Since Trump's victory, it has soared by 330%. What exactly is supporting the price of XRP?

Since Trump’s election, the price of XRP has soared from $0.50 to $2.15, a rise of about 330%, marking its strongest performance since 2017. As the regulatory environment shifts from SEC pressure to more favorable conditions, Ripple has once again become a market focal point. But beyond the hype, the real question for investors is: does XRP actually have practical utility?

Currently, Ripple’s cross-border payment network is its core application scenario. The company has established over 300 financial partners in 45 countries, with an annual related payment volume reaching $1.5 billion. XRP has also achieved large-scale adoption in high-remittance markets such as Japan, East Asia, the Philippines, and Latin America. Compared with traditional cross-border payments, XRP’s advantages lie in low cost, borderless transactions, and high speed, reducing reliance on traditional financial infrastructure.

However, some analysts still consider XRP a highly speculative asset, with its valuation relying more on market liquidity than actual revenue performance. Although there are more than 50 million on-chain payment transactions per month, many holders still view it as a speculative tool rather than a payment asset.

On the market side, Ripple’s strong corporate performance has also been a key factor supporting XRP’s rising popularity. The company recently secured a $500 million investment from Fortress Investment Group and Citadel Securities, raising its valuation to $40 billion. In addition, the number of network wallets has surpassed 5 million, reflecting the ecosystem’s continued expansion.

On the ETF front, UK-based CoinShares has suspended its US XRP ETF plans, possibly due to unclear SEC regulatory attitudes. However, there are still nine XRP investment products on the market, with total assets under management (AUM) reaching $1.1 billion, meeting the needs of many institutions.

With the SEC lawsuit settled in 2025 for $50 million, removing a long-standing obstacle, many analysts believe XRP’s regulatory risk has significantly decreased. Coupled with Robinhood relisting XRP after Trump’s election victory, market confidence in its future prospects has further increased.

Overall, XRP’s rise is driven by its application scenarios, network growth, and large-scale investments, as well as the speculative forces of the crypto market. In the cross-border payment sector, XRP has built certain barriers, but in terms of market trading, it remains a highly volatile asset. Whether it can truly shed its “speculative label” in the future will determine whether its upward trend can be sustained. (BeinCrypto)