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Here’s How Much Shiba Inu Were Burned in 2024

Elendu Benedict
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Here’s How Much Shiba Inu Were Burned in 2024

As part of its yearly round-up, the Shiba Inu burn tracking platform Shibburn reveals the staggering amount of Shiba Inu incinerated in 2024.

Shibburn shared the details in an X post on New Year’s Day. The burn tracking platform revealed that the combined effort of the Shiba Inu ecosystem team and the Shiba Inu community led to the burn of over two score billions of SHIB in the previous year.

Over 40B SHIB Incinerated in 2024

According to the report, the market witnessed the incineration of 44,623,604,014 (44.6 billion) SHIB last year, an impressive feat for the ecosystem. 

The cumulative burned amount is worth $991,090 at the current market price, approximately running into a million-dollar valuation. Notably, this figure does not accurately dictate the valuation, as the ecosystem burned the over 44 billion SHIB at different prices.

Meanwhile, the latest disclosure came after Shibburn earlier stated that the Shiba Inu ecosystem burned over 2 billion SHIB in December. In a parallel tweet, the tracking platform disclosed that the community permanently destroyed 2,679,767,542 SHIB over 143 transactions in the last month of the year.

Shiba Inu Community Reacts

As expected, the burn statistics from Shibburn triggered reactions from the Shiba Inu community, which was largely unimpressed by the figure. Most comments trailing the report stressed that last year’s burn figure was not spectacular.

For instance, a user noted that the burns did not reach a million-dollar valuation. Another enthusiast stated that the ecosystem would not make progress in incinerating a considerable part of its 564 trillion-token supply at this rate.

Furthermore, comments like “not enough” dominated reactions, with one proponent calling for the ecosystem to double the figure this year. However, a few enthusiasts commended the burns. Specifically, one user argued that this was just the beginning.

Meanwhile, recall that Shiba Inu lead developer Shytoshi Kusama stated last year that burns would not solve the ecosystem’s problems. He stressed the place of mainstream adoption, noting that although it is possible to burn 99% of Shiba Inu’s supply, widespread utility is the ultimate solution.

Howbeit, Kusama has promised an epic 2025. The pseudonymous lead stated that the team would share “what we’ve built,” spiking the community’s curiosity.

Scaramucci Says US May Buy 500,000 Bitcoin for National Reserve

Albert Brown
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Scaramucci Says US May Buy 500,000 Bitcoin for National Reserve

The United States may pursue the acquisition of 500,000 Bitcoin as part of a strategic reserve initiative, according to SkyBridge’s Scaramucci. 

Anthony Scaramucci, SkyBridge co-founder, has suggested that the U.S. may allocate resources to acquire 500,000 Bitcoin. Notably, President-elect Donald Trump supports the 1 million Bitcoin reserve initiative proposed by Senator Cynthia Lummis.

In an interview on the Bankless podcast, Scaramucci added to the discussion, suggesting the U.S. could acquire 500K BTC more for the reserve initiative. 

He emphasized the role of influential lawmakers, particularly Senator Tim Scott, who will soon chair the Senate Banking Committee. Scott is expected to leverage his position to advance the proposal within Congress. 

However, this plan is not solely supported by Republican leaders. Bipartisan backing for cryptocurrency-related legislation, as seen in the approval of the SAB 121 Bill, indicates growing interest among lawmakers across the aisle. Notably, younger Democrats have shown openness to adopting Bitcoin as a strategic asset, contrasting with skepticism from more traditional voices in the party.

Bitcoin’s Role as Digital Gold

Bitcoin’s positioning as “digital gold” has been a focal point in this discussion. Scaramucci highlighted that the U.S. already holds significant gold reserves, valued at over $600 billion. 

According to the interviewer and co-founder of Bankless, Ryan Sean Adams, incorporating Bitcoin, potentially through reallocating a portion of these gold reserves, could be “wild.” 

The global context surrounding this proposal adds urgency to the conversation. Scaramucci pointed to China’s reported Bitcoin accumulation as a key factor prompting the U.S. to act. As economic rivals like China integrate Bitcoin into their financial systems, delays by the U.S. could risk diminishing its influence in global markets. 

