XRP could skyrocket to a new all-time high if it reproduces one of its most legendary price moves, an explosive 180% daily gain. Analysts at Sistine Research recently highlighted this possibility in a post on X, sparking renewed discussions across the crypto space.
They referenced XRP’s massive rally in 2017, during which the asset experienced a single-day candle close that soared by 179.55%. While this seems like a distant memory, many are now wondering: Could it happen again?
Revisiting XRP’s Record-Breaking Day in April 2017
Market data confirms the historic surge occurred on April 2, 2017. That day, XRP opened trading at $0.0220. It then climbed sharply, rising by 216% intraday to hit a peak of $0.0695. Despite encountering resistance, XRP closed the day strong at $0.0615, marking a 179.55% gain.
Although XRP dropped 47% the following day (April 3, 2017), the uptrend remained intact. By January 2018, the asset had surged to its all-time high of $3.84. This period remains one of the most aggressive bull runs in XRP’s history.
Related article: XRP Smashes Through $3 Again — Analysts Say the Rally May Only Be Getting Started
Can XRP Repeat This Performance?
The idea of another 180% daily candle is speculative but not impossible. Currently, XRP trades at around $3.27. If it posted a similar 179.55% daily candle close, its price would jump to $8.76 in a single day, marking a new all-time high.
At this level, XRP’s market capitalisation would soar to $518 billion, a stunning increase of $332 billion. While such a leap may appear to demand an equally massive capital inflow, that’s not entirely the case.
Market analyst Dom offered key insight into XRP’s valuation mechanics. In May, Dom discovered that XRP’s market cap rose by $16.6 billion from just $61 million in buy pressure, a multiplier effect of approximately 272x.
With that in mind, XRP would only need about $1.22 billion in net buy pressure to add $332 billion to its market value. While highly ambitious, the math proves such moves are structurally possible due to the way liquidity and volume interact in crypto markets.
XRP Has Proven It Can Deliver Sudden Spikes
Recent history further supports XRP’s ability to post sharp intraday gains. On March 2, 2025, XRP surged 34% in a single day, boosting its market cap by $43 billion.
Another example occurred on July 13, 2023, following Judge Analisa Torres’ ruling in the SEC lawsuit against Ripple. That decision triggered a 73% price rally in a matter of hours.
These events underscore XRP’s ability to rally dramatically under the right conditions, even if a 180% candle remains a high bar.
Final Thoughts: Unlikely but Not Impossible
While a repeat of the April 2017 rally would require perfect conditions, XRP has consistently demonstrated that it can defy expectations. Its past price behaviour, combined with market mechanics and current momentum, opens the door, albeit slightly, for another historic spike.
Should it happen, $8.76 would no longer be just a dream. But as always, the crypto market demands caution, and such a move would need major catalysts to unfold.
