XRP’s Volume Tops Ethereum as $5 Target Circulates
January 17, 2025 at 10:00 PMby The Block Whisperer
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XRP's daily trading volume surpasses Ethereum's, hitting $27.6B. With bullish momentum, $5 seems possible, driven by whale activity, market interest, and Trump's crypto reserve tal
We're seeing another power shift in the industry.
XRP just leapfrogged Ethereum for total daily trading volume, and now we're hearing talks of a new price target of $5.
With Trump reportedly eyeing U.S. cryptocurrencies for a national reserve, XRP's momentum keeps building.
The numbers speak for themselves.
XRP hit $27.6 billion in 24-hour volume, edging past Ethereum's $27.64 billion.
Price-wise, XRP's on fire – up 11.43% in a day and 45.29% in a week, landing at $3.32.
That puts its market cap at a hefty $189.76 billion.
Meanwhile, Ethereum's taking a breather, with ETH dipping 0.32% over 24 hours, with a modest 2.19% weekly gain.
At $3,323.08, it's solid but not stealing the spotlight.
Santiment's data tells an interesting story as well.
Whales scooped up 1.43 billion XRP in just two months, showing a 37% jump in big-player demand, and it's now reflected in the price.
Market analyst Ali puts it straight: "Buying XRP at $3 may seem like a good idea, but buying when I did at $2.48—and during the dip at $2.40—would have been better. You'd already be up 24%."
Short sellers got burned, with over $372 million in liquidations over 24 hours.
Bitcoin touching $100,000 added fuel to the fire, lifting the whole market's spirits.
XRP's now breathing down the neck of its $3.40 all-time high from January 2018.
Just 2% to go before new territory.
Break that ceiling, and $5 doesn't look so far away.
The charts show a clear bullish breakout pattern, suggesting this rally might have legs.
Things get even more interesting when you factor in the new man in the White house.
The New York Post reports Trump's weighing an executive order for a national crypto reserve, focusing on U.S.-based digital assets.
That news alone pushed XRP from $3.05 to $3.32.
If XRP makes it into that reserve alongside Solana and USDC, we're talking potential game-changer territory.
Word is Trump's been chatting with project founders about reshaping U.S. crypto policy.
XRP's knocking on the door of its all-time high, and the stars seem aligned.
Strong institutional interest, market momentum, and possible policy shifts under Trump create perfect conditions for growth.
Sure, nothing's guaranteed in crypto.
But with these tailwinds, XRP's path to $5 looks more realistic than ever.
Smart money is watching those resistance levels closely – we might be witnessing XRP's biggest moment since 2018.
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