Jake Gagain, a notable media personality, has revealed his XRP price target for 2025 in a scenario where Bitcoin rises 24% and Ethereum spikes 28%.
The crypto market has continued to show that the bull run remains intact, often recovering after each drawdown. Notably, the latest recovery effort emerged after a massive drop in prices from late July to early August. After the total crypto market cap slumped to $3.56 trillion on Aug. 2, it recovered, rising to the current value of $3.87 trillion.
Interestingly, data from the Bitcoin dominance chart, which has collapsed from 62.6% to 60% through this recovery, indicates that altcoins like Ethereum have championed the latest rebound effort, potentially leading to the much-awaited altcoin season.
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XRP Price Target for 2025
Amid this growing trend, several market watchers have presented what they believe could be the top prices of several crypto assets. Jake Gagain is the latest to make such a presentation, predicting price targets for Bitcoin, Ethereum, XRP, and other top mainstream assets.
Specifically, Gagain noted that the XRP price target for 2025 sits at $7.75, which would mark a new all-time high. Notably, XRP currently changes hands at $3.32, having gained nearly 10% in August alone. From this position, XRP would need to rally by just 133% to reach the $7.75 projected top price.
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