XRP starts 2025 with a strong price increase
XRP, the cryptocurrency created by Ripple Labs, began 2025 with a strong price increase and is trading at levels not seen since the early days of December.
In the last 24 hours, the price of XRP rose by 13% and reached a high of $2.43.
At the time of publishing this note, its price is $2.40, which is 35% below its all-time high (ATH).
Thanks to this good performance, the cryptocurrency issued by Ripple Labs has regained its position as the third most valuable asset in the market, once again surpassing USDT with a market capitalization nearing $138 billion.
As reported by CriptoNoticias, XRP has established itself as one of the standout assets in this bullish cycle that began with Donald Trump's victory in the United States elections.
Trump's arrival in the Oval Office is accompanied by the departure of Gary Gensler as head of the U.S. Securities and Exchange Commission (SEC), who during his tenure had a prosecutorial attitude toward the industry. In some cases, the official initiated legal actions against exchanges for trading digital assets that were considered by the regulatory body as unregistered securities, having violated securities law. That classification was later removed, but the litigation involved high economic costs for the companies involved.