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XRP Targets $3 as April Trends and Wallet Activity Surge

Sun, 13 Apr 2025, 07:27 am UTC

XRP Targets $3 as April Trends and Wallet Activity Surge. Source: TokenPost

XRP is gaining bullish momentum this April, historically one of its best-performing months. According to Cryptorank, XRP has averaged 24.3% growth each April over the past 10 years, making it the fourth-strongest month for the token. While it's currently down 1.10% in the first 12 days, recent price recovery and a surge in user adoption are fueling optimism among investors.

After briefly dipping to $1.6553 due to market-wide weakness and global trade uncertainty, XRP rebounded to over $2. This sharp recovery was driven by network activity, with active XRP wallets skyrocketing by 620%—from 74,589 to 462,650—far outpacing Bitcoin’s 10% growth in the same period. This massive increase signals strong adoption and rising community engagement.

Regulatory clarity is also boosting sentiment. Ripple CEO Brad Garlinghouse recently confirmed a resolution with the SEC, lifting a major overhang on XRP. Additionally, new filings for spot XRP ETFs are in progress, which could pave the way for broader institutional participation in the near future.

Currently trading at $2.06, XRP is up 2.02% in the last 24 hours. Despite a 27.45% drop in daily trading volume to $2.98 billion, analysts believe the token has a strong chance of testing the $3 level before April ends—especially if momentum continues and institutional interest picks up.

With April’s bullish track record, explosive wallet growth, and improving regulatory conditions, XRP is well-positioned to push higher. As market conditions align, investors are closely watching whether XRP can reclaim key resistance levels and set the stage for a major rally.

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Great article. Requesting a follow-up. Excellent analysis.

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Great article. Requesting a follow-up. Excellent analysis.
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