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# Diminishing Expectations for Ripple’s Fresh Peak
* The prospect of XRP achieving a fresh record high has considerably dwindled.
* XRP has declined almost a third since Trump assumed presidency.
* The digital currency market has faced difficulties this year.
Stakeholders are progressively losing confidence in XRP, at least in the near future.
Information from the crypto forecasting platform Polymarket indicates that stakeholders estimate a 26% likelihood of XRP establishing a fresh benchmark in the initial semester of the year.
Earlier in the month, that number stood at 56%, when anticipations were considerably elevated that the US reserve would incorporate altcoins, including XRP.
These strategies did not come to fruition after President Trump ratified an executive decree instituting a digital asset reserve that would abstain from procuring any fresh tokens.
Attributable to the dearth of fresh narratives to ignite stakeholder curiosity, XRP has succumbed to a wider digital currency downturn, which has shed $600 billion in valuation since the onset of 2025. Ripple (XRP) Ready for Launch: Trump’s Executive Decree, ETF Endorsement, and SEC Resolution Could Transmit It to $15
XRP has depreciated by 31% since Trump’s inauguration.
Nonetheless, there exist some optimistic indicators for XRP. On the Kelshi forecasting market, stakeholders surmise a 48% probability that Ripple will surpass Bitcoin and altcoins.
The XRP-associated digital currency is among a collection of altcoin ETFs presently under assessment by the US Securities and Exchange Commission. A verdict on these submissions is projected by mid-October at the latest.
JPMorgan anticipates that an XRP ETF will garner $8 billion in capital influx from stakeholders in its inaugural year post-launch.
Individual stakeholder engagement in XRP is furthermore robust, notably in South Korea, where whale wallets acquired $700 million worth of XRP last week.
Information from digital currency derivatives platform Deribit reveals that traders anticipate XRP to attain $5 this year.
The $5 call option constitutes the most favored XRP option on Deribit, possessing a notional worth of $3.9 million.
## Crypto Market Update
* Ether has risen by 3.2%, and its value is $1,915.
* Bitcoin has increased by 2.8% over the past day and is currently priced at $83,269.
## Suggested Articles
* Concerning Images → Important Insights — *Milk Road*
* Tokenized Government Bonds Expand 20x More Rapidly Than Stablecoins During Crypto Slump — *Unchained*
* Milk Road PRO Holdings Revision – March 12, 2025 — *Milk Road*
* Senator Suggests Trump Should Sell Off Bitcoin Assets Because It Will Benefit President and Contributors — *DL News*
* Stablecoin Legislation Advances to Senate Session With Democratic Backing — *DL News*
*Osato Avan-Nomayo is our Nigeria-based DeFi journalist. He reports on DeFi and technological advancements. Have a lead? Reach out to him via* *[email protected].*
