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Potential for Ripple (XRP) to Rise Again in 2024?

Rising by 450% in 2024, Ripple (XRP) attracted attention with its surge, and while experiencing sharp corrections in 2025, analysts suggest a new wave of growth may be on the horizon. Developments in the SEC lawsuit, institutional investor interest, and factors like a potential XRP ETF could have a significant impact on prices. Experts predict that depending on market conditions, XRP could test $27.

As the crypto markets face a volatile start to 2025, Ripple (XRP) investors are eyeing new opportunities for growth. XRP surged by 450% in 2024, reaching $3.15, but it declined by over 30% from its peak of $3.34 in 2025. Nevertheless, analysts foresee that factors like regulatory clarity, increased institutional interest, and new market expansions could trigger a new upward trend for XRP. Fundamental catalysts for XRP: Factors that could trigger a rise.

Ripple’s native token XRP is currently trading around $2.23, finding strong support at the $2 mark recently. As the crypto asset tests critical levels, investors remain optimistic about long-term expectations. One standout factor is the 8% increase in open interest rates in the XRP futures market, indicating growing institutional interest and strengthening bullish positions. The ongoing legal proceedings between the U.S. Securities and Exchange Commission (SEC) and Ripple continue to be a decisive factor in the token’s price movement. Legal expert Fred Rispoli notes that a resolution in the SEC case could create significant upward momentum for XRP.

OPENING OF DFSA TO THE MIDDLE EAST MARKET Additionally, Ripple’s international expansion efforts might boost XRP adoption. The company obtained a license from the Dubai Financial Services Authority (DFSA) to operate in the United Arab Emirates (UAE), opening up to the Middle East market. With cross-border payment volume in the region exceeding $400 billion, increased use of XRP in this market could have a positive impact on prices. The possibility of a spot XPR exchange-traded fund (ETF) is also considered a critical development for investors. While Franklin Templeton has applied for an XRP ETF, BlackRock, one of the world’s largest asset managers, is also working on institutional investment products for XRP. Considering the capital inflows brought by Bitcoin and Ethereum ETFs to the markets, the approval of a similar product for XRP could significantly increase adoption. Analysts predict that if market conditions favor XRP, the price could test the $27 level.

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