Key Points:
- XRP surged 400% this month, fueled by legal wins and market confidence.
- Ripple’s RLUSD stablecoin and U.S. regulatory shifts drive XRP’s surge.
XRP surged 400% in a month as legal victories, regulatory optimism, and Ripple’s RLUSD stablecoin spark renewed confidence in the crypto market.
XRP Surged 400% in Just One Month
According to CoinMarketCap, XRP has stunned the crypto community with a remarkable 400% surge over the past month, reaching $2.43—the highest price since January 2018, when it hit an all-time high of $3.4. In the last 24 hours alone, XRP surged by 28%, driven by growing confidence in its market outlook.
Since November 6, just before the U.S. presidential election results, XRP surged more than 350%, outpacing all other top 10 cryptocurrencies by market cap.
Currently, XRP’s market capitalization exceeds $139 billion, surpassing Solana (SOL) and USDT to reclaim its position as the third-largest cryptocurrency globally.
Read more: WisdomTree Spot XRP ETF Seeks SEC Approval With S-1 Application
Legal Wins and Regulatory Optimism Fuel XRP’s Surge
XRP’s surge can be attributed to positive developments in the U.S. regulatory landscape. Donald Trump’s victory in the presidential election has reignited hopes for crypto-friendly policies, with the incoming administration signaling a potential easing of regulatory pressure on the industry.
Adding to this momentum, SEC Chairman Gary Gensler’s announced resignation in January 2025 has heightened investor optimism.
Recent legal victories for Ripple, including a ruling that XRP is not a security in most cases, have further reinforced market confidence. Chris Giancarlo, former CFTC Chairman and a potential candidate for Trump’s crypto advisor position, stated in a recent Fox Business interview that he believes the SEC will drop the Ripple lawsuit after losing in court.
The announcement of RLUSD, Ripple’s new stablecoin, has also played a crucial role in XRP’s surge. The stablecoin is expected to boost XRP’s utility and attract U.S. investors seeking innovative opportunities in crypto, especially after Bitcoin’s ETF-driven success.
With a combination of legal triumphs, regulatory clarity, and new product launches, XRP’s surge demonstrates its potential to sustain this upward momentum in the crypto market.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Author
Analysis
Why XRP Surged 400% in the Past Month?
Key Points:
- XRP surged 400% this month, fueled by legal wins and market confidence.
- Ripple’s RLUSD stablecoin and U.S. regulatory shifts drive XRP’s surge.
XRP surged 400% in a month as legal victories, regulatory optimism, and Ripple’s RLUSD stablecoin spark renewed confidence in the crypto market.
XRP Surged 400% in Just One Month
According to CoinMarketCap, XRP has stunned the crypto community with a remarkable 400% surge over the past month, reaching $2.43—the highest price since January 2018, when it hit an all-time high of $3.4. In the last 24 hours alone, XRP surged by 28%, driven by growing confidence in its market outlook.
Since November 6, just before the U.S. presidential election results, XRP surged more than 350%, outpacing all other top 10 cryptocurrencies by market cap.
Currently, XRP’s market capitalization exceeds $139 billion, surpassing Solana (SOL) and USDT to reclaim its position as the third-largest cryptocurrency globally.
Read more: WisdomTree Spot XRP ETF Seeks SEC Approval With S-1 Application
Legal Wins and Regulatory Optimism Fuel XRP’s Surge
XRP’s surge can be attributed to positive developments in the U.S. regulatory landscape. Donald Trump’s victory in the presidential election has reignited hopes for crypto-friendly policies, with the incoming administration signaling a potential easing of regulatory pressure on the industry.
Adding to this momentum, SEC Chairman Gary Gensler’s announced resignation in January 2025 has heightened investor optimism.
Recent legal victories for Ripple, including a ruling that XRP is not a security in most cases, have further reinforced market confidence. Chris Giancarlo, former CFTC Chairman and a potential candidate for Trump’s crypto advisor position, stated in a recent Fox Business interview that he believes the SEC will drop the Ripple lawsuit after losing in court.
The announcement of RLUSD, Ripple’s new stablecoin, has also played a crucial role in XRP’s surge. The stablecoin is expected to boost XRP’s utility and attract U.S. investors seeking innovative opportunities in crypto, especially after Bitcoin’s ETF-driven success.
With a combination of legal triumphs, regulatory clarity, and new product launches, XRP’s surge demonstrates its potential to sustain this upward momentum in the crypto market.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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