XRP, the cryptocurrency associated with Ripple, has seen a significant surge in value recently. At the beginning of 2025, the price of XRP rose by 11% to $2.40, following a 300% increase during 2024.
This strong performance is attributed to expectations of easing regulations on digital assets by the new US administration headed by President-elect Donald Trump, which could reduce legal pressure on Ripple.
In addition, XRP recently surpassed Tether to become the third largest cryptocurrency by market capitalization, with a value of around $150 billion.
It is worth noting that XRP Ledger (XRPL) is a decentralized and open-source blockchain system that aims to facilitate global payments in real time.
Despite these positive developments, investors should be mindful of the potential volatility in the cryptocurrency market and the ongoing impact of government regulations on the sector.