Ripple (XRP) and Dogecoin (DOGE) were among the crypto assets that made notable gains in Grayscale’s weekly performance report. XRP rose on positive developments in the SEC case, while Dogecoin gained value on the interest of large investors and optimistic forecasts.
According to Grayscale’s weekly performance report from December 26, 2024 to January 2, 2025, XRP ranked second, with a return of 11.9% during this period. XRP has gained 15.9% year-to-date, bringing its market value to $139.9 billion. On a weekly basis, XRP is just behind Cardano (ADA), which has gained 12.2%.
Dogecoin, on the other hand, came in fourth on Grayscale’s list with an 8.6% price increase. DOGE has gained 7.1% in the first two days of 2025, giving it a market value of $53.5 billion.
In Grayscale’s weekly report, Cardano leads with a 12.2% increase, XRP is in second place with 11.9%, Solana (SOL) is in third place with a 10.5% increase, and Dogecoin is in fourth place with an 8.6% increase.
Other major crypto assets include Avalanche (AVAX) with a return of 5.1%, Tron (TRX) with a return of 4.9%, Ethereum (ETH) with a return of 3.6%, Binance Coin (BNB) with a return of 2.6%, Bitcoin (BTC) with a return of 1.3% and Toncoin (TON) with a return of -1.4%.
The rise of XRP is largely based on expectations that the SEC v. Ripple case will be resolved in its favor. The crypto community believes that Ripple will emerge victorious under the new crypto-friendly leadership of the SEC. Ripple CEO Brad Garlinghouse stated that the US Congress is the most crypto-friendly Congress in history, and this statement had a positive impact on the price of XRP.
On the Dogecoin side, investors’ interest in meme coins stands out. Popular analyst Javon Marks predicted that Dogecoin could rise above $20 by the end of 2025. These optimistic expectations increased the interest of large investors in DOGE, and whales accumulated 300 million DOGE on January 1 alone.