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The XRP cryptocurrency recently hit yet another multi-year high of $2.79, according to CoinGecko data.

Ripple's native token XRP is making a wave in the cryptocurrency landscape with its impressive performance. With a significant price surge of over 420% in the last 30 days, XRP has outperformed major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and others.

XRP surged in cryptocurrency rankings, driven by regulatory optimism, political shifts, and Ripple's stablecoin approval.

XRP (CRYPTO: XRP) is continuing its parabolic uptrend amid fresh ETF applications and heightened whale activity. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.74 $156.3 Billion +44.7% +93% Bitcoin (CRYPTO: BTC) $97,276.76 $1.93 Trillion +0.04% +1.5% Ethereum (CRYPTO: ETH) $3,679.74 $442.9 Billion -1.4% +4.4% Trader Notes: Influential investor Raoul Pal said on X that XRP has a “great-looking” chart, noting that a long wedge pattern similar to the current one previously led to a 5,600% rally.

Over the past day, XRP, the digital currency, has climbed more than 41% against the U.S. dollar, marking a 431% increase overall. Trading Mania: XRP's Explosive Rally Draws Global Attention Currently riding a wave of momentum, XRP is trading at $2.77 per coin as of 11:20 a.m. ET on Dec. 2.

The Ripple-linked XRP has skyrocketed over the last month, significantly outpacing other top coins like Bitcoin and Dogecoin.

In criticism of the U.S. Securities and Exchange Commission (SEC), Ripple's Chief Legal Officer Stuart Alderoty has accused the regulatory body of engaging in actions that have artificially suppressed the cryptocurrency market.

In a week full of ups and downs for digital assets, XRP stole the spotlight with a whopping $95 million in inflows, marking the highest weekly total ever recorded by CoinShares for investment products based on this popular cryptocurrency. This 621% week-over-week increase is a great example of how the token is attracting more and more attention, especially as financial market participants are talking more and more about U.S.-based ETFs on XRP.

Ripple's XRP has seemingly come to life, retaking its third position that it held for years until the Securities and Exchanges Commission (SEC) sued it in December 2020.

Digital asset investment products experienced their second-lowest weekly inflows in the past eight weeks, totaling $270 million, according to CoinShares‘ latest fund flow report. This brings the total year-to-date inflow to $37.3 billion.

XRP has skyrocketed by 420% in the past month!

Shortly after the XRP price surged by over 27% this past weekend, crypto analyst Ali Martinex highlighted the latest XRP purchases by whales: XRP's price action — up a highly 40% in the past 24-hour period — had even some prominent global macro investors, such as Raoul Pal, excited about XRP's potential to go even

The price of XRP has exploded by 18% in the past 24 hours, as traders continue to buy it up in the wake of Gary Gensler's resignation as SEC Chairman. The post XRP Overtakes Solana and Tether as Market Cap Reaches $139 Billion – Can XRP Hit $100 Next? appeared first on Cryptonews.

Raoul Pal, CEO of Real Vision, has publicly admitted that he was wrong about XRP, a cryptocurrency he had previously criticized for underperforming.

The demand for XRP among institutional investors has seen several fund managers file for spot ETF approval amid the upcoming change of the US SEC administration.

New York-based asset management firm WisdomTree has joined the training of asset managers filing for an XRP exchange-traded fund (ETF).

For weeks, XRP's price performance has been at the center of attention on the crypto market. Hitting $2.50 at the start of December and posting a staggering, almost 400%, gain since the U.S. election last month, the token has climbed into a dominant position.

A new week has started with a neutral market mood, according to CoinMarketCap.

Michael Arrington has published a tweet to comment on the mammoth growth seen by XRP as it managed to surpass the $2 price level on Sunday.

XRP, the popular cryptocurrency, has been on a stunning rally, surpassing $2.50 at the start of December 2024. This marks a staggering 368% gain since November, pushing its market capitalization to $137 billion.

Spot Bitcoin ETF issuer WisdomTree has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF). WisdomTree joins Bitwise, 21Shares, and Canary Capital in seeking SEC approval for spot XRP ETFs.

The Ripple price went parabolic in November, making it one of the best-performing cryptocurrencies. Ripple (XRP) surged to a high of $2.50, climbing over 400% from its monthly low.

The crypto has returned to its third position in the ranking by market capitalization.

XRP has seen an amazing 400% price surge in November 2024, making it the third-largest cryptocurrency by market value. It reached as high as $2.42 before stabilizing around $2.35.