August 2, 2025
Is XRP the Next Bitcoin? Ripple Database Soars as Price Reaches Multi-Year Peak
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Is XRP the Next Bitcoin? Ripple Database Soars as Price Reaches Multi-Year Peak

Jul 21, 2025

XRP has just surpassed its 2018 peak, reaching $3.70 as daily transaction volume on the XRP Ledger jumped 50% to $1.4 billion. This represents a complete ecosystem upward movement. The XRPL is experiencing unprecedented activity, attracting new interest from both institutional investors and retail traders.

Will XRP reach $10 this year? Here’s our forecast below:

“We are observing an unmatched surge in XRPL transactions, reflecting renewed trust from both the developer community and institutional stakeholders.” – David Schwartz, CTO at Ripple

(XRPUSDT)

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There’s a noticeable increase in open interest for XRP derivatives, paralleling the uptick in spot transactions. A classical golden cross is appearing on the chart: the 20-day SMA has crossed over the 200-day SMA, indicating uptrend momentum.

This is already garnering short-term focus and could hint at a larger trend reversal if volumes continue to rise.

With both the MACD and signal line now above zero, XRP has established a uptrend crossover, bolstering the argument for further price gains. Moreover, the token’s perceived acceptance in Washington could provide a regulatory advantage not available to other projects.

 

Most significantly, a cup and handle pattern appears to be developing. If XRP can break above the $3.52 mark with substantial volume, this may confirm the breakout.

Important support levels to keep an eye on include:

  • $3.44: Nearby price floor aligning with the Bollinger Band midline

  • $3.35: Bottom of the handle and a key psychological level

  • $3.28: 200-day SMA, providing a solid long-term foundation

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Is a New XRP All-Time High on the Horizon?

XRP is trading around $3.54, just below its $3.66 all-time high. If it can maintain support above $3.38, a retest—and potential breakout—of those highs seems probable.

In addition, XRP dominance (XRP.D) is nearing 5.75%, a significant price ceiling level not seen in over 2,200 days. Clearing this benchmark could position XRP for remarkable price moves towards the $7–$10 range, according to several analysts from 99Bitcoins.

Concluding Remarks: XRP Might Lead the Upcoming Alternative coin Wave

XRP is displaying all the classic indicators of a leading alternative coin entering a new uptrend phase: heightened transaction activity, increasing prices, growing interest in derivatives, base level from the White House, and discussions about institutional ETFs. Nevertheless, emerging concerns from new crypto wallet data and HODLer behaviors indicate a possible short-term pullback or consolidation ahead.

Monitor the 0.038 Bitcoin barrier level on the XRP/BTC chart and the 5.75% level on XRP.D for the next indication. If past trends hodl true, XRP’s most significant rally may still be coming.

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Key Takeaways

  • XRP has just surpassed its 2018 peak, reaching $3.70 as daily transaction volume on the XRP Ledger increased 50% to $1.4 billion.
  • XRP may be primed for dramatic price activity towards the $7–$10 range, as per various analysts at 99Bitcoins.

The post Is XRP the New Bitcoin? Ripple Database Surges as Price Hits Multi-Year High appeared first on 99Bitcoins.

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