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Cryptocurrency News Articles
As per the data on March 18, 2025, XRP has reached the fourth place in the list of top-performing cryptocurrencies
Mar 25, 2025 at 02:33 pm
As per the data on March 18, 2025, XRP has reached the fourth place in the list of top-performing cryptocurrencies with a whopping market cap of $131.91 billion.
As per the latest data available on March 18, 2025, at 08:38 (GMT+3), XRP has risen to the fourth place in the list of top-performing cryptocurrencies with a whopping market cap of $131.91 billion. It has also managed to mark its $2.27 price, which is a slight growth of 3.07% within the last 24 hours. Furthermore, the trading volume has tentatively surged to $3.58 billion, an increase of 9.81% over the past day.
The actual supply of 58.1 billion coins is less than 99.98 billion, as is typical of cryptocurrencies. The hard cap of the maximum supply is $100 billion, which is more than the current supply, and thus, it is open for expansion. The fully diluted valuation of the asset is seared at $227.03 billion, indicating that there is a huge bullish sentiment as more investors trust the token.
The proportion of the daily volume to the market cap which reaches 2.71% is a good market depth indicator for XRP. XRP’s 3.05% market cap increment synchronizes with the consistent growth trend supported by a rising interest rate. The reports by the analysts suggest that Ripple’s innovations and legal troubles are the main forces behind the price boost of the coin.
Ripple, which is the company that is connected to XRP, has always drawn the narrative that the coin acts as a bridge for cross-border payments. The world is moving toward efficiency, there is every reason to believe that it will be a major factor of it in the future, much less that it will be an option that one could possibly live without.
Obstacles from the regulatory side notwithstanding, XRP’s approval by banks and other financial institutions has been the reason for the impressive accumulation of its price in the recent period.
In the past 24 hours, the market for XRP has been nice, as reflected in the price move of 3.07%, which is higher than the average increase across the whole cryptocurrency market.
Although Bitcoin and Ethereum continue to be the dominant ones, it seems that their situation is challenged by the increasing altitude of XRP in relation to Tether. This change may be the beginning of the departure of some of the altcoins on the rise from the crypto hierarchy ladder.
Trading volumes tell the story–a significant $3.58 billion changes hands every day. A 9.81005% moonshot in the average daily traded volume infers that Ripple is being bought by the community and institutional investors. The usage of the XRP Ledger to host a large number of transactions is another feature that makes this token more attractive to the crowd.
At $2.27 per piece, Ripple is still a long way from its ATH of $3.84, which was reached in January 2018. Nevertheless, its current equilibrium and growth signals are pointing in the direction of a possible breakout. The eyes of investors are glued to this matter as the legal case between Ripple and the SEC this year faces a possible resolution.
Out of the total supply, which consists of 58.1 billion tokens, 41.9 XRP is not yet minted. With the chain of releases being controlled and managed by Ripple, the digital token issuer and the community, the risk of saturation is reduced.
Critics view it as a way to take over while the supporters believe it would curb the volatility of the economic system and ensure stable growth of the cryptocurrency.
The fully diluted market value of Ripple is $227.03 billion in case all the coins are in circulation. With such a large figure as the result of the current market cap, it is about upside potential. Analysts believe that the trigger for a rally is a likely completion on the script when the $3.00 mark is broken, as the year 2017.
The 3.05% capitalization increase in 1 day is in line with Rise of XRP with broader treatment and relevance. The digital asset is not anymore merely an object for betting anymore, its availableness in payments makes it be perpetuated. Connections with banks and payment partners ensure the free flow of payments and, thus, the maintenance of payments.
The volume-to-market cap ratio of 2.71% shows ongoing trading with a restrained impact on price. XRP appears to be the best choice, considering other options like small altcoins, some of which are struggling to win over the market. However, it is pointed out that its balance makes it the winner no matter how strong Bitcoin’s position in the crypto system is.
The outcome of the court case with the regulatory body remains uncertain, but a decision might come shortly. If things turn out in their favor, the XRP price could finally reach over $3.
It
Disclaimer:info@kdj.com
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