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XRP Price If It Is Able to Replicate Rally That Took XRP from $0.5 to $3.4

XRP price saw massive growth from November 2024 to January 2025, but could the asset replicate this run in the foreseeable future?

The crypto market has come to a halt following the massive uptrend witnessed between November 2024 and January 2025 on the back of Donald Trump’s victory in the latest U.S. presidential election.

While the market has witnessed occasional upswings since then, like the one observed from early to mid-May, none have equaled the November 2024 to January 2025 run. Interestingly, XRP, which saw extensive price suppression throughout 2024, was one of the biggest beneficiaries of this rally.

For context, the asset began November 2024 with a price of $0.50 but rallied by a massive 283% that month alone. This represented its largest monthly gain since December 2017, seven years ago