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Is Ripple (XRP) on Track to Hit $1 by 2025?

TheMotleyFool

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Is Ripple (XRP) on Track to Hit $1 by 2025?: https://g.foolcdn.com/editorial/images/782390/blockchain-cryptocurrency-data.jpg

XRP (CRYPTO: XRP), the native cryptocurrency of the Ripple payment network, was launched in 2013 with the earliest trading price of $0.0058893 per token. By Jan. 4, 2018, its price had soared to an all-time high of $3.84.

That rally would have turned a $100 investment into more than $65,200. But today, XRP trades at about $0.48, so that investment would have shrunk to about $7,980. A 7,880% gain in 11 years is still pretty impressive, but can XRP rise above the $1 threshold again by the end of 2025? Let's review its near-term challenges to find out.

Image source: Getty Images.

Source Fool.com

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