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XRP Hits 7-Year High: A New Chapter for the Asset

Tags: new
DATE POSTED:January 20, 2025

XRP has reached a significant milestone, achieving a market value of $3.39 for the first time since January 2018.

This remarkable surge marks a 7-year high, with XRP now gaining renewed attention from both retail and institutional investors. Over a recent 8-hour period, the network recorded 2,365 transactions exceeding $100,000—the highest spike in large-scale activity since December 23. Additionally, the total number of XRP holders is growing rapidly, further highlighting its increasing adoption.

XRP Among the World’s Top Assets 

Currently ranked as the 79th largest asset globally by market capitalization, XRP is securing its place as a formidable player in the financial landscape. This growth is happening against the backdrop of a broader trend of institutional recognition.

In 2024, Bitcoin and Ethereum ETFs received approval, paving the way for new crypto-focused investment products. Looking ahead to 2025, ETFs for Solana, XRP, Litecoin, and HBAR are next in line, potentially driving even more interest and capital inflows into the space.

U.S. Investor Interest on the Rise

In a groundbreaking development, XRP has overtaken Bitcoin in 24-hour trading volume on Coinbase, one of the largest cryptocurrency exchanges in the United States. This shift demonstrates growing interest from U.S. investors, with XRP now leading trading activity ahead of Bitcoin and Ethereum.

Tags: new