The historic rise of Bitcoin to the $100,000 milestone saw many significant cryptocurrency stories unfold this year, further legitimizing the industry.

This year's events brought a revival to many well-known crypto projects that had faced difficulties, including Ripple Labs, which achieved significant legal victories regarding strong growth forecasts from U.S. securities regulators.

In addition to reaching historic highs, in 2024, some of the world's largest institutions (such as BlackRock) have re-engaged with blockchain, launching various cryptocurrency-based products.

Moreover, the electoral victory of President Donald Trump in the 2024 election boosted investor interest in risk assets like cryptocurrencies, as the improved environment is expected to bring more regulatory transparency, especially for tokens like XRP.

Over the past year, XRP has risen by more than 251%, more than double Bitcoin's 117% return. Cryptobubbles data shows that this makes XRP the second-best performing currency among the top ten cryptocurrencies.