$XRP XRP Hits 7-Year High of $3 as Meme Coins on XRP Ledger Surge, Boosting ARMY Market Cap to $107 Million
*ARMY*, a token tied to the XRP community, saw a 30% increase, reaching a market cap of $107 million. Other meme coins like *PHNIX* and *LIHUA* also posted gains, with $1 million in secondary trading volumes within a day. This rally is a big deal, with XRP's market cap reaching new heights and attracting attention from investors and crypto enthusiasts alike. The XRP Ledger is buzzing with activity, and it's exciting to see the community-driven tokens like ARMY leading the charge .
XRP hit a seven-year high on Jan. 15, 2025, touching nearly $3 as the XRP Ledger experienced a surge in activity, driven by meme coins.
Dogecoin Jumps 11%, Bitcoin and XRP Rebound After 2025 Rate Hike Fears Trigger Monday Sell-Off
the rebound in these cryptocurrencies suggests that investors are looking beyond the potential interest rate hikes and focusing on the long-term potential of the market. With major players like Bitcoin, Ethereum, and XRP showing strong gains, the market seems poised for further growth. It's also worth noting that Dogecoin's rise is partly driven by speculation about Elon Musk's potential involvement in the government, which could lead to some kind of value for the cryptocurrency
Cryptocurrencies, including Dogecoin, Bitcoin and XRP, are experiencing a significant rebound after a sharp decline on Monday.
Bitcoin's price has been fluctuating, but it's still the leading cryptocurrency, with a market cap of over $1.9 trillion. Other popular cryptocurrencies like Ethereum, XRP, and Solana are also experiencing significant trading volumes, with prices ranging from $3,600 to $212 Crypto exchange-traded products (ETPs) recorded $47 million in inflows last week, according to a report from CoinShares.
Altcoin trading volume has reached 78%, indicating a significant shift in market sentiment. This surge may be driven by:
1. Increased adoption of alternative cryptocurrencies 2. Growing demand for decentralized finance (DeFi) applications 3. Improved liquidity and trading infrastructure
*Key Statistics:*
1. Altcoin market capitalization: $1.3 trillion 2. Bitcoin dominance: 42% 3. Top altcoin gainers: Ethereum, Binance Coin, and Cardano
MediaAltcoin trading volume on Binance has increased significantly, reaching 78% in January 2025, up 11% from the previous months.
The surge in altcoin trading volume may lead to increased market volatility. Investors should exercise caution and conduct thorough research before making investment decisions.
Aave is a decentralized finance protocol allowing users to lend and borrow cryptocurrencies. It's an open-source, non-custodial liquidity protocol where suppliers earn interest and borrowers access liquidity by providing collateral .
Ethereum Leads the Altcoin Rally—Latest Ethereum News Sparks Optimism
Driven by network upgrades, DeFi dominance, and institutional investment. Litecoin, PlutoChain, and SUI also gain traction.
Ethereum is leading the altcoin rally, driven by its recent network upgrades, growing role in decentralized finance (DeFi) and non-fungible tokens (NFTs), and increasing institutional interest. Its dominance in the altcoin market is underscored by its 60% gain over the past five weeks, testing the critical $4,000 resistance level ¹.
Ripple Secures NYDFS Approval for RLUSD Stablecoin, Aiming for $2 Trillion Market Cap by 2028
Ripple Labs’ RLUSD stablecoin has been approved by the New York Department of Financial Services (NYDFS), according to CEO Brad Garlinghouse. # XRP remains a speculative asset with both high risks and high rewards. Its long-term bullish potential, as indicated by technical analysis, may appeal to investors with a higher risk tolerance.
As a direct consequence of the martial law declaration, cryptocurrency prices on South Korean exchanges nosedived. Bitcoin dropped over 30% to $62,000 on Upbit, with other cryptocurrencies like XRP witnessing an astonishing 56% decline within 30 minutes on KRW pairs. Global market prices remained stable during this period, causing a $4,000 arbitrage gap that illustrated growing fear among investors
The South Korean crypto market made a swift recovery the very next day. Bitcoin was trading at around 136 million KRW, recovering from the previous day's low of 116.4 million KRW. XRP also bounced back, trading at 3,700 KRW, up from 2,800 KRW.
Ethereum ETFs Record $1.3 Billion in Inflows as Ether Price Surpasses $4,000 MediaEthereum-based spot exchange-traded funds (ETFs) have been experiencing a streak of inflows, with Dec. 6 marking the 10th consecutive day of positive inflows.
Bitcoin reached an all-time high of $100,000 on December 4, 2024, driven by growing mainstream acceptance and institutional investment. Experts predict continued growth, with potential long-term prices reaching $1,000,000.