Still too Early to Buy Bitcoin

The SkyBridge co-founder has previously emphasized that it is still an opportune time to invest in Bitcoin, even as it approaches widespread adoption. On November 12, he shared on social media that non-Bitcoin holders have not missed significant opportunities amid the asset’s historic surge in value.

Scaramucci highlighted that while some investors may feel sidelined, Bitcoin still holds potential for further growth. He underscored that the cryptocurrency has room to expand as it progresses toward mainstream acceptance.

Scaramucci also noted the potential for the U.S. move to influence central banks, financial institutions, and asset managers globally. If implemented, this plan could draw significant capital into Bitcoin.

Key Support Levels Shiba Inu Needs to Maintain to Avoid Further Decline

Albert Brown
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Key Support Levels Shiba Inu Needs to Maintain to Avoid Further Decline

Shiba Inu (SHIB), the second-largest meme coin, boasts a major support level that it needs to maintain amid the prevalent market uncertainty.

For context, market analysts such as Ali Martinez have highlighted the $0.0000193 to $0.0000215 range as an important zone that SHIB must defend to maintain its bullish trajectory.  

SHIB’s Historical Battle

In a recent video analysis, Martinez called attention to the historical importance of this range. Notably, between October 2021 and April 2022, this price zone served as support, holding off major bearish pressure as Shiba Inu declined from its all-time high of $0.000088 in late October 2021. 

Shiba Inu 12h Chart Ali Martinez
Shiba Inu 12h Chart | Ali Martinez

During this period, SHIB ranged between $0.000033 and $0.000019, with this support range acting as a foundation. However, the collapse of the Terra ecosystem in May 2022 triggered a contagion in the broader crypto market, breaking this support range for SHIB. 

This shift flipped the support zone into resistance and marked the start of a prolonged bear market for the token. For more than two years, SHIB battled the $0.00001 mark, unable to reclaim the $0.0000193 to $0.0000215 range.  

Now, in 2024, Martinez noted that this price zone regained prominence. In March, SHIB pushed above it during the meme coin craze then, hitting a new yearly peak of $0.000045 in early March. However, a subsequent pullback pushed the token below this range once again. 

Shiba Inu 12h Chart Ali Martinez 2
Shiba Inu 12h Chart | Ali Martinez

Despite this, Shiba Inu managed to hold above $0.00001, setting the stage for a potential recovery. In October 2024, SHIB flipped the $0.0000193 to $0.0000215 range back into support after serving as resistance throughout the summer. 

This bullish move followed an impressive price surge after the U.S. presidential election in November, which saw pro-crypto GOP candidate Trump emerge as the victor. With renewed momentum, SHIB reached a high of $0.000033 in early December.  

Shiba Inu Must Maintain $0.0000193 to $0.0000215

Nonetheless, the recent market-wide correction has tested SHIB’s resilience. Despite this, the token has managed to stay above the critical support zone, and Martinez believes this confirms its role as a foundation for the uptrend. 

He highlighted the importance of maintaining this range. According to him, if SHIB fails to hold above this level, it could face a bearish reversal.  

Interestingly, data from IntoTheBlock reveals that below the $0.0000193 to $0.0000215 range, there is a weaker demand wall between $0.000019 and $0.000020. 

Shiba Inu GIOM IntoTheBlock
Shiba Inu GIOM | IntoTheBlock

This area is supported by about 19,610 addresses holding 17.9 trillion tokens. While this zone might present temporary relief, its strength is actually negligible against sustained bearish momentum.  

Shiba Inu Shows Short-Term Bullishness

Meanwhile, another analyst, Bluntz Capital, shared a bullish perspective last month, noting SHIB’s strong and controlled uptrend. According to him, the token has not yet experienced a parabolic breakout but is showing clear signs of accumulation. 

The market watcher predicts multiple price increases in the near future, citing the SHIB/BTC pair as evidence of growing potential. At press time, Shiba Inu trades for $0.00002216, up 1.9% this morning and battling to transcend the $0.000022 level.

