XRP Breaks Out Spectacularly: Up 436% In A Month, Surpassing Bitcoin and Dogecoin

Last month, Ripple's XRP has recorded impressive growth, surpassing leading cryptocurrencies like Bitcoin and Dogecoin. As of today, the price of XRP has reached $2.74, the highest since January 2018, increasing by over 436% in just 30 days.

Price Surge Drivers

1. Political and legal factors: The surge in XRP began following Donald Trump's election victory last month and intensified when SEC Chairman Gary Gensler announced he would resign in January 2025. Gensler's departure, who led legal attacks on Ripple Labs, has led investors to anticipate regulatory clarity and the potential launch of new financial products such as XRP's exchange-traded fund (ETF).

2. Outstanding performance: While Bitcoin increased by 40% in the past 30 days and Dogecoin rose by 176%, XRP has far outpaced them with a growth of 92% in the past week and 45% in just the last 24 hours.

The Future of XRP

XRP continues to reach new highs, surpassing the recovery of many major cryptocurrencies. With the SEC potentially changing its direction and increasing interest from investors, XRP has the potential to continue breaking out in the market.

Recent developments not only affirm XRP's position in the cryptocurrency space but also open a new chapter for the future of Ripple and the blockchain industry.

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