XRP continues to capture market attention as it navigates a volatile trading phase with unpredictable price fluctuations. The cryptocurrency has shown resilience, posting a 5.86% gain in the past 24 hours and trading at $2.49.
To get an idea of what price range XRP would trade at by month’s end, we queried OpenAI’s ChatGPT. According to the ChatGPT cryptocurrency prediction, the value of XRP is expected to rise by almost 16 percent to $2.80 per coin by March 31, 2025. Notably, this prediction deviates from the expected $4 bullish surge forecasted by key crypto analysts.
The AI model noted that factors such as rising regulations and robust institutional support will be vital drivers. Moreover, the recent inclusion of XRP in a newly formed national cryptocurrency reserve has significantly boosted investor confidence in its future.
Also Read: Ripple (XRP) Lawsuit Update: What You Need to Know About an SEC Dismissal
Trump’s Announcement Sparks Optimism in the Crypto Market
The US President announced the creation of a national cryptocurrency reserve in which XRP, SOL, and ADA will be invested. It is widely regarded as a major policy shift as the government intensifies its focus on using distributed ledgers in the financial sector.
This announcement prompted what undoubtedly became a short-term increase in the XRP price, which garnered attention from investors across the globe and highlighted its potential value in the realm of finance.
The adoption of XRP as an official currency is evidence of the further expansion of cryptocurrency in the international financial arena. Industry experts posit that this trend will likely enhance institutional usage and bring a more definite form to digital currency.
Regulatory Recognition Adds to XRP’s Legitimacy
XRP’s prominence received further validation after its mention in the US Federal Register. This recognition signals its growing influence in financial transactions and distinguishes it from digital assets primarily used as stores of value.
This acknowledgment is a major positive signal for institutional investors seeking regulatory clarity before integrating digital assets. XRP’s market cap has risen to $144.72 billion, with a 24-hour trading volume of approximately $9.53 billion across global exchanges.
The cryptocurrency’s circulating supply currently stands at 57.94 billion XRP, reflecting its significant presence within the digital asset market. XRP’s price movements remain closely tied to broader cryptocurrency trends, with Bitcoin and Ethereum showing signs of renewed bullish momentum.
Source: CoinMarketCap
Historically, altcoins such as XRP have followed the price direction of major cryptocurrencies during periods of increased market confidence. If bullish momentum continues, XRP could potentially rebound toward the projected $2.80 mark before the end of March.
Conclusion
The combination of political endorsements, regulatory recognition, and increasing institutional adoption strengthens XRP’s position for minimal price appreciation in the short term.
Also Read: SEC Has Dismissed Ripple (XRP) Lawsuit, EX White House Official Reveals