CW, another analyst, pointed to the importance of overcoming the sell wall at $0.000022. He believes breaking through this resistance will mark the start of a major uptrend. His target price for SHIB is $0.000035, a 58% rise from current prices.

Shiba Inu 4h Chart CW
Shiba Inu 4h Chart | CW

FOX Business Senior Correspondent Says SEC Might Drop Ripple Case, But Criticizes Ruling

Lele Jima
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FOX Business Senior Correspondent Says SEC Might Drop Ripple Case, But Criticizes Ruling

FOX Business Senior Correspondent Charles Gasparino criticizes the U.S. SEC for its handling of the Ripple lawsuit and suggests that the case could be dropped. 

Gasparino shared this view in his recent appearance on The POMP Podcast. The prominent journalist characterized the securities agency’s handling of the Ripple lawsuit as gross overreach. 

In his view, the lawsuit stems from unclear regulations for the United States crypto industry and has pushed Ripple’s innovative payment technology overseas. 

Gasparino Criticizes Ripple Ruling

Despite criticizing the SEC, he also called Judge Analisa Torres’s ruling in the lawsuit “idiotic.” The judge issued her decision under three categories: programmatic sales, other distributions, and institutional sales. 

While the judge declared that Ripple violated the law through its sales of XRP to U.S. institutional clients, she emphasized that programmatic sales and other distributions of the token were not investment contracts. 

Reacting, Gasparino suggested that the ruling creates a precedent where institutional clients receive more disclosure than retail investors. According to him, this precedence tends to weaken the protection of retail investors in the United States. 

Potential Outcome of the Ripple Case

In the meantime, there are speculations that Donald Trump’s reelection as the 47th U.S. President could significantly impact the outcome of the ongoing appeal. 

Notably, Gasparino shares this sentiment, suggesting that the SEC’s approach to the case might change due to a shift in administration, particularly Trump’s presidency and the appointment of pro-crypto advocate Paul Atkins as SEC Chair.

Specifically, he suggested that the SEC could drop its appeal against Ripple or overturn the programmatic sales decision. 

Key Deadline to Watch Out For 

Meanwhile, the lawsuit is gearing up to commence fully in the Second Circuit Court of Appeal this month. 

In particular, the SEC must file its appellate brief before the January 15 deadline or risk having the lawsuit dismissed. Afterward, the leading crypto payments company will file its response, tackling the agency’s argument.  

Crypto Proponents Slam Gasparino

Meanwhile, several crypto enthusiasts have criticized Gasparino, accusing him of being biased in his views about the lawsuit. 

Tony Edward, the host of the Thinking Crypto podcast, asserted that Gasparino’s criticism of Judge Torres’ ruling shows that he wants Ripple to lose the lawsuit. 

Furthermore, Australian-based lawyer Bill Morgan slammed Gasparino’s understanding of crypto, particularly XRP. According to him, the judge specifically ruled on Ripple’s programmatic sales of XRP, not the broader secondary market transactions of the token. 

However, Gasparino maintained that he is neutral in his coverage of the lawsuit, emphasizing his commitment to objective reporting. 

Linear Regression Analysis Predicts Timeline for XRP to Hit $6.4, $8.5, $13.7, or $27.5

Sam Wisdom Raphael
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Linear Regression Analysis Predicts Timeline for XRP to Hit $6.4, $8.5, $13.7, or $27.5

Prominent market analyst EGRAG has utilized a linear regression framework to predict bullish price milestones for XRP in 2025. 

Interestingly, XRP recently closed a yearly candle above $2 for the first time in its history, bolstering bullish sentiments. EGRAG’s analysis, which he backed up with a monthly XRP chart, discusses the altcoin’s potential path from here toward $6.4, $8.5, $13.7, or even $27.5.

The XRP Linear Regression Channel

Notably, he leveraged a linear regression channel on a logarithmic scale. For context, the tool helps identify trends and potential reversal points within XRP’s price action by considering 68% of price movements within its upper and lower bands. 

Specifically, the upper band represents overbought levels, where price corrections may occur, while the lower band suggests oversold conditions and signal possible bullish reversals.  

