XRP’s Surprising Performance

Sometimes, even the most bullish traders get surprised. That is exactly what happened with XRP. A well-known trader, DonAlt, had expected the asset to stick between $2 and $2.60 for a while. Instead, XRP broke through that range faster than anticipated. It outperformed expectations and was stronger than projected. DonAlt called the chart “excellent.”

Bitcoin is still hovering below $100,000. Other altcoins? Many have taken serious hits, dropping tens of percentage points. XRP also dipped, down 20.25% from its January all-time high. But no need to panic. Some say a correction like this is healthy – necessary, even.

Why is XRP Holding Up?

XRP is holding up well due to both fundamentals and technicals. On the fundamental side, there is ETF speculation. The SEC has multiple applications on the table, and investors are paying attention. If an XRP ETF gets the green light, that could shift the market.

> $XRP
>
> I’m bullish on this thing and even I expected a longer range in between $2 and $2.6
> It’s outdone my expectations
>
> Excellent chart pic.twitter.com/zvoIlXPyDB
> — DonAlt (@CryptoDonAlt) February 19, 2025

On the technical side, there is a growing group of major XRP holders. Santiment reports that since early December, the number of wallets holding over 100,000 XRP has increased by 261. That is a 0.8% rise – not groundbreaking, but steady.

No Wild Hype

The numbers tell a compelling story. XRP’s market cap is up 6% yesterday. Over the past week, there has been a 9% gain. Compare that to the broader crypto market, and XRP stands out as one of the few bright spots.

Even more impressive, XRP’s price against Bitcoin has surged 297% since November 11, 2024. In a market where many altcoins are struggling, that is no small feat.

This kind of price action is not random. It is a mix of speculation, market positioning, and long-term investor confidence. XRP continues to attract attention – not just for its performance but for the broader potential it represents. ETF possibilities, institutional interest, and a growing base of committed holders. No wild hype. Just a strong, steady presence in a market full of uncertainty.