$XRP Recently, XRP has experienced significant fluctuations. As of late December 2024, XRP is trading around $2.23, having gained about 0.44% in the past day.
However, it has seen a notable drop of nearly 20% from its peak of $2.7255 on December 17, primarily due to broader market pressures and macroeconomic factors like a hawkish Federal Reserve stance.
Despite these short-term challenges, XRP has shown impressive performance over the year.
Since the November 2024 presidential election, XRP has surged by 328%, far outpacing gains seen in Bitcoin and Ethereum.
Additionally, XRP is currently the most-traded altcoin on Binance, with a trading volume of $116.6 billion in December alone, showcasing strong investor interest.
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