According to EGRAG, the mean line within the channel is important for identifying XRP’s price reversion patterns. Notably, prices frequently oscillate around this mean, helping to identify market sentiment and directional momentum. 

In his projection, EGRAG noted that XRP will likely approach the channel’s upper band in 2025, in alignment with Fibonacci retracement levels that would define its major price targets.  

Timeline for XRP to Hit Its Targets

EGRAG predicted that by March 2025, XRP could reach $6.4, a level coinciding with the Fibonacci 1.618 retracement. For context, this price point marks the upper boundary of the regression channel and represents a major resistance zone for XRP. 

Meanwhile, a breakout above this level and the Regression Channel could push XRP further toward $8.5, aligning with the Fibonacci 1.272 level. EGRAG noted that such an overshoot scenario occurs in extended bullish trends.  

XRP 1M Chart EGRAG Crypto
XRP 1M Chart | EGRAG Crypto

Before reaching these levels, the analysis expects XRP to hit an intermediate target of $4.4, corresponding to the Fibonacci 1.414 retracement. EGRAG identifies this as an important checkpoint, though he is optimistic that the asset will surpass this milestone as it progresses toward higher targets.  

Interestingly, EGRAG also called attention to a potential “blow-off top” scenario for XRP, predicting price surges between $13.7 and $27.5. These targets sync with the Fibonacci 1.618 and 2.618 levels, respectively, representing the peak of a bullish cycle. 

The analysis outlined two timeframes for these developments: March 2025 and November 2025. By March or earlier, EGRAG believes XRP could reach $6.4, preparing the groundwork for further growth. Meanwhile, the uptrend could culminate in the ultimate targets by November 2025.

The analyst also noted the importance of maintaining XRP’s price above the $0.287 “No-No Zone.” This level acts as a long-term support. For now, XRP currently trades for $2.41, up 14.53% in the last 24 hours, as it recovers from the lows of $2.02 earlier in the year.

Here is Shiba Inu Price If SHIB Reaches Tether and Ethereum Market Cap

Abdulkarim Abdulwahab
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Here is Shiba Inu Price If SHIB Reaches Tether and Ethereum Market Cap

Shiba Inu could trade at unprecedented levels with three zeros if it reaches the market caps of Tether and Ethereum.

Shiba Inu ranks among the most trending crypto assets in the market, with many crypto enthusiasts closely following its price movements.

However, in recent weeks, especially throughout December, the price of Shiba Inu has been bearish. Currently selling at $0.00002178, Shiba Inu is trading 14.5% lower than its monthly high.

Despite this, proponents remain optimistic, believing that 2025 will be a more promising year for crypto assets, with top tokens like Shiba Inu benefiting from a buoyant market.

Numerous predictions have been made regarding how high Shiba Inu could reach next year. Some have suggested a $100 billion market cap for SHIB.

In this article, we explore the potential price of Shiba Inu in a hypothetical scenario where it reaches the current market valuations of Tether, the largest stablecoin, and Ethereum, the leading altcoin.

Shiba Inu Price If It Reaches Tether’s Market Cap

Currently, Tether has a valuation of $138.76 billion, commanding over 65% of the global stablecoin market cap. If Shiba Inu were to reach a similar market cap of $139 billion, this would correspond to a price of $0.0002354.

This means Shiba Inu would be trading with one fewer zero compared to its current price of $0.00002178, assuming it achieves Tether’s market cap. For context, the projected price of $0.0002354 represents a massive 981% gain from its current level.

Many market watchers have speculated that such a price gain could occur next year. Some attribute this possibility to historical patterns, while others reference complex Elliott Wave structures.

Shiba Inu Price If It Reaches Ethereum Market Cap

Meanwhile, Shiba Inu could see an even loftier price if it climbs to Ethereum’s current market cap. At present, Ethereum holds a market cap of $404 billion and trades at $3,357.

If Shiba Inu were to reach this valuation, its price would rise to $0.0006861. This estimation assumes that Shiba Inu’s supply of 589 trillion tokens remains largely unchanged without significant burns.

