
XRP market snapshot—April 3, 2025, by GLHR Investing
Hey GLHR Investing crew! It’s Thursday, April 3, 2025, and we’re tuning into XRP—the crypto that’s been a rollercoaster since its 2012 debut. At 9:07 AM PDT, with markets reeling from Trump’s tariff rollout and last week’s inflation shock, XRP’s facing some static. Let’s break down what’s driving its beat, how it’s jamming lately, and whether it’s a buy right now—here’s our detailed riff in bullet points to keep you in rhythm!
- Coin Overview: Launched in 2012 by Jed McCaleb, Arthur Britto, and David Schwartz (later Ripple Labs), XRP powers the XRP Ledger—a decentralized blockchain for fast, low-cost cross-border payments. Unlike Bitcoin’s mining, 100 billion XRP were pre-mined, with Ripple holding 80 billion for operations (CoinDesk). In 2024, XRP’s market cap hit $141 billion (Forbes, January 6, 2025), ranking it third behind BTC and ETH—Reuters calls it “a payments pioneer” (March 27).
- Stock Symbol: XRP isn’t a stock—it’s traded as XRP/USD or XRP/BTC on exchanges like Coinbase, Binance, and Kraken, a pure crypto play tied to Ripple’s tech and regulatory saga.
- Current Price: As of 9:07 AM PDT, XRP’s at ~$1.95 (CoinDesk projection), down 2% from yesterday’s $1.99 (adjusted from Changelly’s March 28 base). Today’s range: $1.92-$2.00 (Cointelegraph estimate)—Bloomberg notes a “tariff-driven dip” (April 2).
- Market Cap: Approximately $112 billion (based on 57.45 billion circulating supply, CoinDesk)—down from $123 billion last week (CoinMarketCap, March 24 projection)—reflecting a $10-15 billion drop as markets cool (Mudrex estimate).
- 52-Week Range: XRP’s soared from $0.52 (November 2024, Forbes) to $3.40 (January 2025, Invezz)—today’s $1.95 is 275% above the low but 43% off the high, hinting at a correction or consolidation. Cointelegraph ties it to “post-SEC fade” (April 2).
- Revenue: XRP doesn’t generate revenue—Ripple does, with $1 billion+ from payment solutions in 2024 (Yahoo Finance projection). Transaction volume’s down 50% since December (TradingView)—Forbes warns of “utility slowdown” (April 1).
- Earnings Per Share (EPS): Not applicable—XRP’s value tracks market sentiment, not profits. Analysts peg April’s average at $2.24 (Cryptopolitan, March 27)—Bloomberg sees “volatility ahead” (April 2).
- P/E Ratio: No P/E—crypto’s judged by market cap and adoption. XRP’s $112 billion cap is “mid-tier” vs. BTC’s $1.5 trillion (CoinDesk)—Reuters calls it “undervalued if adopted” (March 25).
- Dividend: No dividends—XRP’s gains come from price appreciation. Ripple’s escrow releases (1 billion monthly, CoinDesk) dilute supply—Forbes notes “no yield play” (March 28).
- Recent Performance: XRP spiked 3% to $2.45 post-SEC appeal drop (March 25, Cointelegraph), but tariffs (April 2, Reuters) and PCE (2.8%, Yahoo Finance) cut it to $1.95—down 20% from last week’s $2.45 (CoinDesk). CNN ties it to “macro pressure” (April 1).
- Tariff Impact: Trump’s 25% auto tariffs (Reuters, April 2) hit risk assets—XRP’s no exception, shedding 2% today. “Consumer spending’s at risk,” warns Bloomberg (April 2)—less disposable income for crypto bets.
- Regulatory Boost: SEC’s appeal drop (March 25, Cointelegraph) and Paul Atkins’ crypto-friendly SEC stance (CoinDesk, March 27) lift sentiment—“ETFs are 65% likely,” says Bloomberg (March 27)—but no spark today (Reuters, April 2).
- Analyst Buzz: Changelly forecasts $2.12-$4.52 for April (April 2)—Coinpedia sees $5.81 by year-end if adoption grows (April 3). Forbes predicts $3-$10 with ETF approval (March 9)—CNN cautions “tariff drag” (April 1).
- Investor Takeaway: XRP at $1.95—a dip-buy chance with ETF and adoption upside, but tariffs and inflation cap gains. April’s choppy—$1.80-$2.50 range (Cointelegraph)—buy for long-term if $2 holds, hold off short-term (Bloomberg, April 2).
GLHR Takeaway
XRP’s at $1.95 today—down 2% as tariffs (Reuters) and PCE (2.8%) fuel a $10-15 billion cap hit (Mudrex). It’s a value play with regulatory tailwinds, but macro risks loom—Forbes sees “tough April” (April 1). Expect volatility—$1.80 support or $2.50 breakout (CoinDesk). Dip-buy for $3+ potential—full riff at glhrinvesting.com!