XRP has broken its previous all-time high, reaching $3.55, marking a significant milestone after more than seven years. The last record of $3.40 was set during the 2017 bull market.
The token’s dramatic price movement comes amid a broad altcoin resurgence, with the overall crypto market riding a wave of bullish sentiment triggered by the success of spot ETFs and increasing investor appetite for risk assets. XRP’s price rose over 30% in the past week alone, reflecting renewed optimism around the asset and its ongoing legal clarity.
Trading volume for XRP has also spiked significantly, surpassing $9 billion in daily volume on major exchanges. This surge places XRP among the top-traded assets alongside Bitcoin and Ethereum, reinforcing its strong presence in the current market cycle.
REGULATION | Dubai Regulator Greenlights @Ripple‘s $RLUSD Stablecoin Within the Economic Zone Serving Middle East, Africa, and South Asia
The economic zone, which served as a hub for nearly 7,000 registered businesses by 2024https://t.co/dv32d8nEBN @XRP_ARMY_RIPPLE pic.twitter.com/zDV3ckd4Yg
— BitKE (@BitcoinKE) June 3, 2025
The rally follows sustained enthusiasm around the resolution of Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). A series of favorable rulings throughout 2023 and 2024 helped boost investor confidence, with Ripple executives signaling expanding adoption and partnerships – particularly in regions outside the United States.
Analysts attribute XRP’s momentum to both technical and fundamental catalysts.
“With the SEC case largely behind it and increasing adoption of Ripple’s On-Demand Liquidity (ODL) solution globally, XRP is positioned to benefit from the next leg of the altcoin cycle,” said crypto strategist Eliza Trent at Blockwave Analytics.
The price milestone also coincides with the re-entry of retail investors, many of whom were sidelined since the last market top in 2017. This renewed retail participation, alongside institutional interest, is expected to support XRP’s price stability in the near term.
While volatility remains a concern, the breakout above its 2017 peak is being seen by many traders as a bullish signal that could open the door to higher price targets if broader market conditions remain favorable.
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