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XRP News Today: XRP Remains Bullish, Miners Earn $11K/Day as Fed Cuts Expectations Boost Crypto Market

XRP Price Increases Over 400% in the Last Year, Legal Victory Sparks a Potential Return to All-Time Highs

Written By : Kelvin Munene
Reviewed By : Sankha Ghosh

XRP, Ripple’s cryptocurrency, has recently experienced a significant price surge, reaching $2.85. This represents a 402.45% increase over the past year. An impressive turnaround is that XRP is currently trading just below its all-time high of $3.84, which was hit in January 2018. Although it has gained recently, XRP is still 25.71% below its ATH, suggesting it still has room to grow.

Recent Price Trends and Market Indicators

The price trend of XRP has been experiencing tremendous growth since a movement out in November 2024, where the currency jumped to over $2.00. The coin remained between $2.00 and $2.50 over several months before it bounced off again in July 2025, but with a more significant spike, bringing the coin value to over $3.30. Over the last few weeks, the price of XRP has been testing its highest point in 8 years, with the coin's ATH at $3.38.

The 30-day XRP price range has moved between $2.71 and $3.38, and support has been stable around $2.70. The recent rising pattern is a sign of investor confidence, especially following Ripple's win in the legal battle with the US Securities and Exchange Commission (SEC). This legal victory has increased the price of the coin by providing it with greater regulatory certainty, and it could still maintain price growth.

Institutional Interest and XRP’s Real-World Use Case

The recent lawsuit between Ripple and the SEC has provided XRP with a major boost. This long-running case, which had been pending since 2020, was ruled in support of Ripple, asserting the usefulness of XRP as a cross-border transactional currency and not a security. The network enables Ripple to provide instant cross-border payments, which offer financial institutions an efficient, low-cost alternative to the traditional banking system.

Recent legal clarity has also opened up the possibility of an XRP exchange-traded fund (ETF) being approved. The SEC's earlier approval in 2025 of a ProShares Ultra XRP ETF shows the increase in institutional interest in the asset. Analysts expect that a spot XRP ETF will be approved and will draw additional investors by providing a regulated and less risky means of exposure to XRP.

In addition to this, XRP miners have been taking advantage of the good market conditions. Cloud mining contracts are paying up to $11,000/day to XRP miners, as Federal Reserve rate cut expectations have stimulated the overall crypto market. 

A 25-basis-point Fed rate reduction is very likely, with a 91.7% likelihood, and a historic trend of the crypto market increasing by 57% when the Fed cuts its rates. This renders the XRP mining business a more attractive venture to investors who want to get some returns in the present economic climate.

Looking Ahead: Potential Price Action and Market Implications

XRP has shown resilience during the recovery, but it remains uncertain how its price will move in the future. Analysts note that XRP could reach new highs if it breaks through the $3.38 resistance level. If successful, the coin might challenge its all-time high of $3.84, with forecasts suggesting potential price targets between $4.50 and $5.00.

However, price corrections can also result from market fluctuations. If XRP's price falls below the support level of $2.70, there is a risk of retreating to $2.00. Nonetheless, the historical support at these levels often outweighs significant declines and can serve as a cushion against larger drops.

Also Read: Ripple–SEC Fight Ends: Best Altcoin to Buy Now (Beyond XRP) in 2025’s Bullish Surge

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