The price of XRP, the digital asset powering Ripple’s blockchain network, is back in the spotlight. After a strong weekend rally, XRP is holding firm at $2.24 as of Monday, June 9, 2025. That’s a 10% gain since Friday, making it one of the top performers among large-cap cryptocurrencies.
XRP Price Snapshot
- Current price: $2.24
- 24-hour change: +1.35%
- Market cap: $131.87 billion
- 24-hour trading volume: $2.79 billion
- All-time high: $3.84 (Jan. 2018)
- All-time low: $0.0028 (2014)
What’s Driving XRP’s Momentum?
Three main drivers are behind XRP’s renewed strength:
1. Institutional Recognition
The Nasdaq Crypto US Settlement Price Index recently added XRP, marking a key step toward broader financial adoption. Although no U.S.-listed ETF includes XRP yet, the index inclusion boosts investor confidence and fuels ongoing ETF speculation.
2. Ripple’s Web3 Push in Japan
Ripple has partnered with Web3 Salon in Japan to expand blockchain development via its XRPL Japan and Korea Fund. The initiative includes grants up to $200,000 for early-stage Web3 projects. This partnership is expected to bolster real-world use cases for XRP in Asia’s rapidly growing crypto ecosystem.
3. ETF Buzz and Legal Clarity
With SEC’s decision on an XRP spot ETF expected June 17, many believe XRP is well-positioned following its partial legal victory against the SEC in 2023, which clarified that XRP is not a security. The ETF speculation has been a significant catalyst for altcoin rallies this year.
What’s Next for XRP? Resistance at $2.30
According to crypto analysts on TradingView and CoinMarketCap:
- Support: $2.10
- Resistance: $2.30
- Short-term target: $2.60
- Mid-term target: $3.30 (based on a bullish flag pattern)
A double-bottom formation suggests bullish continuation, especially if XRP can break past the $2.30 mark and hold. Some forecasts suggest XRP could hit $5–$8 by year-end, with more optimistic predictions aiming for $100 by 2026.
XRP Price Today vs Other Top Cryptos
Compared to major coins:
- Bitcoin (BTC): $106,000 (+0.13%)
- Ethereum (ETH): $2,497 (−1.0%)
- Solana (SOL): $151 (+0.5%)
- Dogecoin (DOGE): $0.18 (−1.2%)
XRP’s upward momentum stands out, especially as many other major cryptos are flat or slightly down.
Bottom Line
With strong price action, renewed interest from institutional investors, and Ripple’s global expansion, XRP is showing signs of sustained bullish momentum. If the ETF rumor mill proves accurate or Ripple’s real-world applications continue to scale, XRP could be entering its next major growth phase.
Watch XRP levels this week:
- Buy zone: $2.14–$2.17
- Breakout zone: Above $2.30
- Bull target: $3.30–$5
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