The costs of cryptocurrencies have soared in 2024, particularly hitting enormous positive aspects and a few hitting new all-time highs shortly after the 2024 presidential election.
One of many hottest cryptocurrencies of late is XRP Token XRP/USD from Ripple. Benzinga lately polled readers to see if XRP will sustain its robust positive aspects in 2025 or if different huge cryptocurrencies can outperform.
What Occurred: The XRP Token is up 279% year-to-date and has smashed via new one-month and one-year highs in current weeks, and will have extra room to run to strategy all-time highs set again in 2018.
With XRP ETFs filed and the idea that the brand new White Home administration may very well be extra pro-crypto and pending circumstances in opposition to Ripple might fade away, the cryptocurrency has climbed and plenty of imagine it might go increased.
Benzinga lately requested readers their ideas on XRP versus different cryptocurrencies for 2025.
“Do you suppose any of those cryptos will outperform XRP in 2025?” Benzinga requested.
These had been the outcomes:
- Bitcoin BTC/USD: 28%
- Solana SOL/USD: 15%
- Dogecoin DOGE/USD: 13%
- Ethereum ETH/USD: 10%
- Shiba Inu SHIB/USD: 10%
- Hedera HBAR/USD: 1%
- Not one of the Above: 24%
Bitcoin received the ballot with 28% of readers believing the main cryptocurrency will outperform the opposite choices in 2025.
Rating second within the ballot was Not one of the Above, which implies 24% of readers suppose XRP will outperform the opposite six cryptocurrencies together with Bitcoin in 2025.
Learn Additionally: EXCLUSIVE: Bitcoin Briefly Tops $100,000, However The place Do Benzinga Readers Predict It Will End 2024?
Why It is Vital: Two components that would assist predict which cryptocurrencies will outperform in 2025 are the present year-to-date returns and whether or not the cash have hit new all-time highs within the present bull run.
Listed here are the present costs and year-to-date returns:
- Bitcoin: $99,758.18, +125.7%
- Solana: $239.25, +129.7%
- Dogecoin: $0.4369, +375.1%
- Ethereum: $4,039.69, +71.3%
- Shiba Inu: $0.00003095, +198.0%
- Hedera: $0.2932, +238.4%
- XRP: $2.39, +279.1%
The listing above reveals that Dogecoin carried out the perfect among the many cryptocurrencies within the ballot, adopted by XRP and Hedera. Which means that a kind of cash could be the highest performer after an enormous run-up in worth in 2024.
Of the cryptocurrencies within the ballot, Bitcoin and Solana are the one two which have reached new all-time highs prior to now two weeks.
Listed here are the opposite cryptocurrencies and their all-time highs:
- XRP: $3.84, Could 2018
- Dogecoin: $0.7376, Could 2021
- Ethereum: $4,891.70, November 2021
- Shiba Inu: $0.00008845, October 2021
- Hedera: $0.5701, September 2021
Nearly all of the cryptocurrencies that haven’t set new highs for the reason that 2024 election had all-time highs hit throughout the bull run in 2021, with XRP the exception.
A current Benzinga ballot discovered that 41% of readers weren’t fascinated by shopping for XRP, and 28% believed they missed out on the chance to purchase cryptocurrency. The opposite respondents stated they already purchased XRP (19%) or had been planning to purchase XRP on a pullback (12%).
With 2025 lower than one month away, will probably be attention-grabbing to see which cryptocurrencies hit new highs and are prime performers subsequent yr.
Learn Subsequent:
The research was performed by Benzinga from Dec. 3 via Dec. 4, 2024, and included the responses of a various inhabitants of adults 18 or older. Opting into the survey was utterly voluntary, with no incentives provided to potential respondents. The research displays outcomes from 131 adults.
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