Prime Highlights:
- XRP surged over 20% in a day to a six-year peak of $3.61.
- Analysts predict a long-term target price of $10, based on positive sentiment and institutional demand.
Key Facts:
- Derivatives open interest on XRP was over $10 billion for the first time since 2021.
- Technical charts suggest the short-term decline is more than likely to be preceded by further long-term appreciation.
Key Background
Ripple’s native cryptocurrency XRP staged an amazing comeback in July 2025. The currency surged by more than 20% within 24 hours to reach a high of $3.61 — its highest since 2019. The surge was boosted by the synergy between breakout trading days and increased optimism regarding Ripple’s overall real-world applications in cross-border payments.
The price momentum was most intense during the most significant global trading hours, with strong buying pressure from institutional and retail traders. Analysts suggest that XRP had been leveling off at around $3.30 for weeks before the breakout, which was a critical support point and accumulation area. Once the resistance point was broken, XRP broke above historical highs, where it gained the attention of momentum traders and algorithmic funds.
Among the strongest institutional demand metrics is XRP‘s futures open interest, which has now reached more than $10 billion — the highest level since the 2021 crypto bull. The accumulation of futures and options contracts indicates renewed enthusiasm for long-term XRP usage. Upward funding rates on leading exchanges also indicate forced long taking, especially by volume players.
Analysts are viewing recent run-up as only the start of XRP’s next growth cycle. Market analyst Ryan Lee has pegged short-term correction as a possibility but medium-to-long term between $5.89 and more than $10. These predictions are founded on expectations of regulatory clarity, potential approval of Ripple-related ETFs, and growing adoption of XRP by RippleNet cross-border payment systems.
Despite this optimistic mood, technical indicators are divided. The Relative Strength Index (RSI) is neutral whereas the Moving Average Convergence Divergence (MACD) is weak in bearish divergence, a potential indicator of cooling off first before a larger rally. Overall, sentiment remains optimistic with XRP still finding its bearings in the new crypto world.
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