In 2024, XRP’s price soared to levels unseen since 2018, reinstating its place among the top three cryptocurrencies by market cap. This remarkable growth was fueled by positive developments in the regulatory environment and the increased Optimism among investors.
Ripple continued its legal battle with the SEC, securing favorable rulings that strengthened XRP’s standing. Simultaneously, the launch of the RLUSD stablecoin and multiple XRP ETF filings signaled strong institutional interest, enhancing XRP’s market liquidity and potential growth in 2025.