Home Altcoins News XRP Breaks $2.50 Barrier – Eyes on $3

XRP Breaks $2.50 Barrier – Eyes on $3

XRP

XRP has recently made waves in the cryptocurrency market, breaking past the $2.50 resistance level with a remarkable surge of over 14%. This price movement signals a renewed market confidence, largely driven by strategic accumulation, surging network activity, and a pivotal regulatory shift. As XRP pushes forward, the cryptocurrency appears to be charting its own path, detached from the broader altcoin market trends.

XRP’s Price Surge and Technical Breakout

For over twelve days, XRP struggled to break the $2.50 resistance. During this time, the price fluctuated between $2.40 and $2.45, with several failed attempts to move higher. However, a breakthrough finally came when XRP closed above the $2.50 mark, signaling the start of a new bullish cycle. This successful breakout has ignited renewed investor interest, propelling the token toward higher price levels.

The price movement beyond the $2.50 resistance is crucial for XRP’s technical outlook. The breakout signals the possibility of further gains, with the next major target being the $3.00 resistance zone. This upward momentum suggests that XRP may continue to rise, distancing itself from the broader altcoin market trends and establishing itself as an independent asset.

Rising Network Activity and Investor Confidence

One of the key drivers behind XRP’s recent surge is the substantial growth in network activity. Data from CryptoQuant reveals that the number of active addresses on the XRP Ledger has grown significantly, rising to 70,000 active addresses in March 2025. This is six times higher than the levels seen in the first two months of the year when the number ranged between 10,000 and 12,000.

The increase in active addresses reflects a growing acceptance and utility of the XRP network, which has directly supported its price movement. Historically, spikes in network activity have preceded major price rallies, and this current surge could signal the start of a longer-term uptrend for XRP. As more users engage with the XRP Ledger, the cryptocurrency’s value proposition continues to strengthen, and investor confidence grows.

Strategic Accumulation by Large Holders

XRP’s price growth has also been fueled by strategic accumulation by large holders. Data from Santiment highlights that major XRP holders have maintained their purchase activity, with big wallet stakeholders increasing their holdings by 6.5% over the last two months. As of the latest figures, these large holders control a massive 46.4 billion XRP tokens. This sustained accumulation suggests that these investors continue to see long-term value in XRP, further driving the upward trend.

The strong support from large holders is a positive sign for XRP’s price potential. With these investors continuing to build their positions, the market sentiment surrounding XRP remains bullish. Their purchasing activity adds a layer of stability to XRP’s price, indicating that the recent rally could be the beginning of a longer-term upward trend.

Regulatory Victory Boosts Market Sentiment

A significant factor behind XRP’s recent rise is the legal victory Ripple received in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). In December 2020, the SEC filed a lawsuit against Ripple, claiming that XRP was an unregistered security. However, in a pivotal turn of events, the SEC dropped its appeal against Ripple in March 2025, effectively ending the legal battle.

This resolution, which upheld the July 2023 ruling classifying XRP as a non-security in secondary trading, has removed a major regulatory hurdle. The legal clarity provided by this decision has been a crucial factor in improving market sentiment. With the regulatory uncertainty lifted, both retail and institutional investors have gained confidence in XRP’s future prospects.

The Road Ahead for XRP

Looking ahead, XRP’s potential for continued growth appears strong. The recent price surge, coupled with increased network activity and a favorable regulatory environment, has positioned XRP for further gains. If the bullish momentum continues, XRP could make its way toward the $3.00 resistance level, setting the stage for even higher targets in the future.

With a solid foundation built on investor confidence, network growth, and regulatory clarity, XRP is positioning itself as one of the top contenders in the cryptocurrency space. As the market continues to evolve, XRP’s ability to maintain its independence from broader altcoin trends will be key to its long-term success.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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