Notably, for Shiba Inu to reach $0.0006861, it would need to increase by 30X or specifically 3,050%. However, predictions calling for this price level within the current bull market are rare. Many market commentators see this potential price as something that could materialize far in the future.

For instance, analysts at Telegaon suggest that Shiba Inu could reach $0.0006 by 2030. Meanwhile, analysts at Changelly have a more extended timeline, predicting this price level by 2033.

Shiba Inu timeline Changely
Shiba Inu timeline Changelly

Polkadot And Uniswap To Continue Slide As Newer Cryptos Like Remittix Take Centre Stage

PR DESK
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Polkadot And Uniswap To Continue Slide As Newer Cryptos Like Remittix Take Centre Stage

While new and creative projects like Remittix (RTX) are rapidly becoming well-known, top crypto coins like Polkadot (DOT) and Uniswap (UNI) are confronting bearish momentum. Remittix is becoming a game-changer in the crypto-fiat integration field as it provides a smooth solution for cross-border payments.

But what makes Remittix such a promising investment? Read on to find out why Remittix might soon surpass Polkadot and Uniswap and why this could mean huge returns for early investors.

Polkadot (DOT) Faces Resistance

With the Polkadot price lingering inside a large consolidation band of $7.67 and $6.76, the altcoin has seen a modest drop of around 2% during the previous week. The Polkadot price has dropped more significantly—more than 20% during the past month, but the community’s general sentiment is still quite positive.

Analysts remain hopeful about its future performance even with recent disappointments. On the Polkadot price chart, FLASH finds a head and shoulder pattern that would indicate either a reversal or a consolidation in the near term. Although it was turned into a resistance level at the neckline, the price of Polkadot lately bounced off the $6.05 support level after breaking out from the head and shoulder neckline.

Once more trending around $6.05, the Polkadot price is testing its support levels in the present market conditions. The MACD indicator is showing buy signals, implying that, should the support hold, there may still be a possibility for upward movement even though the Momentum Oscillator is now indicating a possible drop.

For each breakout over resistance levels, traders and investors should pay particular attention to the Polkadot price chart to signal a rebirth in optimistic momentum. Polkadot remains one of the major altcoins to watch as it negotiates these market swings with its strong community support and mixed-signal technical indications.

Uniswap (UNI) Consolidates Amid Decline

Over 6% has dropped from the Uniswap price in the past week; it now ranges between $14.78 and $12.81. Notwithstanding this retreat, the Uniswap price chart shows a small rise of more than 2% over the past month, therefore displaying resilience in the middle of market volatility.

Following a peak of $19.2 earlier in the month, the Uniswap price faced strong opposition that resulted in a drop to its present $13 support level. With experts hopeful about Uniswap’s ability to retest its all-time high of $44 during this bull run, it remains one of the best altcoins to watch ahead.

Technical indicators such as the MACD and Moving Averages show purchase indications on the Uniswap price chart; the Momentum Oscillator is still flashing sell signals, thereby indicating some short-term uncertainty.

Still, the general trend and public opinion point to Uniswap maybe experiencing a notable increase in the next few months. Mixed signs on the Uniswap price chart imply that this altcoin remains promising as it negotiates consolidation and sets itself for a possible rally.

Remittix (RTX) Presents Unique Crypto-Fiat Integration

Remittix is a seamless and user-friendly platform that lets users send and receive cryptocurrencies quickly converted into cash via bank transfers, therefore transforming the way digital currencies interact with conventional fiat systems.

Remittix guarantees that recipients are unaware that crypto was used for the transaction by merging powerful blockchain technology with conventional financial networks. It distinguishes itself from other platforms such as Stripe, Wise, and Coinbase by stressing security, simplicity, and efficiency, providing a special solution for cross-border payments.

Its unique offerings will help it to take a sizable portion of the $183 trillion worldwide banking sector, therefore confirming its position as the best crypto investment of the year. The Remittix presale presents an unmatched chance for anyone wishing to profit from the rising demand for crypto-fiat integrations as the RTX token sells at an incredibly low price of $0.0167.

