Ripple’s XRP surges to 2024 high amid Trump win, stablecoin optimism
Donald Trump’s election win, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge.
Ripple’s XRP token has surged to a new 2024 high as investors anticipate pro-crypto developments in the United States under President-elect Donald Trump.
On Dec. 1, XRP (XRP) surpassed Solana (SOL) in market capitalization and has since flipped Tether’s USDt (USDT) to become the third-largest crypto asset by market cap. Cointelegraph Markets Pro data shows that the token surged as high as $2.46 on Dec. 2 before dropping back to $2.29.
Seven-day price chart for the XRP token. Source: Cointelegraph Markets Pro
Go to Source
Author: Ezra Reguerra
