The XRP Resurgence: $3 Milestone, a Crypto-Friendly President, and ETF Speculation | by Chip Mahoney | The Capital | Jan, 2025
For the first time in seven years, XRP has soared past the $3 mark, a milestone that not only excites crypto enthusiasts but also signals a potential turning point for the digital asset landscape. This historic surge comes as the United States prepares to usher in a new president — one with a decidedly pro-crypto stance — and whispers of an XRP exchange-traded fund (ETF) are growing louder. Let’s explore what this convergence of events could mean for XRP and the broader cryptocurrency market.
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XRP’s rise to prominence was never without its hurdles. From its legal battles with the SEC to years of suppressed prices, XRP has faced an uphill climb. Yet, its recent rally demonstrates resilience and investor confidence. The surpassing of $3 is more than a price point; it’s a testament to the increasing adoption of XRP as a utility-driven token in cross-border payments and financial ecosystems.