With experts projecting significant gains over the coming months, the token vesting scheme of the platform guarantees stability and long-term value appreciation. Remittix is positioned for rapid rallies as the global financial industry progressively embraces crypto solutions.

Remittix Is Set to Surpass Polkadot and Uniswap

Remittix is a unique prospect for investors since Polkadot and Uniswap struggle to keep pace while Remittix is fast acquiring traction with its flawless crypto-fiat integration. Early investors have a rare opportunity to profit on what could be a 50x surge in the next few months with RTX tokens available at a shockingly low price of just $0.0167.

Meanwhile, more than $800,000 has been raised and over 52 million RTX tokens have been sold in a matter of days. This shows massive investor interest, but the presale tokens are only limited so tomorrow might be too late to join the presale.

Join the Remittix (RTX) presale and community: 

Join Remittix (RTX) Presale

Join the Remittix (RTX) Community

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Why Dogecoin (DOGE) Will Surpass $20 in 2025, According to Expert

Okoya David
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Why Dogecoin (DOGE) Will Surpass $20 in 2025, According to Expert

Analysts continue to dish out positive outlooks on Dogecoin (DOGE), and the price targets are becoming more ambitious.

In the latest instance, one analyst appears to have increased his Dogecoin target by tenfold for the 2025 bull run.

Dogecoin (DOGE) to Surpass $20?

Prominent crypto analyst Javon Marks has asserted that Dogecoin (DOGE) could surge above the $20 price point in the current bull cycle.

The analyst stressed this in a recent X post, arguing that the doggy-themed meme coin’s bull market performances have been progressively larger, and the recent cycle appears to be towing the same path.

Marks shared a chart highlighting that DOGE’s price saw a 90 times increase in the 2017 bull run and a 306 times increase in 2021.

Accordingly, the analyst anticipates that this pattern will continue with the rally that began in late 2024 with a target above the $20 mark.

Analysis of Dogecoins twelve day candle chart
Analysis of Dogecoins twelve-day candle chart. Source: Javon Marks

The latest projection from Marks represents a staggering tenfold increase from his earlier target of $2.28 for DOGE, based on the asset’s price performance in previous bull cycles per the Fibonacci expansion tool.

As highlighted by the analyst, DOGE has typically rallied from the bottom to above the 1.618 Fibonacci level in previous cycles.

Critics Contest Dogecoin $20 Prediction

Unsurprisingly, Mark’s most recent prediction has stirred some doubts. For DOGE to hit the $20 price point with its current circulating supply of 147.3 billion coins, it would hit a market cap of $3 trillion.

For context, this is more than the market capitalization of market leaders Bitcoin and Ethereum combined. At the same time, DOGE presently boasts a market cap of $45.8 billion.

Still, Marks has insisted that the high price target is what the data suggests in response to critics.

Ripple Unlocks 500M XRP with This Promising Message

Abdulkarim Abdulwahab
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Ripple Unlocks 500M XRP with This Promising Message

Ripple has unlocked a massive volume of XRP tokens from its escrow today, which is in line with the monthly schedule.

However, the latest unlock has come with a mysterious message that has intrigued the XRP community. Notably, popular market tracker Whale Alert highlighted Ripple’s January 1, 2025, unlock in a post on X.

Details of Ripple’s Latest XRP Unlock

According to the update, 500 million XRP left Ripple’s escrow account for an unknown destination today at 06:57 (UTC). At the time of the transaction, the unlocked tokens were valued at $1.07 billion.

The unlock occurred at the “Ripple 25” wallet, which saw its balance rise to 1 billion tokens shortly after the unlock.

However, Ripple dispatched the received 500 million tokens to another wallet, “Ripple 13.” Interestingly, Ripple has locked the 500 million XRP tokens in escrow within this recipient wallet.

Ripple locks 500 million XRP back
Ripple locks 500 million XRP back.

Notably, at press time, the January escrow execution has only registered the unlock of 500 million XRP. Since Ripple typically unlocks 1 billion tokens, the second batch of releases is expected before the end of the day.

