XRP’s Meteoric Rise in 2025 Chasing Bitcoin’s Throne

Ripple (XRP) has been the cryptocurrency to watch in 2025, currently showing a +35% YTD increase and leading all other major cryptocurrencies this year. With ongoing ETF applications, a new request for a U.S. banking license, and a recent partnership with BNY Mellon, XRP continues to draw strong interest from traders and investors though it still hasn’t reached the all-time highs of Bitcoin.

XRP Nears $3 Price Point with Continued Upward Momentum

XRP climbed close to the $3 mark range for the first time in 131 days, reaching a high of $2.97 before pulling back to its current price of $2.785.

At the time of writing, XRP is still up +22.3% over the last week and +24.4% in July.

Best Trending Performance Among the Top 10

Since the beginning of 2025, XRP has outperformed all other Top 10 coins with a gain of +35%. Right behind is Bitcoin, currently priced around $118,000, with a +25.38% increase. The closest coin to XRP’s performance is Stellar (XLM), which shares similar origins, posting a +20% YTD gain.

Top 10 Crypto Dominance Performance – YTD 2025

ETF Filings, U.S. Banking License, and Stablecoin Launch

XRP is benefiting from both broad market optimism, largely driven by Bitcoin’s new all-time highs, and from Ripple-specific developments:

• A pending U.S. banking license application, potentially deepening Ripple’s ties to traditional finance.
• Ten active XRP ETF filings under SEC review, with decisions expected by October.
• A new partnership with BNY Mellon, appointed as custodian for Ripple’s stablecoin, RLUSD.

These milestones have attracted institutional interest and bolstered positive sentiment across the market.

Ripple Holds Third Place in Global Market Capitalization

Ripple currently has a market capitalization of $164.35 billion, firmly holding third place among all cryptocurrencies. Over the past 24 hours, trading volume surged by +82%, approaching $16 billion.

From SEC Clarity to Price Recovery

XRP began its most recent rally in November 2024 following the U.S. presidential election. From that point, the price surged nearly +570% in just ten weeks, hitting a peak of $3.40 in January 2025.

Price Correction and Higher Lows

After January’s peak, XRP entered a corrective phase, dropping to a low of $1.6118 in April. It then rebounded with mixed momentum, eventually climbing back to the key $2.50 resistance, setting the stage for the current July breakout.

In early June, XRP dipped around $1.90 before launching into a renewed uptrend. This week, the token broke through the $2.50 resistance, potentially paving the way for higher targets.

Confirmed Breakout on the Daily Chart

On July 12, XRP reached a daily high of $2.97363, clearly breaking past prior resistance. This move pushes XRP closer to the next target range between $3.05 and $3.40.

Key Levels to Watch: Weekly Close and RSI Signals

As of writing, XRP is up +1.24% on the day, though slightly below yesterday’s high. Important technical indicators include:

• A weekly close above $2.75, which would confirm bullish continuation.
• Potential reversal signals on the daily chart, as XRP is currently overbought and trading outside the upper Bollinger Band — factors that warrant caution.

The post XRP’s Meteoric Rise in 2025 Chasing Bitcoin’s Throne first appeared on AllinCrypto.