ADA has soared past $0.65, XRP is close to $0.9.
Ripple's (CRYPTO: XRP) rally is increasingly gaining momentum amid whale accumulation and increased optimism from traders. What Happened: XRP surged 22% on Friday, bringing its seven-day gains to 57%.
TL;DR 89% of new tokens launched in 2024 will come from the Solana ecosystem, with a strong push from memecoins. Pump.fun has been the main platform for the launch of these tokens, especially in the case of memecoins.
What is the Ripple Effect? And what is the Ripple Effect on XRP?
After an extended period of consolidation below the $0.60 mark, XRP is signaling a potential breakout, with the token now eyeing the elusive $1 milestone.
XRP, one of the most talked-about cryptocurrencies, has faced a period of lackluster price action, frustrating many investors. Despite trading significantly below its all-time high (ATH), some experts believe that XRP could be on the verge of a dramatic rally that will see it surpass its previous record within weeks.
In the last 24 hours, XRP trading volume has increased by 81%, as the cryptocurrency market faced a sell-off that resulted in nearly $504 million in futures liquidations.
Story Highlights Ripple price reclaims the $0.80 mark for the first time since 14th July 2023. Gary Gensler's resignation sparks price to soar over 30% within hours. Bullish action could push the XRP price toward $1 soon. The XRP price has outperformed the top cryptocurrencies with a meteoric rise in its valuation.
LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.
XRP has been experiencing a significant increase in on-chain activity, which has resulted in a recent surge in its popularity. Analysts and investors have expressed interest in the XRP Ledger, Ripple's digital payment platform, due to its increased transaction throughput.
Ripple CEO Brad Garlinghouse has taken to X to comment on Bitwise's recent ETF filing that includes exposure to the XRP token. "XRP, BTC, ETH, SOL — that's the alphabet soup I like to see," Garlinghouse said in his social media post.
XRP the 7th largest cryptocurrency has experienced a whooping surge of around 15% over the last 24 hours, beating the broader crypto market trend. While Bitcoin and Ethereum saw losses of 1.4% and 3.8%, respectively, XRP briefly crossed the $0.80 mark.
Solana price targets $500 as bulls drive a breakout. With memecoins boosting interest, could this be the start of a rapid SOL rally? Discover key insights now. The post SOL Bulls Push for $500 After Strong Breakout – Is a Rapid Rally Starting? appeared first on Cryptonews.
The 230-day post-halving period typically signals a drop in Bitcoin dominance, fueling altcoin momentum.
Ripple chief executive officer Brad Garlinghouse has published a tweet in which he made a prediction about the future role of the US for the cryptocurrency industry.
Their holdings have surged to their highest levels since June 2018.
The price of Cardano has risen by 2.5% in the past 24 hours, reaching $0.5954 and outperforming the crypto market amid speculation that Cardano may partner with SpaceX. The post Cardano Joins Top 10 Cryptos – Will ADA Challenge Solana Next? appeared first on Cryptonews.
TL;DR XRP surged 15%, reaching $0.84, amid speculation of SEC Chair Gary Gensler's potential resignation and ongoing SEC lawsuits. The price increase is driven by market sentiment and significant whale accumulation, with wallets holding at least 1 million XRP reaching their highest balance in 65 months. Gensler's hinted departure and lawsuits from 18 U.S.
Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.
Recently, the cryptocurrency market has been facing challenges, as Bitcoin price decreased by 5% to around $87,000 from its earlier peak of $93,000. This decline has been experienced universally, with altcoins in particular experiencing even more significant drops of up to 20%.
Solana (SOL), a Layer 1 blockchain, has experienced significant price activity throughout November. Following an early surge, the cryptocurrency faced strong resistance around the $218 mark, prompting a brief retracement.
XRP's price action has been the subject of much attention lately, as the cryptocurrency shows signs of a potential trend reversal. The key indicator that has drawn focus is the formation of a “spinning top” candlestick, a pattern often linked with indecision in the market.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
Solana (SOL) has recently gained significant attention in the crypto market after a strong price rally, which has brought it back to levels not seen since November 2021. With Robinhood's decision to relist SOL, the token has surged, breaking past key resistance levels and setting the stage for potential new all-time highs.
XRP has showcased a major boom in the past 24 hours as its price outranked the majority of its peers across the board. At the time of writing, the coin's price has retained a 12.13% uptick to $0.7971.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.
Sol Strategies acquires four new validators to increase investment opportunities for shareholders via staking rewards. New Validators for Sol Strategies Four validators have been acquired by Sol Strategies (HODL), a cryptocurrency investment company run by Leah Wald, former CEO of Valkyrie Investments, for around $18 million in cash and stock.
Check out XRP's next potential targets after hitting a 16-month high.
XRP has been on a pretty impressive run lately, jumping over 40% in the past week and hitting a four-month high of $0.847 on Thursday.
Yesterday, Ripple's (XRP) price soared to the highest level since July 2023 following rumors that US Securities and Exchange Commission (SEC) Chair Gary Gensler could soon resign. This development ensured that the altcoin was the highest gainer out of the top 10 cryptos.
The crypto community often presents millionaires here and there after their successful trading journey. However, many still question how many tokens, especially Solana tokens to buy to become a crypto millionaire.
The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.
Solana reaches $218.01 with 4.93% daily gains, supported by strong technical indicators and institutional sentiment despite decreased social volume.
XRP surged over 16% in 24 hours, fueled by regulatory optimism following Donald Trump's election, sparking expectations of a rally to $1. XRP was trading at $0.
Solana (SOL) price has seen a remarkable 40% surge in recent weeks, climbing to $210. Despite this bullish uptrend, SOL is encountering challenges at the $221 resistance level, which could signal a potential reversal.
XRP skyrockets 17% in just 24 hours, outpacing Bitcoin (BTC) and other major cryptocurrencies.
Ripple Labs has made strategic moves in the recent past to strengthen the mainstream adoption of XRP despite the legal hurdles emanating from the US SEC.
Ripple's native crypto, XRP, turned out to be the biggest gainer among the top 100 cryptos breaching the much awaited $0.80 price level. On the other hand, Bitcoin (BTC) and Dogecoin (DOGE) recorded a drop of over 2% and 7%, respectively, in the last 24 hours.
Gary Gensler's potential resignation as SEC chair has sparked optimism about XRP price performance within the crypto community. The asset outperformed the market over the last 24 hours, surging 15.9% to a $0.8386 daily high before retracing and stabilizing at its current price of $0.7978.
Ripple's XRP token recorded a 20% increase, hitting a high of $0.838 hours after Gary Gensler signaled a potential resignation.
The government agency and the President have unfairly pursued the crypto industry.
Litecoin's self-declared transition to memecoin status on November 14, 2024, triggered a 15% price rally to $82.25 and sparked increased trading activity, mining operations, and community engagement.
Solana's bullish momentum continues, backed by strong sentiment and technical indicators signaling potential gains.
At the beginning of this year, the price of XRP was at $0.6295. Right now, it stands at $0.7965, marking a 26.52% growth year-to-date. Meanwhile, the Bitcoin market has experienced a massive growth of 98.13% during the same period. Many top cryptos, including Solana and BNB, have shown strong performance this year.
XRP outperforms crypto market, gaining 15% as potential SEC leadership changes stir optimism. Fundamental and technical factors align for a possible 20% rally this November.
XRP, the seventh-biggest cryptocurrency by market capitalization, hit a new 2024 high of $0.847 on Thursday on the Bitstamp exchange.