Mysterious Message Follows Ripple’s Unlock

Meanwhile, accompanying the 500 million XRP unlock transaction was a memo with a message stating that January 20th is around the corner and that President-elect Donald Trump will be in the White House. The author added that with Trump’s arrival, “we are going to make crypto great again.”

This message has intrigued members of the XRP community, particularly as it hints at optimism for a promising year for crypto in the U.S. with Donald Trump as president.

Indeed, Trump has promised to make crypto great in America during his presidency. He is already following through with key pro-crypto appointments ahead of his official inauguration.

Now that Ripple’s escrow transaction carries this promising statement, it has sparked excitement within the XRP community. Many interpret it as further confirmation that a major bull market is coming for XRP and the broader crypto market.

Ripple XRP unlock memo
Ripple XRP unlock memo

It is worth clarifying that the memo accompanying the escrow transaction did not originate from Ripple itself. This has been a recurring theme over the years, with notable occurrences during the July 2024 unlock and another in May.

Top Pundit Issues Bold 11 Predictions for XRP in 2025

Abdulkarim Abdulwahab
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0
Top Pundit Issues Bold 11 Predictions for XRP in 2025

As the new year begins, XRP enthusiasts are buzzing with speculation over what 2025 could hold for Ripple and XRP. 

Renowned XRP community commentator Mickle has shared a list of bold predictions that could shape the future of both Ripple and the broader crypto ecosystem.

XRP ETF Launch and BlackRock’s Involvement

One of the most intriguing predictions is the potential launch of XRP ETFs. Multiple applications for XRP ETFs are currently under review by the SEC. Asset managers seeking XRP ETFs include WisdomTree, Bitwise, Canary Capital, and 21Shares.

Meanwhile, Mickle speculated that asset management giant BlackRock could also file to launch the product this year. However, in December, BlackRock confirmed that it has no immediate plans to file for an XRP ETF.

BlackRock’s Head of ETF Department, Jay Jacobs, disclosed that the company is focusing on its Bitcoin and Ethereum ETFs to expand access to them.

Ripple-SEC Case Resolution and IPO Plans

Furthermore, the long-running battle between Ripple and the U.S. SEC is expected to conclude in 2025. Mickle is forecasting a dismissal or settlement of the case. This would clear a significant hurdle for Ripple, enabling the company to accelerate its growth.

Additionally, upon the lawsuit’s conclusion, XRP community members expect Ripple to go public. Mickle projects Ripple will either launch an IPO or reveal plans for one.

Strategic Partnerships and U.S. Tax Benefits for XRP

Furthermore, XRP community members expect Ripple to secure a Tier 1 U.S. bank partnership in 2025. This potential move would further integrate XRP and its technology into traditional financial systems.

Moreover, Mickle predicts that XRP will gain U.S. tax benefits as an American cryptocurrency, boosting its credibility and usage in the U.S. market.

The commentator also anticipates the announcement of a major central bank project by Ripple this year. Ripple is already in numerous collaborations with over 30 central banks worldwide for CBDC projects. The XRP Army expects more collaborations, increasing Ripple’s influence in the financial sector.

XRPL DeFi Growth and XRP Potential to Surpass Ethereum

On the technological front, the XRP Ledger could reach new milestones. Mickle hopes for over 250 validators and 1,000 nodes supporting the decentralized network.

He also predicts the rise of DeFi on the XRP Ledger, with 1 billion XRP locked in DeFi pools. Currently, over 14 million XRP are locked in AMM pools.

XRP on AMM
XRP AMM Pool overview

The retail sector is also poised to embrace XRP. Mickle predicts massive adoption of both XRP and the XRP Ledger by individual users.

One of the most ambitious predictions is that XRP will flip Ethereum, surpassing the second-largest cryptocurrency by market capitalization in 2025. Other commentators, like BitBoy Ben Armstrong, have voiced this sentiment.

RLUSD Explosive Growth

Lastly, Mickle forecasts that RLUSD, Ripple’s stablecoin, will surpass a $25 billion market cap. This would confirm growing trust and demand for stablecoins built on the XRP Ledger. At press time, RLUSD has a market cap of $53 million.

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