Amid the positive US job reports and optimism around the Trump office inauguration, Ripple (XRP) has become one of the large caps to hit a new all-time high (ATH). On Thursday, the XRP price surged to a high of $3.40, beating the previous ATH of $3.31.
Meanwhile, the viral presale altcoin DTX Exchange (DTX) has caused a stir in the crypto market by achieving growth comparable to Ripple’s early days. In just 3 months of launch, it has surged by over 550% from its initial price of $0.02 to $0.14. According to reports, DTX is preparing for a 50x run after it lists on tier-1 exchanges in the second quarter of 2025.
XRP Price Enters Uncharted Space, $5 Next Stop?
On January 4, 2018, the XRP price reached a high of $3.31, and it didn’t come close to this mark for the next seven years. Finally, in 2025, Ripple broke its all-time high record amid speculations of regulatory clearance and support from the broader market. The XRP price has risen 44% in the last seven days, and its market cap is inching towards $200 billion.
Courtesy: TradingViewThe Ripple rally started with the first bull stage in November last year, and since then, it has surged over 500%. During the entire rally, the price never touched the 50-SMA, indicating strong buying demand. Additionally, the XRP price’s open interest reached a new all-time high of $8.07 billion, with the OI increasing by 2.85% over the past 24 hours.
Patrick Liou, principal of institutional sales at crypto exchange Gemini, believes the XRP price rally stems from the industry’s strong expectation that the Trump administration will follow through on its promises to support a crypto-friendly regulatory framework, which will eventually help Ripple in regulatory matters.
The Fibonacci extension drawn from the November to December low shows the next two targets of $4 and $4.50. At the same time, the extended target stands at $5.50. An X crypto news analyst, JackTheRippler, shared his/her analysis on Ripple, showing that the first wave from the ATH could push the XRP price to $15; while this is a bold prediction, it is quite ambitious. However, by gauging Ripple’s momentum, it is possible that it could reach the target.
DTX Exchange Aims To Lead Trillion Dollar Trading Industry
The online trading space is experiencing a significant shift, and DTX Exchange (DTX) is playing a major role in this revolution. The project has introduced the first-ever hybrid exchange, combining the features of centralized and decentralized exchanges under one roof.
With its hybrid protocol, DTX provides trading in 120,000+ asset classes such as cryptocurrency, equity, forex, and ETFs. DTX Exchange is the first trading platform to launch a multi-asset trading feature with transformative features like 1,000X leverage. This high-leverage system increases the possibility of higher profit potential.
The project is powered by layer-1 VulcanX blockchain technology, known for its high speed and scalability. In the recently launched testnet, VulcanX performed exceptionally well, achieving 100,000 TPS. The highly efficient blockchain helps reduce trading costs by eliminating slippage, which is a big problem for traders in the industry.
Other notable features of the exchange include the non-custodial Phoenix Wallet, copy trading, advanced analytical tools, and algorithmic trading tools. The potential of the platform is visible in its ongoing presale performance. In the 7th stage, the token is priced at just $0.14. With massive headwinds, DTX Exchange is a potential investment opportunity for creating wealth.
There is a presale offer; use ‘TRUMPIN’ for a 100% bonus on all tokens until stage 7 sells out. Join now!
Find out more information about DTX Exchange (DTX) by visiting the links below:
Buy Presale
Visit DTX Website
Join The DTX Community
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