Indicators in the cryptocurrency market suggest the beginning of a new recovery, as the focus gradually shifts from Bitcoin to alternative currencies that have begun to attract the attention of both investors and analysts, including the Ripple (XRP) currency. Although Bitcoin led the recent bullish wave, current forecasts suggest that the next phase may favor smaller cryptocurrencies in terms of market value but with high potentials.
Among these assets, Ripple stands out as it has proven its resilience across multiple cycles in the crypto market, overcoming regulatory challenges and violent fluctuations. Ripple continues to enjoy the trust of a wide range of traders, thanks to its robust technical infrastructure and a development team that consistently supports the project.
In light of this momentum, several analysts expect Ripple to perform exceptionally well in the upcoming period. Expert "CryptosRUs" has predicted that its price could rise to between 8 and 10 US dollars by 2025, compared to its current price of around 2 dollars, representing growth ranging from 4 to 5 times.
Predictions of Ripple Rising to 10 Dollars One of the factors that could contribute to this potential rise is the anticipated launch of exchange-traded funds (ETFs) related to digital assets like Ripple. Once these funds become available in the markets, they could pave the way for new institutional inflows that support the upward price trend. Analysts believe that Ripple's inclusion in these funds will enhance its investment legitimacy and support its stability in the long term.
Declining Bitcoin Dominance Paves the Way for Altcoins Meanwhile, Bitcoin's dominance in the market is experiencing a noticeable decline, having peaked at 65% in early May before gradually decreasing, signaling a shift in liquidity towards alternative cryptocurrencies. This phenomenon is known to typically pave the way for what is referred to as "altcoin season," which may have actually begun since May 7. Historically, these periods last between one and three months, and their duration currently depends on the extent to which Bitcoin's dominance continues to decline.
The focus now turns to whether this cycle of altcoin season will witness the same time extension or if it will be shorter than usual. If Bitcoin's dominance continues to decline, alternative assets may continue to record strong gains for a longer period, whereas if it rebounds, the bullish wave may halt quickly within the next few weeks.
