Reported about 7 hours ago
XRP experienced a remarkable 50% increase in January, significantly outperforming Bitcoin and Ethereum. This surge followed Ripple Labs' successful acquisition of regulatory approvals, including a key stablecoin approval and money transmitter licenses in major states. Increased integration of XRP by financial institutions, including partnerships bringing tokenized U.S. Treasury securities to its ledger, has further fueled this growth. Analysts suggest that XRP may soon break past $4, although some traders remain cautious due to potential market traps.
Source: YAHOO