XRP's remarkable 315% price surge against Bitcoin's more modest 35% growth has attracted significant interest from both retail and institutional investors, largely due to its lower entry cost.
XRP Eyes $3.80 ATH and $200B Market Cap; Legal Clarity and Macro Factors Could Fuel Challenge to ETH and BTC.
Over the past year, Ripple's XRP has significantly outperformed Bitcoin and other leading cryptocurrencies, achieving a 315% increase. Data from the past 60 days reveals XRP as one of only three altcoins with positive returns against Bitcoin, which experienced an 8.39% decline during the same period.
Is an Altcoin Season on the Horizon?
The Altcoin Season Index recently reached its lowest point since June 2023, reflecting weak altcoin performance over the past 60 days. However, this downturn might present an opportune entry point, given the substantial price drops experienced by many altcoins.
Between November 2024 and March 2025, XRP's value steadily increased, contrasting sharply with the performance of assets like Ethereum (down 38% against Bitcoin), Solana (down 31%), and Dogecoin (down 48%). This highlights XRP's relative stability and growing appeal to investors.
Source: Alphractal
The XRP Ledger (XRPL) added 1.2 million new addresses over the past year, bringing the total to 6.7 million. This compares favorably to Bitcoin's network growth of 100,000 addresses during the same period. XRP's circulating market value also expanded significantly, from 1.09% to 5% of the total crypto market, with its overall value rising from $23 billion to $188 billion.
Source: CryptoQuant
XRP's 315% price increase outpaced Bitcoin's 35% gain over the past year. Analysts attribute this growth to XRP's lower barrier to entry compared to Bitcoin, attracting both individual and institutional investors. Bitcoin's market value grew by 54.5% during this period, reflecting its established market dominance.
Source: Checkonchain
While surpassing Bitcoin in the near term remains unlikely, XRP's trajectory suggests potential to challenge Ethereum's market position. Positive legal developments and regulatory clarity could further accelerate XRP's adoption.
Source: Tradingview
Immediate targets include exceeding its all-time high of $3.80 and reaching a $200 billion market capitalization. Traders note that macroeconomic factors and regulatory decisions will significantly influence XRP's ability to maintain its momentum. The achievement of these targets will be crucial in determining whether XRP closes the gap with Bitcoin or solidifies its position as a leading altcoin.
Source: Tradingview
XRP is currently trading at $2.6065, representing a 4.26% daily increase. Over the past week, it has surged 18.56%, although it remains down 3.63% for the month. The long-term trend remains bullish, with gains of 400.90% over six months and 340.09% over the past year. Despite this positive trend, XRP has exhibited significant volatility, recently spiking 50% to $3.00 before retracing.
Source: Tradingview
Technically, XRP is currently undergoing a pullback after testing resistance near its all-time high (ATH) of $3.40. Current price action suggests a consolidation period, with a symmetrical triangle pattern forming. A break above key resistance levels could signal a continuation of the uptrend.
Source: Tradingview
Fibonacci retracement levels indicate support around $2.25-$2.50, with a critical buying zone at $1.90-$2.00 if a deeper correction occurs. Conversely, a breakout above $2.90-$3.00 could trigger another bullish surge towards $3.40+. Market sentiment is currently mixed. Oscillators show neutral momentum, while moving averages suggest bullish potential. However, traders should remain cautious of profit-taking and potential liquidity traps, particularly given recent volatility surrounding XRP's rumored inclusion in the U.S. Crypto Reserve. Large whale movements, such as a 95M XRP withdrawal from OKX, suggest accumulation by major investors, potentially supporting near-term price stability.
In summary, XRP maintains a bullish long-term trend, but short-term price action is likely to remain volatile. Traders should monitor key resistance at $2.90-$3.00 and support at $2.50-$2.25 for potential trading opportunities.