XRP is used to wild price fluctuations. The asset experienced its worst period from December 2020 to late 2024. It was only after the SEC vs. Ripple case neared its conclusion that XRP began to rise. XRP rose to an all-time high of $3.65 in July of this year, its highest price in more than seven years. However, the price of XRP has been gradually declining since its July highs, falling more than 47% from its peak. According to CoinGecko data, XRP is down 0.1% in the past 24 hours, 4% week over week, 7.6% on the 14-day chart, 0.5% month over month, and 12.9% since December 2024. Let’s discuss whether XRP can rise to $2 by the end of the year.
Could XRP rise to $2 due to increased demand?
XRP is one of the most popular cryptocurrencies on the market. However, this asset does not seem to be in much demand at the $2 level. The price of XRP seems to be settling around the $1.90 to $1.95 level. In fact, the larger crypto market itself is showing signs of consolidation. Bitcoin (BTC) could top out near the $88,000 to $89,000 level. Other cryptocurrencies are simply following in the footsteps of BTC.
If Bitcoin (BTC) can regain the $90,000 price level, XRP could reach the $2 mark. The original cryptocurrency is currently struggling to break above the $89,000 level. BTC’s struggles are likely affecting XRP and other assets as well.
XRP also launched several spot ETFs earlier this year. More than $1 billion has flowed into XRP ETF products to date. Although ETF inflows played an important role in the 2025 crypto market cycle, XRP ETF inflows were not enough to push up the asset price. Increased ETF inflows could push XRP above the $2 mark.