- Crypto analyst Steph believes XRP has broken out of a long-term downtrend in market dominance, signaling a potential surge in value by the end of 2025.
- If XRP reaches $5–$10 during the next bull run, 2,000 tokens could be worth between $10,000 and $20,000.
As the crypto market gears up for its next major bull cycle, attention is once again turning to XRP, Ripple’s native token. Crypto analyst Steph recently shared a bullish projection for XRP, pointing to a significant technical breakout in the asset’s long-term market dominance trend. For investors holding XRP, the outlook for 2025 could be promising—especially for those holding 2,000 tokens.
XRP Breaks Out of Seven-Year Downtrend
According to Steph, XRP has officially broken out of a long-term downtrend in market dominance that dates back to 2017. This trendline has historically acted as a ceiling for XRP’s share of the broader cryptocurrency market, but recent price action suggests that XRP could be poised for a resurgence.
During the 2017 bull market, XRP’s dominance peaked at around 30%. As of the time of Steph’s analysis, XRP’s market dominance hovered around 4%, a notable increase from previous years but still far from its former highs. The breakout suggests a potential reversal that could see XRP gain a much larger share of the market in the coming cycle.
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Current Market Share Still Modest
XRP’s current position in the crypto ecosystem reflects both challenges and opportunities. While Bitcoin continues to dominate with 62% market share and Ethereum holds approximately 10%, XRP’s 4% shows there’s significant room for growth. The token has long been entangled in regulatory uncertainty due to the SEC lawsuit against Ripple, which has contributed to its underperformance relative to other top assets.
However, with growing optimism around a potential resolution to the legal case and the technical indicators aligning, market sentiment around XRP is turning more favorable.
Potential Valuation by 2025
Steph didn’t give an exact price target, but based on market dynamics and historical trends, XRP could potentially reclaim a substantial portion of its past dominance. If XRP were to reach $5—a figure some analysts have floated as plausible during a bull run—a holding of 2,000 XRP would be worth $10,000. Should XRP push toward higher speculative targets like $10, the value could soar to $20,000.
While these outcomes are speculative, XRP’s renewed momentum and the broader market’s bullish outlook could make 2025 a breakout year for long-term holders.