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Reading: XRP Ready To Double In Value After the US-Iran Ceasefire?
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Mycryptopot > News > Crypto > Solana > XRP Ready To Double In Value After the US-Iran Ceasefire?
Solana

XRP Ready To Double In Value After the US-Iran Ceasefire?

April 8, 2026 3 Min Read
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The worldwide market is respiratory a sigh of reduction after US President Donald Trump introduced a 14-day ceasefire to the Iran struggle. The Islamic Republic agreed to reopen the Strait of Hormuz, which had choked the oil provide because the starting of March. Bitcoin shot up 5% after the announcement, reaching a excessive of $72,000, whereas Ethereum surged almost 7%, hitting $2,300. Ripple’s native token XRP broke out from its stagnation part, surging 6%, and is at the moment buying and selling at $1.38.

XRP had dropped sharply because the struggle broke out, and the cryptocurrency market was hit onerous. Optimism is excessive within the broader markets, and the subsequent two weeks may result in higher returns. “There shall be plenty of optimistic motion! Massive cash shall be made. Iran can begin the reconstruction course of. We’ll be loading up with provides of every kind, and simply ‘hangin’ round’ with the intention to be sure that all the pieces goes effectively,” wrote the President on Reality Social.

Can Ripple’s XRP Double in Value Now?

Ripple’s XRP had surged almost 600% in worth between October 2024 and July 2025. It breached its earlier all-time excessive of $3.40, which it reached in 2018, and recorded a brand new excessive of $3.65 in July final 12 months. XRP went from a low of $0.52 to a excessive of $3.65 in lower than a 12 months. It has fallen since then however is struggling to climb above the $1.50 vary.

Nevertheless, whereas the market is rallying, this comes with limitations because the struggle is just not over. Ripple’s XRP is doubling in worth. The ceasefire, which lasts for 14 days, nonetheless casts a shadow and is a gray cloud hanging above the markets. Going by how erratic each Trump and Iranian leaders are, a full cease to the struggle is uncertain. As an example, simply when the ceasefire was introduced, Israel launched assaults on Lebanon, saying that the ceasefire didn’t embody them.

mycryptopot
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