The Ripple-affiliated XRP cryptocurrency has began the brand new yr within the inexperienced.
In accordance with knowledge supplied by CoinGecko, it’s up by 1.8% over the previous 24 hours, at the moment altering palms at $2.17.
Notably, it’s the solely prime 10 cryptocurrency that’s at the moment within the inexperienced.
Other main altcoins have had a slightly underwhelming begin this yr. Ethereum 
ETHUSD and archrival Solana 
SOLUSD are down 2.6% and three.3%, respectively.
XRP can also be among the many most traded cryptocurrencies over the previous 24 hours, producing practically $4 billion in buying and selling quantity.
This comes after the controversial token stole the highlight within the fourth quarter of 2024 with its great rally.
XRP took a breather nearer to the top of the yr, but it surely was nonetheless up a formidable 238% on an annual foundation. The token secured its highest-ever yearly shut of $2.08. Nonetheless, it’s nonetheless removed from reaching the all-time excessive that was achieved again in early 2018.
As reported by U.As we speak, Ripple carried out its month-to-month XRP unlock earlier at this time. A large quantity of XRP was additionally lately despatched to Bithumb.
The Ripple-affiliated token lately emerged as a dominant pressure within the South Korean cryptocurrency market, which is especially recognized for its love for altcoins.
XRP turned the darling of merchants on account of expectations of the SEC’s pro-crypto U-turn.
As reported by U.As we speak, Stuart Alderoty, Ripple’s prime authorized officer, lately unveiled his key rules for the SEC, arguing that the company can not police easy asset gross sales.
There are additionally a number of spot ETF filings for the XRP token within the U.S. They may give the token a much-needed edge in 2025 over another main altcoins.
