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XRP Ends 3-Year Negative Growth Trend with 9.03% April Gain
XRP Recovery Overview
- XRP has ended a three-year downtrend, gaining 9.03% in April 2025.
- This follows losses of 27.8%, 12.4%, and 20.8% in April of 2022, 2023, and 2024 respectively.
- The average growth in April over the last 12 years is 25.1%, making it historically strong for XRP.
- Key drivers include potential XRP ETF approvals and resolution of the Ripple versus SEC lawsuit.
- Notable asset managers have filed to list spot XRP ETFs, increasing approval odds to 81% by the end of 2025.
- Ripple's RLUSD stablecoin volume recently exceeded $124 billion; its market cap is over $317 million.
XRP Price Analysis
- XRP price stands at $2.28, down 1% in the last 24 hours.
- Weekly increase: 7.1%; monthly increase: 6.5%.
- Daily trading volume decreased by 37% to $2.9 billion, indicating low market activity.
- Technical indicators suggest XRP could rise to $2.50 to $3 if current trends hold.
- Traders are optimistic about maintaining bullish momentum through April.
XRP’s price chart. Source: TradingView.com