent on daily charts. Key support holds at $3.34, while breaking $3.60 resistance could catalyze a push toward $4.