Popular pseudonymous crypto analyst Don Alt has sparked new excitement around XRP, suggesting on X (formerly Twitter) that the altcoin may be ready for “Round 2” of its rally. Known for accurately calling XRP’s explosive price move in Q4 2024, Don Alt now hints at another breakout as bullish signals build.
Last November, Don Alt urged followers to “long XRP,” calling it “the perfect trade.” The result was a dramatic 322% surge in just 20 days, with XRP peaking at $0.40 on Bitstamp by mid-January 2025. After a 52% correction that bottomed at $1.60 in April, XRP is now showing signs of recovery, currently trading at $2.31, up 5% in the past 24 hours.
Fueling renewed optimism are several bullish catalysts. Most notably, the potential approval of a spot XRP ETF this summer could significantly boost institutional interest. Furthermore, the XRP Ledger (XRPL) has achieved full compatibility with the Ethereum Virtual Machine (EVM), enhancing its utility and attracting more developers to the network.
Despite its recent stagnation, XRP remains a top altcoin, and market watchers are eyeing it closely as momentum returns. With historical precedent on its side and improved infrastructure, XRP may be setting the stage for another major price rally—especially if Don Alt’s call proves as accurate as last year.
As interest in XRP intensifies, investors should remain alert to market developments and regulatory shifts that could drive price action in the months ahead. If ETF approvals and XRPL enhancements align, XRP’s next leg up may be closer than expected.
Comment 0