|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
XRP Everywhere: Breaking Down the Crypto's Meteoric Rise
Jan 16, 2025 at 08:05 pm
Since the beginning of January, the XRP price has seen a rise of 31.5%, reaching $3.09 and boosting its market capitalization to $159 billion.
XRP continues to dominate headlines, attracting attention with impressive figures and a flurry of announcements. But what’s really driving XRP so high? Let’s break it down.
XRP price has surged since early January, showing a 31.5% increase, reaching $3.09 and boosting its market capitalization to a staggering $159 billion. This places Ripple’s crypto just behind Bitcoin and Ethereum, pushing Tether to the fourth position.
But this impressive dynamic is no stroke of luck.
Throughout 2024, Ripple Labs has been actively:
Adding to this momentum is a juicy rumor—the possible departure of Gary Gensler, whose tough anti-crypto policy has impacted Ripple. This news is sure to excite the already-energetic crypto community, especially with Donald Trump’s anticipated return to the White House, known for his pro-crypto stance.
For the first time, XRP has surpassed BlackRock in market capitalization, leaving a gap of $9.46 billion behind. And that’s not all—the entertainment giant Disney has also been dethroned by Ripple with a gap of $2 billion. It seems like nothing can stop it.
According to Google Trends data, XRP is even outpacing Bitcoin in terms of global searches. This interest reflects an unprecedented mobilization of investors, both institutional and individual.
As an analyst notes on X, "XRP breaks historical peaks with solid momentum. Hang on, the journey is just beginning!"
While Bitcoin remains below the $100,000 mark, XRP is approaching its 2018 records ($3.40), making this performance even more significant over the first 15 days of 2025. This time, cash investors are dominating the movements, unlike previous cycles where derivatives led the dance.
According to Ryan Lee, Chief Analyst at Bitget Research, "Looking ahead to 2025, analysts foresee XRP’s growth continuing, potentially challenging other cryptocurrencies in payment solutions. Its strong foothold in banking and international transfers could secure a competitive edge."
Furthermore, the crypto community, known as "the XRP army," continues to grow, attracting over 58,000 new followers in 2025.
At this rate, some are even envisioning an inversion with Ethereum, XRP reaching $15, or even $27, by the end of 2025, according to the boldest projections.
In summary, XRP is shaking the market and undermining the dominance of the giants. Thanks to the whales and a favorable context, 2025 could see Ripple smashing its previous records. Goodbye 2018, hello peaks!
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Clean energy electric vehicle charging tech firm Nuvve has said it will begin to buy Bitcoin by putting aside nearly a third of its spare cash.
- Jan 29, 2025 at 03:20 pm
- The Nasdaq-listed company said in a Jan. 28 press release that it would “allocate up to 30% of its excess cash, calculated based on its estimated six-month operating expenses” toward buying Bitcoin
-
- BounceBit Integrates USDC Support, Expanding Its CeDeFi Ecosystem
- Jan 29, 2025 at 03:10 pm
- BounceBit introduced a substantial update to its ecosystem through the expansion of its USDC support. Its chain now supports Bridge USDC standards while implementing USDC yield generation capabilities across its CeDeFi platform.
-
- Ripple CEO Brad Garlinghouse Discloses Discussions with Former U.S. President Donald Trump about Integrating XRP into the Country's Strategic Reserve
- Jan 29, 2025 at 03:10 pm
- In a groundbreaking revelation, Ripple CEO Brad Garlinghouse has disclosed that he held discussions with former U.S. President Donald Trump about integrating
-
- Memecoin ETF Filings Multiply as Bitwise Registers Dogecoin S-1
- Jan 29, 2025 at 03:10 pm
- Filings for crypto exchange-traded funds (ETFs) are coming in on an almost daily basis. Earlier this week, Tuttle Capital Management announced their filing of 10 leveraged crypto ETFs, featuring some well-known coins such as Solana (SOL), XRP and Chainlink (LINK), as well as Trump's memecoin TRUMP and the First Lady's MELANIA.