In recent months, market analysis has pointed to several contributing factors that could trigger an XRP price explosion, as investors rush to secure their place within the XRP rich list.
The potential and surprising run of XRP from November 2024 to January 2025 has placed it at the forefront of major discussions. The recent developments signaling a potential breakout, along with several key factors, could potentially propel its price to unprecedented heights.
Market commentators such as Edoardo Farina have suggested that investors should possess a substantial amount of XRP to capitalize on the projected run. In December last year, Farina posited that those investors not holding at least 10,000 XRP were making a lifetime mistake.
However, data from XRP’s rich list indicate that even those who cannot afford 10,000 XRP currently stand a chance to make it to the top 10 richest addresses by procuring just 2,500 XRP. Farina confirmed this in January, highlighting the situation where investors needed 2,600 XRP to enter the prestigious list.
Currently, with only 2,500 XRP needed to become a top 10 XRP holder, investors can secure a seat with just $4,500, as XRP trades around $1.8. Interestingly, only 635,552 accounts are in this tier of addresses. Most believe these wallets could see their investments skyrocket if XRP embarks on a run.
However, the asset might need a few triggers to secure such an explosive rally. The Crypto Basic recently spotlighted several factors that could serve as such triggers.
Asset managers are in a race to launch XRP-based exchange-traded funds (ETFs). Companies such as Bitwise, Canary Capital, 21Shares, WisdomTree, and CoinShares have submitted applications to the U.S. Securities and Exchange Commission to introduce these financial products.
President Donald Trump’s confirmation of XRP’s inclusion in the U.S. strategic digital asset stockpile in March 2025 has also boosted investor confidence. This, coupled with rumors of a Ripple IPO and the growing adoption of Ripple’s stablecoin, RLUSD, could significantly impact XRP’s price.
The announcements of XRP ETFs debuting in the second half of 2025, the abandonment of the SEC’s appeal against Ripple, and the current pro-crypto administration have removed major barriers, fueling speculation that Ripple might pursue a public offering. An IPO could increase Ripple’s visibility, draw institutional investors, and enhance XRP’s prominence in the financial ecosystem, all potentially impacting XRP’s price.
Furthermore, Ripple’s stablecoin, RLUSD, which launched in December 2024, has quickly gained prominence within crypto circles. The dual-asset approach of leveraging XRP and RLUSD strengthens the XRP Ledger, potentially reducing supply over time and increasing demand.
In conclusion, a combination of these factors could potentially trigger an explosive rally of XRP, making it a valuable asset for investors in the cryptocurrency market.
