XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers
The post XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers appeared on BitcoinEthereumNews.com. Key Notes XRP price to close April on a positive note, the first time in 3 years. The coin’s growth stems from positive advances within the Ripple Labs ecosystem. Hopes of a sustained bullish reversal are now tied closely to the general market outlook. Ripple Labs-backed XRP is eyeing a more bullish rebound after breaking a three-year negative growth trend. According to historical data, after three years of trading red in April, XRP is now back in green. XRP Picks Up Steam XRP has joined the list of top crypto gainers amid a general market recovery in recent weeks. XRP bulls are gearing up this month, as historical data from CryptoRank shows a breakout from a three-year price downtrend in April. According to the data, the XRP price gained 9.03% in April 2025. This rally marks a significant shift for XRP, which saw consistent losses in April 2022, 2023, and 2024. The losses were 27.8%, 12.4%, and 20.8%, respectively. XRP’s recovery this month is not surprising. The digital asset has seen an average of 25.1% gain in the last 12 years, positioning it as the fourth-best month based on average growth. The latest ecosystem developments partly drive the shift in sentiment. These include buzz about the XRP ETF, the Ripple versus SEC lawsuit resolution, the acquisition of Hidden Road, and the potential IPO launch. Top asset managers, including Grayscale Investments, Bitwise, Canary Capital, and WisdomTree, have filed with the US SEC to list a spot XRP ETF. Polymarket has increased XRP ETF approval odds in the US by the end of 2025 to 81%. The US SEC has acknowledged Bitwise’s spot XRP ETF in a 19b-4 filing and posted Grayscale’s spot XRP ETF 19b-4 filing on the Federal Register. The SEC’s acknowledgement has increased the odds of approval ahead, fueling…
The post XRP Breaks 3-Year Negative Growth Trend, Here Are Key Drivers appeared on BitcoinEthereumNews.com.
Key Notes XRP price to close April on a positive note, the first time in 3 years. The coin’s growth stems from positive advances within the Ripple Labs ecosystem. Hopes of a sustained bullish reversal are now tied closely to the general market outlook. Ripple Labs-backed XRP is eyeing a more bullish rebound after breaking a three-year negative growth trend. According to historical data, after three years of trading red in April, XRP is now back in green. XRP Picks Up Steam XRP has joined the list of top crypto gainers amid a general market recovery in recent weeks. XRP bulls are gearing up this month, as historical data from CryptoRank shows a breakout from a three-year price downtrend in April. According to the data, the XRP price gained 9.03% in April 2025. This rally marks a significant shift for XRP, which saw consistent losses in April 2022, 2023, and 2024. The losses were 27.8%, 12.4%, and 20.8%, respectively. XRP’s recovery this month is not surprising. The digital asset has seen an average of 25.1% gain in the last 12 years, positioning it as the fourth-best month based on average growth. The latest ecosystem developments partly drive the shift in sentiment. These include buzz about the XRP ETF, the Ripple versus SEC lawsuit resolution, the acquisition of Hidden Road, and the potential IPO launch. Top asset managers, including Grayscale Investments, Bitwise, Canary Capital, and WisdomTree, have filed with the US SEC to list a spot XRP ETF. Polymarket has increased XRP ETF approval odds in the US by the end of 2025 to 81%. The US SEC has acknowledged Bitwise’s spot XRP ETF in a 19b-4 filing and posted Grayscale’s spot XRP ETF 19b-4 filing on the Federal Register. The SEC’s acknowledgement has increased the odds of approval ahead, fueling…
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