XRP unlikely to repeat 500% surge amid changed market conditions

An analysis from Watcher.Guru suggests that XRP is unlikely to replicate its 500% surge from 2024 due to a changed market environment. The media outlet noted that the 2024 rally was largely driven by boosted investor sentiment following President Donald Trump's re-election and expectations of pro-crypto policies. During that period, Bitcoin surpassed $100,000 for the first time amid a strong market-wide bull run, which lifted cryptocurrencies including XRP. However, Watcher.Guru explained that current conditions are different, with heightened geopolitical uncertainty from tensions between the U.S. and Iran dampening investor sentiment. Furthermore, global capital is now concentrated in the artificial intelligence (AI) and semiconductor sectors, causing other asset classes like cryptocurrencies to underperform.