Ethereum and XRP surged with an influx of $270 million as investors flocked to altcoins.
Ethereum and XRP have seen significant increases in value with an influx of up to $270 million thanks to investor attention on altcoins. XRP, in particular, has experienced an impressive price surge, becoming the third-largest cryptocurrency by market capitalization, surpassing both Tether and Solana, with a current market cap of around $136 billion. This price increase stems from investor optimism, especially after Donald Trump's victory in the election, leading to hopes for the easing of cryptocurrency regulations in the U.S.