Surprisingly, there is growing confidence in the cryptocurrency market that XRP may surpass the $3 level in 2025.
Traders estimate an 3,50% chance of hitting $80 or higher this year, according to data from betting and crypto forecasting platform Kalshi on June 17.
Price forecast XRP for 2025. Source: Kalshi
The probability that XRP reaches $3,40 or higher is 72% (the rate has added 30 basis points). However, as target prices rise, market confidence is gradually declining.
Chances for promotion XRP to $3,75 is currently 30%, while the probability of a breakout above $4 is slightly lower at 29%. With a rise to $5, the probability is 32%.
The most interesting thing is that the fundamental indicators of the network are not so bad and allow us to hope for some growth in the price of the token.
In particular, recently there has been activity on the network XRP has increased sharply, and for the first time in its 12-year history, 2708 wallets hold more than 1 million tokens.
The number of daily active addresses has soared to 295,000, eight times the three-month average of 35,000 to 40,000, indicating increased user engagement.
Investors may be bracing for potential approval ETF on the basis of XRP, as this could attract institutional capital. In addition, a final settlement of the US SEC lawsuit against Ripple.
