XRP pricetoday jumped to its highest level in more than four months, climbing 6% to $2.98as institutional buyers stepped in during early Monday trading. The rallypushed the digital asset through a critical $2.84 resistance level that hadcapped gains for weeks.Let's check why XRP is surging today and what are the newest XRP price predictions for 2025 and beyond.XRP Is Surging Today, TestingMarch 2025 LevelsAt the timeof writing, one XRP is trading at $2.96, with the intraday high reaching $2.98.The token is up 4.2% today, marking its seventh consecutive session of gains.Since the beginning of the month, XRP has risen by more than 32%.Tradingvolume jumped to 9,44 billion, suggesting large investors were behind the moverather than retail speculation. XRP's market value swelled by $30 billion overthe past week, helping it reclaim the third-largest cryptocurrency positionglobally.The pricesurge comes after XRP broke out of what technical analysts call a descendingtriangle pattern - a chart formation that often signals the end of a downtrend.The token has been testing these higher levels since hitting $2.97 earlier thismonth, marking its strongest performance since March.Why Is XRP Price Going Up?Institutional Interest BuildsThe recentprice action appears driven by more than just technical factors. Grayscaleadded XRP to its Digital Large Cap Fund for the first time since regulatoryrestrictions were lifted, signaling growing institutional acceptance. Ten XRPspot exchange-traded fund applications are currently pending with U.S.regulators, with decisions expected as early as October.Ripple, thecompany closely associated with XRP, has also applied for a national bankcharter with the U.S. Office of the Comptroller of the Currency. If approved,this would allow Ripple to operate as a federally regulated trust bank.Geopoliticaldevelopments, investor expectations regarding the U.S. economy, and the futurepath of interest rates are also playing a key role. XRP's rally, like that ofmany altcoins, is being driven in part by a new all-time high on Bitcoin, whichhas broken above the $120,000 mark. Forecasts suggest it could reach as high as$200,000 by the end of the year.Investorsare snapping up nearly all major altcoins. Ethereum is trading above $3,000—itshighest level since January—while Dogecoin is climbing past $0.20, gainingaround 6% on the day.XRP Price Predictions: AnalystsTarget Record HighsSeveralmarket watchers now believe XRP could push toward new all-time highs in thecoming weeks. Pseudonymous analyst Pentoshi, who has 870,600 followers onsocial media platform X, told his audience that XRP's chart "looksdisgustingly good even on the BTC pair"."Thisis probably going to do price discovery in the next two weeks as well, in myopinion," Pentoshi wrote, suggesting the token could break above itsprevious record near $3.40.$XRP this is prob going to do price discovery in the next 2 weeks as well imo https://t.co/ugpq4THnHX pic.twitter.com/qATN0y4wrE— 🐧 Pentoshi (@Pentosh1) July 11, 2025Anotheranalyst, Alex Cobb, went further with his prediction, claiming XRP could reach$4.35 by the end of July - which would represent a new all-time high. Thattarget would require an additional 79% gain from current levels.Guys XRP is about to fycking EXPLODE pic.twitter.com/GfI5oMp8SO— Cobb (@Cobb_XRPL) July 14, 2025You may also like: XRP Price Could Reach $8 in 2025, According to Latest XRP/USDT Technical PredictionTechnical Picture RemainsBullish for XRPFrom atechnical standpoint, XRP held above $2.91 during the final hour of trading,forming what analysts describe as a healthy consolidation after the sharpmorning rally. The token needs to clear the $2.94-$2.95 area to open up targetsat $3.10 and eventually $3.40.Tradingvolume remained elevated at around 85 million tokens per hour during thesession close, indicating sustained interest from institutional players.Analysts say continued volume above 100 million per hour would confirminstitutional follow-through.The$2.91-$2.92 zone now serves as immediate support, with a breakdown potentiallyinviting a retest of the $2.84 breakout level. However, the overall structureremains bullish with rising higher lows and sustained volume backing the move.XRP'srecent strength has outpaced most other major cryptocurrencies, making it thesecond-largest gainer among the top 10 digital assets. The token has gainedapproximately 25% over the past week alone.XRP News FAQWhy is the XRP price goingup?XRP'srecent price surge stems from several key catalysts working together to driveinstitutional and retail interest. The digital asset has been climbingsteadily, breaking through multiple resistance levels as market conditionsalign favorably. Institutional validation represents the most significantdriver behind XRP's upward momentum, with Grayscale's addition of XRP to itsDigital Large Cap Fund marking the first time since regulatory restrictionswere lifted that a major institutional player has embraced the token. How much will 1 XRP beworth in 2030?XRP pricepredictions for 2030 vary significantly depending on the forecasting model andassumptions used, with conservative estimates placing XRP between $3.77 and$8.40 by 2030, while more optimistic projections reach into the hundreds ofdollars. Several mainstream forecasting platforms provide relatively modestprojections, including Kraken's $3.77 based on 5% annual growth and CoinCodex's$8.40 representing a 212% gain from current levels. Mid-range predictionsfactor in increased adoption and regulatory clarity, with CoinDCX suggesting a$90 to $120 range reflecting XRP's potential as a key player in the globalfinancial ecosystem. This article was written by Damian Chmiel at www.financemagnates.com.