The Ripple-affiliated XRP cryptocurrency has commenced the year 2025 with positive dynamics, standing out among other leading cryptocurrencies.
Current Performance of XRP
According to CoinGecko, XRP has risen by 1.8% over the past 24 hours, reaching $2.17. This positions it as the only major cryptocurrency currently in the green, unlike Ethereum (ETH) and Solana (SOL), which have decreased by 2.6% and 3.3%, respectively.
Historical Growth of the Token in 2024
XRP ranked among the most traded crypto assets in the past 24 hours with nearly $4 billion in trading volume. The token was a highlight of the fourth quarter of 2024 due to its significant rally. Despite taking a breather towards the year's end, XRP showed an impressive 238% annual growth, closing the year at its highest-ever mark, $2.08, though it remains far from previous peaks.
XRP's Role in the Market and Expectations for 2025
XRP has become a favorite among traders in South Korea, well-known for its fondness for altcoins. Expectations of a pro-crypto U-turn by the SEC have bolstered the token's popularity. Ripple's top legal officer, Stuart Alderoty, recently outlined his key principles for the SEC, emphasizing the agency cannot police simple asset sales. There are also several spot ETF filings for the XRP token, which could provide the token with an edge in 2025.
Starting on a positive note, XRP maintains its popularity and market activity, fostering hopes for successful development in 2025.
