XRP witnessed similar rise back in 2018
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Wisdom Tree filed an S-1 in December to launch an XRP ETF, following Bitwise, Canary and 21Shares' submissions in October and November. RLUSD, Ripple's USD-pegged stablecoin, was also launched in December, marking a significant milestone.surpassed Tether , among others, to become the third-largest cryptocurrency by market capitalization, trailing only Bitcoin and Ethereum. At the time of writing, XRP was down 1.28% in the last 24 hours to $3.
Only time will tell — but XRP has further room for growth. ETH has a market capitalization of $404 billion, which is more than twice that of XRP. In terms of price, eyes are on XRP breaking past its recent high of $3.4 and reaching $4 or possibly $5. Meanwhile, the daily SMA 50 at $2.6 has held up as XRP support since November 2024.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP Defends Its Crown as XLM Loses MomentumXRP crushes XLM's comeback dreams, but is this end for XRP vs. XLM?
Read more »
XRP Price Soars on Trump Speculation: Could XRP Replace Bitcoin in US Strategic Reserve?XRP price surges 13% since Trump's inauguration, fueled by speculation that the US government may adopt XRP for its strategic reserve, potentially replacing Bitcoin. Prominent XRP researcher Dr. Horace Drew predicts XRP could reach $1,000 if this occurs, allowing the US to eliminate its $34 trillion federal debt.
Read more »
XRP, SOL News: CME Says XRP, SOL Futures Leak Was an Error, No Decisions Are MadeA screenshot of a beta page for XRP (XRP) and Solana (SOL) futures contracts was posted on X earlier on Wednesday.
Read more »
Could XRP ETFs receive SEC approval after rumored upcoming CME launch of XRP and Solana futures?The Chicago Mercantile Exchange (CME) allegedly plans to launch Ripple's XRP and Solana (SOL) futures contracts following a now-deleted post on a staging website detailing how trading for both assets will function.
Read more »
XRP Price News: Here Are Two Reasons Why XRP May Face a Price Slide: GodboleCME's denial of XRP futures contradicts the optimism seen earlier this month, as technicals point to weakening of the uptrend.
Read more »
XRP Chart Pattern Warns of Incoming XRP Price SwingsXRP holding up in green despite ongoing market selling
Read more »