XRP Soars 11% in 2025, Briefly Overtakes USDT in Market Cap

• XRP surges 11%, briefly overtaking Tether’s market cap, now trading at $2.37.
• Data from Whale Alert tracks a shift of 800M XRP, signaling potential Ripple strategies.
• Viral claims suggest a $317.8 price target linked to $20T entering the XRP Ledger.

XRP has kicked off 2025 with major momentum, surging 11% in the last 24 hours. It also dethroned Tether’s market capitalization with its recent move for a short period of time. The coin is currently trading at $2.37, having reached as high as $2.44 during the day’s trading.

In a notable development, XRP’s market capitalization temporarily exceeded Tether’s. However, its market cap now stands at $135.87 billion compared to USDT’s $137.19 billion. This brief flip marks a major milestone for XRP, which has been in a muted performance ever since the Ripple-SEC lawsuit.

The price surge coincides with major token movements tracked by Whale Alert. A massive 500 million XRP, valued at approximately $1.07 billion, was unlocked from escrow at an unknown wallet. This was followed by another transfer of 300 million XRP (worth about $649.7 million) from an unknown wallet to Ripple, suggesting potential strategic movements by the company.

The token’s performance shows strength across multiple timeframes, with a 5.05% gain over the past week and a 274.6% increase over the past year. The 24-hour trading range of $2.09 to $2.44 demonstrates active price discovery and strong market interest.

Also, an analyst under the name tonyev1911 stated that the XRP price will hit $317.8 in the first month of 2025. He further cited the reason to the $20 trillion entering the XRP Ledger from the Japanese economy, and big money like BlackRock and JPMorgan eager to use XRP in 2025.

These large-scale token movements and price actions come at a time when XRP’s market situation is moving to a better phase. The recent escrow unlock represents one of the first major XRP transfers of 2025.

Further, trading data showed sustained buying pressure, with XRP maintaining most of its gains despite broader market volatility. The token’s performance is noteworthy, given its brief parity with Tether’s market cap. This is because stablecoins typically maintain significantly higher market capitalization than most cryptocurrencies.