XRP (XRP) is poised for a significant price rally, with analysts projecting a 30% growth by the end of January 2025. This bullish outlook stems from JPMorgan’s optimistic predictions and a confluence of favorable technical, regulatory, and fundamental developments.
XRP ETFs Could Attract Billions
JPMorgan analysts forecast that the anticipated launch of XRP exchange-traded funds (ETFs) could drive substantial inflows, attracting between $3 billion and $6 billion. Leading asset managers like Grayscale, VanEck, and Bitwise have already filed applications for these products, signaling strong institutional interest.
Market optimism is bolstered by Donald Trump’s potential reelection, as his administration is expected to appoint a crypto-friendly SEC chairman. Current SEC head Gary Gensler is set to leave office on January 20, coinciding with Trump’s possible oath-taking.
XRP Breakout Imminent
As of mid-January, XRP is exhibiting bullish momentum, breaking out of a symmetrical triangle pattern—a classic technical setup signaling potential continuation of the upward trend. Analysts predict a price target of $3.73, marking a 30% rally by month-end.
This technical breakout is supported by strong whale accumulation. On-chain data from Santiment reveals wallets holding 1–10 million XRP have amassed 1.43 billion tokens since November 2024, a staggering 37.4% increase.
🐳📈 XRP investors are pleased to see the #3 market cap asset reach $2.69 today for the first time since December 17, 2024. This is being supported by continued enormous accumulation from wallets holding 1M-10M XRP, who own over 37% more coins than they did 2 months ago… pic.twitter.com/G3a3N5iSAS
— Santiment (@santimentfeed) January 14, 2025
Ripple vs. SEC Appeal Developments
The ongoing SEC vs. Ripple legal battle further fuels XRP’s momentum. January 15 marks a crucial deadline for the SEC to submit its appeal-related opening brief, contesting the landmark July 2023 ruling that XRP sales do not qualify as securities under the Howey Test.
Ripple’s Chief Legal Officer, Stuart Alderoty, criticized the SEC for persisting with the appeal despite imminent leadership changes. Speculation is rife that Trump’s administration could prioritize resolving the case favorably, potentially withdrawing the appeal altogether.
On January 20, Gensler’s war on crypto ends at the SEC. We asked the SEC to agree to postpone the filing of their opening brief in their appeal of our victory (current deadline Jan 15) – and they refused. What a waste of time and taxpayer dollars!
— Stuart Alderoty (@s_alderoty) January 14, 2025
Nevertheless, we are confident…
XRP’s price surge underscores renewed market confidence, driven by ETF optimism, legal clarity, and technical signals. With institutional interest rising and favorable regulatory shifts on the horizon, XRP appears ready to capitalize on its bullish trajectory.
Also Read: XRP Surges 12% Amid Whale Accumulation and ETF Speculation, Reaches $2.83
Investors and analysts alike view 2025 as a pivotal year for XRP, solidifying its position as a key player in the evolving cryptocurrency landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.