XRP has seen a good price push lately and at the time of writing, it is up more than 3%. Trading at $ 2.43, there are several reasons why XRP rallies. .
One of the biggest factors is a new bill discussed in the Missouri called House Bill 594. If that adopts, it would allow the people of the State to deduce all taxes on capital gains made on things like Bitcoin and XRP. This means that if someone earns money by exchanging them, they will not have to pay taxes on these profits – and this is a huge news for cryptographic investors in the United States
XRP adoption continues to increase in 2025
Another reason is that more people have XRP than ever before. Until now in 2025, the number of XRP holders has increased by 11%, which has shown growing interest in the medal.
In addition to that, XRP is now accepted as a payment method on the Travale.com travel.com booking site. This means that people can use XRP to book hotels and flights, which gives it real use.
The Ripple team also makes progress on the technology side. XRP is integrated into the cosmos and build something called EVM Sidechains, which facilitates connection and work together for different block chains.
In addition, Ripple’s day care service now supports a new system for safer storage called shared MPC portfolio. They are also doing well in the tokenization space – this is where active active worlds such as property or stocks are transformed into digital tokens on the large XRP book.
Finally, on the price of price prediction, analyst Ali Charts said that if XRP could get out of his current graphic model, he could jump up to $ 15. Currently, technical indicators such as RSI and Stochastic RSI show bulls, alluding to what a break could soon happen.
