With a 432% gain over the last year, XRP Token (CRYPTO: XRP) is one of the top gainers among the largest cryptocurrencies.
XRP has soared in recent months with new catalysts and optimism for the incoming White House administration. Here’s a look at what’s next and a look back to where the crypto traded 10 years ago.
What Happened: XRP token soared higher on Wednesday, with a 14.8% gain and a new one-month and one-year high of $3.06. The cryptocurrency is up 29% over the last month.
The cryptocurrency continues to draw attention with speculation of new XRP ETFs getting approved and large transactions of the cryptocurrency ahead of Donald Trump’s inauguration on Monday, Jan. 20.
Executives from Ripple Labs, the company behind XRP Token, recently met with Trump and shared a picture on social media platform X.
Ripple CEO Brad Garlinghouse and Chief Legal Office Stuart Alderoty were in the picture with the post, which could hint at future cooperation and the end of legal challenges against Ripple.
While XRP has not returned to all-time highs set back in early 2018, the cryptocurrency is among the top gainers …Full story available on Benzinga.com