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Cryptocurrency News Articles

XRP Is Still Holding Its Position as One of the Most Popular Cryptocurrencies

Mar 31, 2025 at 08:35 pm

XRP is still holding its position as one of the most popular cryptocurrencies in the market, and it is currently trading at the fourth position

XRP is still holding its position as one of the most popular cryptocurrencies in the market, and it is currently trading at the fourth position with a total price of $2.08 after a growth of 3.76% in the past 24 hours.

XRP has an overall market capitalization of $121.15 billion and has traded $3.78 billion in the last 24 hours. It has vividly portrayed the attributes of resilience and growth in the digital asset market that is continuously evolving.

XRP was created by David Schwartz, Jed McCaleb, and Arthur Britto in 2012 as an alternative to Bitcoin, focusing on the global financial transfer and currency exchange improvements.

It is interesting to note that XRP is more focused on the payment aspect than many other cryptocurrencies as it provides a transaction time of 3-5 seconds while Bitcoin’s transaction speed is with a 500-second delay.

The cryptocurrency is powered by the XRP Ledger (XRPL) blockchain, which is their own invention, and is open-source, permissionless, and decentralized. There is no exact supply but it is mentioned that XRP’s main supply is 100 billion tokens where they are pre-mined and 58.2 billion of the total supply is currently in circulation which is an impressive percentage.

XRP’s meager transaction costs significantly lower at around $0.0002 per transaction which has attracted not only individuals but also financial institutions. With a cost cheaper than that of its nearest rival like Bitcoin, XRP has the ability to process about 1,500 transactions per second, making it a very scalable solution for global payments thus the cost-effectiveness remains the same.

There have been several new developments that have greatly affected the profile of XRP. On March 2, 2025, the Donald Trump administration announced a plan to include XRP among five digital assets in a cryptocurrency strategic reserve and on March 6, 2025, the order was officially published in the White House.

This update comes after a very important legal win in July 2023, when Judge Analisa Torres of the United States District Court for the Southern District of New York declared that XRP itself was not a security. This move was very important because it made the XRP token investment more attractive for institutional players by giving them a higher level of regulation.

The increase of XRP’s value was the consequence of the mentioned good news which was pretty obvious last year. Specifically, as of about mid-March 2025, the XRP cryptocurrency rallied around $2.30 with an impressive gain of approximately 282% from $0.60 to over $2.30, demonstrating a strong market belief against the recent fluctuations in the price.

Analysts on the market continue to be positive that XRP will perform well in the future. The 2025 estimates claim that the digital assets may touch even $4.28 and will bottom out at $1.39. Detailed projections suggest that the price of XRP may range even within the bands of $2.45-$2.49 in March 2025 and quite possibly even further up to $2.93-$4.28 by the end of April.

Since it is actually the ability of the token to be used in the real world that makes it different from its competitors, it is mostly utilized in international money transfer activities that involve bank surrender.

With the help of XRP, the banks can very rapidly and at the same time very cheaply accomplish the settlement of transactions internationally, the hands of some long-running challenges of the financial institutions being thus finally played off.

XRP is a digital asset with a variety of uses apart from the international money transfer direct action, such as remittances, peer-to-peer lending, insurance claims processing, supply chain management, and smart contracts. This feature has mainly been responsible for its increased use in different financial industry segments.

XRP cryptocurrency’s environmental likelihood sounds even more attractive to investors. XRP is highly sustainable while Bitcoin, by contrast, accounts for only 0.3% of the global energy consumption, which is virtually zero in relation to current climate. Thus, it is a more environmentally friendly and co2 responsible choice among the digital assets.

It is imperative to state that Ripple, the digital currency solution company, employs the XRP token in its international payment network, RippleNet, whereas Ripple does not own or control XRP Ledger or XRP.

The link of Ripple and XRP is one that remains incomprehensible for many crypto enthusiasts, with most of the people thinking that Ripple is the owner of XRP, which is actually not the case.

Ripple does indeed footprint the six conferring nodes along the XRP ledger. The XRP Ledger Foundation, which was ushered in 2020 and sustained by the donations of Ripple and other companies, has effectively maintained the XRP Ledger even

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