XRP Rally May Not Be Over, Says Trader Who Called 2024 Surge

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The XRP narrative is heating up once again, as a prominent crypto trader renews his bullish outlook on the asset — reigniting market speculation about another potential price surge. Don Alt, a well-known name in the digital asset space, is making waves with renewed optimism for XRP, suggesting that the recent rally might only be the beginning of a broader upward movement.

A Proven Track Record: Don Alt’s Previous XRP Call

Back in November 2024, Don Alt made headlines by accurately predicting a major XRP price explosion. At the time, he publicly urged traders to take long positions, calling it “the perfect trade” in a now-viral post on X (formerly Twitter). His forecast proved remarkably accurate: within just three weeks, XRP surged by an astonishing 322%, significantly outperforming most other cryptocurrencies during that period.

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This track record has given his latest commentary substantial weight among retail and institutional investors alike. Now, he’s hinting at what could be a “Round 2” for XRP — a signal that’s hard to ignore given his prior success.

Current Market Dynamics: Is XRP Building Momentum?

After reaching a peak of $0.40 on Bitstamp in January 2025, XRP experienced a sharp correction, shedding more than 50% of its value. However, the token has since rebounded and is currently trading around $2.31 — reflecting a solid intraday gain of approximately 5%. This recovery has caught the attention of technical analysts and macro traders who are watching for signs of sustained bullish momentum.

Several key factors are contributing to renewed confidence in XRP:

These developments suggest that XRP is not just riding on speculation — it's also gaining real-world infrastructure momentum.

Why EVM Support Matters for XRP’s Future

The integration of EVM compatibility marks a pivotal moment in the evolution of the XRP ecosystem. Historically seen primarily as a payments-focused blockchain, the addition of EVM support opens the door to:

Developers can now build and migrate dApps from Ethereum and other EVM-compatible chains with minimal friction. This lowers the barrier to entry and could catalyze a wave of new projects choosing the XRP Ledger for its speed, low fees, and growing tooling support.

As adoption increases, so does the potential for increased demand for XRP — both as a utility token and as a speculative asset.

Market Sentiment and On-Chain Activity

Beyond technical upgrades and trader sentiment, on-chain metrics are also showing signs of life. Recent data indicates rising wallet activity, increased transaction volumes, and growing liquidity on decentralized exchanges supporting XRP pairs.

Moreover, social sentiment analysis tools show a spike in positive mentions across major crypto forums and social media platforms. When combined with Don Alt’s influential voice re-entering the conversation, these signals point toward building bullish pressure.

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Frequently Asked Questions (FAQ)

Q: Who is Don Alt, and why does his opinion matter?
A: Don Alt is a respected crypto trader known for his accurate market predictions, particularly around altcoins like XRP. His successful call on the 2024 XRP rally — which saw a 322% surge — cemented his reputation as a trusted analyst in the community.

Q: What caused XRP’s price drop after January 2025?
A: The decline followed a broader market correction triggered by macroeconomic uncertainty and profit-taking after a strong rally. Despite this, fundamentals remained intact, paving the way for a recovery.

Q: Could an XRP ETF really happen in 2025?
A: While no official approval has been confirmed, increasing regulatory clarity and growing institutional interest make an ETF filing more plausible than ever before. Any formal submission to U.S. regulators would likely trigger significant market reaction.

Q: How does EVM integration benefit XRP holders?
A: It expands use cases for the XRP Ledger, attracting developers and new applications. Greater adoption can lead to increased transaction demand, potentially boosting network value and token utility.

Q: Is XRP still relevant in today’s crypto market?
A: Yes. With its focus on fast, low-cost cross-border payments and now expanded smart contract capabilities, XRP continues to serve both enterprise and decentralized application needs.

Q: What should traders watch for next?
A: Key indicators include ETF developments, trading volume spikes, whale wallet movements, and continued developer engagement on the XRP Ledger.

Looking Ahead: What’s Next for XRP?

While past performance is no guarantee of future results, the confluence of technical progress, growing ecosystem activity, and high-profile trader endorsements paints an encouraging picture for XRP’s trajectory.

Don Alt’s renewed interest acts as both a psychological catalyst and a reminder that market cycles often repeat — especially when fundamentals align with sentiment.

Whether or not another explosive rally unfolds, one thing is clear: XRP is no longer just a payments token. It’s evolving into a multi-functional blockchain platform with increasing relevance in the broader Web3 landscape.

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Core Keywords

With strong fundamentals, improving infrastructure, and rising investor interest, XRP may indeed be poised for another chapter in its dynamic journey. As always in crypto, timing and risk management remain critical — but for those watching closely, the signals are worth noting.