XRP has skyrocketed a whopping 26.47% in the past 24 hours.
WisdomTree debuted an XRP ETP which is 100% backed by the altcoin.
XRP has received a three-year high of $1.43 but is still down significantly from its ATH.
XRP, the sixth-largest cryptocurrency by market capitalization, surged 26.47% in the past 24 hours, reaching a market capitalization of $79.70 billion—its highest level since the 2021 bull market. With the potential introduction of spot XRP exchange-traded funds (ETFs) in the US, the altcoin may continue to climb.
CoinMarketCap data shows XRP gained a substantial 74.02% in the past week and is up 163.43% in the past 30 days. The cryptocurrency trades at $1.40, down 63.49% from its all-time high of $3.84, reached seven years ago in January 2018. Since November 2023, XRP gained 135.64%.
XRP reached a three-year high of $1.43, and investors expect the cryptocurrency to recover from three sluggish years. Trading volume surged 142.43% to $16.15 billion in the past 24 hours, with investors responding to comments from Ripple CEO Brad Garlinghouse.
In a recent interview, Garlinghouse highlighted that XRP was the second-largest digital asset by m…
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