As of February 13, 2025, XRP is trading at approximately $2.48, reflecting a 3.76% increase in the last 24 hours.
In recent days, XRP has experienced notable price movements. On February 11, it rose by 3.3% to $2.51, coinciding with investor anticipation of the January consumer price index report. However, on February 10, XRP saw a slight decline of 0.7% to $2.45, following the Trump administration's announcement of imposing 25% tariffs on all steel and aluminum imports.
Analysts have varied predictions for XRP's future. Some suggest it could reach $3 by the end of 2024, while others forecast a rise to between $5 and $7 by mid-2025, citing Ripple's advancements in cross-border payments. However, these projections are subject to market volatility and regulatory developments.
It's important to note that XRP's price is influenced by various factors, including market sentiment, regulatory actions, and technological developments within the Ripple ecosystem. Investors should exercise caution and conduct thorough research before making investment decisions.