Ripple jumped to $2.50 - XRP is projected to potentially rise to $3.

CompassInvestments
XRP-0,28%

XRP has broken out of the altcoin herd, adding another 14% to break the $2.50 mark.

XRP has seen a significant increase in the number of active addresses on the #XRP network, indicating an increase in acceptance. The recent rise in the price of Ripple[XRP], along with a technical breakthrough, reinforces its positive market outlook. Santiment data shows that large holders of XRP continue to buy aggressively, with large wallet holders increasing their holdings by 6.5% to 46.4 billion tokens in two months. Growing investor confidence continues to drive market demand and price growth, as evidenced by recent trends. For twelve days, the resistance level of $2.50 has been resisting attempts to break through. The price movement between $2.40 and $2.45 resulted in red candlesticks signaling failed attempts. However, a green candle appeared at $2.50 and successfully closed above this critical resistance level. This breakout signals the beginning of a new buying cycle by investors, which helps prices to continue to rise. A strong uptrend could push XRP to the $3.00 resistance level, further separating it from movements in the broader altcoin market. The recent rise in the price of XRP #Ledger coincides with a significant increase in the number of active addresses, indicating a rise in popularity and demand. According to CryptoQuant, the number of active addresses #rose to 70,000 in March 2025 - six times more than in the first two months of the year. Previously, the number of active addresses fluctuated between 10,000 and 12,000. This network growth reflects the sharp rise in the price of XRP, which rose from $0.60 in early 2024 to $2.50 by March 2025. The spike in the number of active addresses preceded significant price changes, fueling the move from $1.50 in late 2024 to the current peak.

XRP received a significant regulatory boost when the SEC dropped its lawsuit against #Ripple .

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