Whales push $XRP to its highest level of the year

Is this altcoin still undervalued?

Since hitting a local low of $0.49 earlier this month, the ledger of Ripple [XRP] has experienced a sustained upward trend, reaching its highest level of the year. This performance has stood out in the market over the past few days, outperforming all other major cryptocurrencies.

XRP outperforms other cryptocurrencies

In the past 24 hours, most coins, including Bitcoin [BTC], have experienced a sharp decline, with XRP standing out as an exception. XRP has surged by 15.3% to trade at a yearly high of $1.63.