XRP’s market dominance has impressively climbed from 1% to 5% over the past four years. This increase has been substantially influenced by Ripple’s favorable legal resolution with the SEC. Such developments have enhanced the market’s perception of XRP, contributing to its growth in a competitive crypto landscape.
Egrar Crypto forecasts XRP might achieve a market cap of 375 billion USD, translating to 3X gains for investors. If XRP surpasses the crucial 0.5 Fibonacci resistance, its dominance could climb to 11.44%. Analysts suggest XRP could soon reach 4 USD, supported by positive market sentiment and technical indicators.