XRP Nears All-Time High as Optimism Grows Around Regulation and Utility

XRP surged past the $3.00 mark on Monday, reaching its highest level in six months. Analysts point to improving sentiment around the token’s real-world use and a more favorable regulatory climate. According to CoinGecko, XRP was trading at $2.92, up 2.2% on the day and 27% over the past week.

Matt Kreiser, an analyst at Messari, noted that XRP’s recent price action mirrors the bullish trends seen late last year, especially following President Trump’s re-election. Kreiser linked the rally to broader market confidence tied to crypto-friendly policies.

Kreiser highlighted the XRP Ledger’s built-in compliance features, which may appeal to financial institutions exploring on-chain tokenization of assets like stocks and bonds. In addition, the upcoming support for smart contracts and an Ethereum-compatible sidechain are expected to expand XRP’s utility and appeal.

XRP’s legal uncertainty has faded since the U.S. SEC concluded its case against Ripple Labs. Ripple CEO Brad Garlinghouse recently emphasized the company’s collaboration with BNY to secure stablecoin reserves as a sign of growing institutional trust in the ecosystem.

Carlos Guzman of GSR noted that retail investors are returning to familiar names from the last crypto bull run. Cardano, for instance, also jumped 27% this past week to $0.73. These projects, widely listed and recognized, are experiencing a wave of renewed interest.

Investment bank Standard Chartered remains bullish on XRP, forecasting a rise to $5.50 by year-end. The bank cited a potential XRP-backed ETF, broader stablecoin adoption, and growing tokenization trends as key drivers for continued growth.