23.01.2025
Last week, XRP hit its ATH, making it $3.38 per token or £2.74 in GBP chart XRP. That's a 40% price increase. And over the past eight weeks, it's risen a massive 194%, outpacing even bitcoin's 124% growth in 2024.
Of course, the current price of XRP to GBP is more straightforward to reach because of its lower capitalization. But the signal is clear: 2025 could be the year of XRP.
Right now, many experts predict that the Ripple cryptocurrency price could rise by as much as 15%. So why is XRP on the rise again, and how has it been affected by the SEC and other market events?
What is XRP?
XRP is a cryptocurrency and the native token of the XRP Ledger, an open-source blockchain. It is also used for internal operations on the Ripple platform to make transactions between different businesses, users, or organizations faster, safer, and more convenient.
XRP Ledger native token has always focused more on businesses than on average users. However, anyone in the blockchain system is free to use it.
XRP is on the rise: SEC is not
The history of the confrontation
The price of XRP has always been a rollercoaster for several reasons, including the famous SEC vs. Ripple case in the United States Southern District Court of New York.
In 2020, the SEC accused Ripple of selling more than $1.3 billion of XRP to its investors in an unregistered security in 2013. In addition, the SEC said Ripple created an "information vacuum" and only shared information with its investors that was convenient for them.
However, in July 2023, the court ruled that XRP (including all other digital assets ever created) wasn't a security when sold to the public on a stock exchange, but it was when sold to institutional investors.
In August 2024, Ripple paid the SEC a $125 million fine for institutional sales instead of the $2 billion demanded.
New round of conflict
However, the legal confrontation between Ripple and the SEC remains a significant factor for XRP.
On 16 January, an appeal was filed with the court of second instance. The regulator is seeking to overturn a federal judge's decision. This led to the vast price spike and the ATH that XRP hit that day.
At the moment, it is becoming clear that the outcome of the judge's decision will have a 100% impact on the XRP price. However, there are other reasons why XRP will remain stable and grow in 2025.
Other factors that could influence the XRP price in 2025
Investor's support
The positive XRP to GBP current price dynamics couldn't go unnoticed by investors. The fact that they haven't sold their XRP assets shows that they don't believe that the SEC's second attempt will be successful, especially considering that they are using the same tools and reasons to blame Ripple.
XRP ETF
There are also rumors about the possible launch of a spot ETF on XRP. According to Santiment, large holders (with a balance of 1 to 10 million XRP) bought 1.4 billion tokens worth $3.8 billion in the last two months. This is a very positive sign for all XRP investors.
Trump's inauguration
Donald Trump's inauguration didn't have much effect on the XRP price. It fell as low as $3.08 and rose again to $3.2 (or 2.49 and 2.59 in XRP to GBP exchange rate correspondingly.). However, Ripple's cryptocurrency still didn't repeat its 2018 ATH: Ripple asset's absolute high was recorded on 7 January 2018 at $3.40/2.76 in British pound sterling.
How much will 1 XRP to GBP be worth in 2030?
The expected change in leadership at the SEC could be a game-changer. Gary Gensler, known for his tough stance on cryptocurrencies, will step down in January 2025.
This could become one of the most important factors in XRP's price movement.
How many XRP are in circulation now?
We've already mentioned that some experts believe XRP to GBP ratio can change and reach 12.4 british pound sterling this year or $15. XRP currently has 57.56 billion tokens in circulation, the market cap is 148,69B in British pound sterling, and a fully diluted valuation of $316.17 billion is a good indicator of positive movement.
Many crypto experts are predicting super bullish years for XRP.
Analyst Lai Jr. predicts XRP traded for $10-$34 by March, depending on the outcome of the SEC case.
These are very positive predictions and they are not unfounded.
Government support
Trump has recently nominated Paul Atkins to head the Securities and Exchange Commission. Atkins is one of the biggest crypto supporters in the White House. As such, investors believe he will drop the regulator's case against Ripple. Thus, it can lead to changing the XRP to GBP exchange rate in XRP favor.
Donald Trump said in his campaign that he'd make a cryptocurrency a federal reserve asset. Government support for crypto could be a game changer for XRP and other leading digital assets.
All of this, including the fact that XRP could soon launch a spot exchange-traded fund (ETF), makes XRP's positions really strong. In addition, Bitwise, Canary Capital, WisdomTree, and 21Shares have already filed for spot to buy XRP ETFs. And Ripple CEO Brad Garlinghouse has said that such ETFs are inevitable.
The bottom line
Right now the XRP to GBP ratio is 1/2.62 but everything can change.
Crypto prices tend to be volatile. However, government support and the attention of traditional financial institutions can make any currency rise and change the XRP to GBP balance.
In 2025, Ripple's currency has every chance of making another ATH as more and more investors buy XRP, reach another market cap height and joining the top of the crypto list alongside bitcoin, ethereum and other significant assets.
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