XRP ‘doubles down’ on its price, but is $10 really within reach? – BitRss

• XRP ($3.11) adoption saw an uptick as wallet addresses surpassed 6.4 million, fueling long-term confidence in the ecosystem
• Analysts say $10 is possible, but optimal re-entry points lie below $2.80

XRP has been attracting global attention lately, thanks to the fact that its price doubled in recent months. In fact, the altcoin rose from $0.50 in late 2024 to $3.18 in January 2025. 

With total wallet addresses surpassing 6.4 million and in light of XRP Ledger’s rising adoption, traders are now closely watching whether the cryptocurrency can hit $10 or not. 

XRP’s rally and price levels

XRP recorded a rapid rally on the charts, climbing from a low of $0.50 in late 2024 to a peak above $3.30 by early 2025. This parabolic hike was a sign of strong demand, entailing a resurgence in market activity. However, XRP failed to sustain its momentum to hit a new all-time high of $3.40. In fact, the altcoin had retreated to a price of $3.18 at press time.

Trading volume over the last 24 hours hit $8.23 billion too, while the circulating supply of 58 billion XRP gave it a market cap of $183 billion. 

Worth noting, however, that despite the a…