Growth Points Round 1️⃣ 1️⃣ Summer Lucky Grand Draw is on fire!
Draw now for your chance to win an iPhone 16 Pro Max and exclusive merch!
👉 https://www.gate.com/activities/pointprize?now_period=11
🎁 100% win rate! Complete simple tasks like posting, liking, commenting in Gate Post to enter the draw.
iPhone 16 Pro Max 512G, Gate hoodies, Sportswear, popular tokens, Futures Vouchers await you!
Collect just 2 fragments to easily redeem Gate merch—take your rewards home!
Ends on June 4th, 16:00 UTC. Try your luck now!
More info: https://www.gate.com/announcements/article/45185
XRP Price Prediction for 2025: XRP Market Dominance Breaks Years-Long Trend
Steph Is Crypto (@Steph_iscrypto), a reputable voice in the field of digital assets, recently shared a video on X analyzing the current market dominance of XRP. In the video, he pointed out an important technical development: a clear breakthrough from the long-term downtrend in XRP's dominance, which has lasted since 2017. Market dominance refers to the market capitalization share of the overall cryptocurrency market held by a specific asset. In 2017, during the peak of the previous bull market, XRP's dominance peaked at around 30%. According to Steph, this level indicates that XRP accounted for nearly one-third of the entire cryptocurrency market at that time. A recent analysis shows the remarkable resilience of XRP's dominance, and Steph points out that the current chart indicates this digital asset is currently breaking a multi-year declining dominance trend that started after the peak in 2017. The Technical Reversal of XRP May Indicate a Momentum Increase The analyst framed this breakthrough as a bullish signal, implying that a major trend reversal may be underway. The technical behavior of the XRP dominance chart indicates increasing investor interest and the potential for capital to shift into this digital asset compared to the broader market. Steph did not set a specific price target. However, he argued that if the digital asset repeats the performance of previous cycles, the price could "easily reach double digits and may even be in triple digits by the end of the cycle." Although this prediction is speculative, he bases it on the historical dominance and structural breakthrough observed in the current data. Other analysts have also shared double-digit targets for digital assets, further strengthening Steph's argument. His argument focuses on the premise that such a reversal in market dominance is not a trivial signal. Historically, a continuous increase in the dominance of a digital asset is often correlated with strong bullish phases. Assuming XRP returns to a dominance level close to its previous peak. In that case, it implies that it will need to hold a significantly larger market share in the total cryptocurrency market capitalization, which can only happen through a significant price increase. New Management Context for XRP The dominance of XRP has gradually decreased since 2017 due to a combination of factors, including regulatory pressure, competition from other projects, and shifting investor focus. However, the regulatory landscape has changed and the price volatility of digital assets since late 2024, along with the recent dominance breakthrough, indicates that a significant move is ahead.