Latest news with #EdoFarina
Yahoo
13-05-2025
- Business
- Yahoo
XRP overtakes Tether, analyst says it could hit $10 in 2025
XRP has officially overtaken Tether (USDt) to become the third-largest cryptocurrency by market cap, now valued at over $151 billion. This milestone comes as XRP continues its strong bull run, with the token trading at $2.59, up 10.2% in the last 24 hours and 22.4% over the past week, according to Kraken's price feed. Now, one crypto analyst believes XRP's rally is only getting started — and that the price could climb to $10 or more in 2025. Crypto analyst Edo Farina shared his bullish take on X (formerly Twitter), pointing to several key factors behind his price projection. One of the biggest catalysts, according to Farina, is Bitcoin Dominance (BTC.D) — a metric that tracks how much of the total crypto market belongs to Bitcoin. He notes that when BTC.D drops, it often signals the start of an altcoin season, which could push XRP and other tokens higher. Another major factor is the regulatory clarity Ripple now enjoys in the U.S. after resolving its long-running lawsuit with the SEC. Farina argues that XRP must become central to global payments and real-world asset (RWA) tokenization. Ripple is already making moves in that direction — reportedly contributing to the digital Euro rollout and acquiring key players like Hidden Road, with potential talks around buying Circle, the issuer of USDC. Another potential game-changer? XRP ETFs. If the SEC approves exchange-traded funds for XRP, Farina believes demand could explode. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
12-05-2025
- Business
- Time of India
XRP price to reach $10 in 2025? Crypto analyst decodes factors that could drive its surge
XRP , one of the largest cryptocurrencies, could reach as high as $10 or more even than that in 2025, as per the latest prediction by a famous crypto analyst. #Operation Sindoor The damage done at Pak bases as India strikes to avenge Pahalgam Why Pakistan pleaded to end hostilities Kashmir's Pahalgam sparks Karachi's nightmare Currently trading at around $2.55, XRP price has gained significant momentum in the current bull cycle. It has climbed from $1.75 on April 9, 2025 to more than $2.50 now. Edo Farina, XRP supporter and crypto analyst on X, highlighted several major factors that are soon expected to increase the crypto's demand, besides boosting its adoption in the global market. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Luxury Residences In Bengaluru By Lodha Group Lodha Hosa Road Book Now Undo Will XRP price reach $10? In the current cycle, XRP has emerged as a leading altcoin in the early phase itself. This is quite different from the earlier times when it used to witness a jump only towards the end. Farina recently shared a video on the Elon Musk-owned social media platform predicting XRP's potential price in the months to come. He has even discussed multiple factors that might drive this surge. Live Events Also Read : UK announces measures to tighten immigration policies amid rising voter anger In his close to three-and-a-half minute video, Farina talks about Bitcoin Dominance, looking at it as a major indicator for the price movements of altcoins. At the moment, the price for BTC.D is said to be relatively higher, even though its dominance has declined from 40% to 30%. According to Farina, this marks the onset of the altcoin season. He thinks XRP holds the potential to see a 4X rally from its current price. This means XRP price can reach anywhere around the $10 mark and even more than that, the crypto analyst predicts. A key reason behind its surge in price is the current market cycle. Breaking the mold, the cryptocurrency has performed well early on, contrary to its history of late-stage rallies. With XRP trading above $2 as well as Bitcoin dominance remaining stronger, Farina believes that is a pivotal sign towards "decoupling" from the traditional movements in the market, according to The Crypto Basic. Regulatory clarity One of the major catalysts that could potentially be driving XRP's bullish outlook is the resolution to the long-standing lawsuit between Ripple and the Securities and Exchange Commission (SEC). With XRP no longer being classified as a security in the country, Ripple now is free to offer the token to several financial institutions. This will boost investor confidence and can even lead to its adoption globally, Farina said. Also Read : Who is Edan Alexander? American-Israeli hostage set to be freed by Hamas after more than 500 days in Gaza FAQs 1. How much to pay for 1,000 XRP taking into consideration Edo Farina's projection? Going by Farina's prediction, investors will be required to pay $10,000 for 1,000 XRP if its price reaches $10. 2. What are the largest cryptocurrencies worldwide? These include Bitcoin, Ethereum, XRP, Tether, BNB, Solana, USDC and Dogecoin among others.
