XRP Reaches Six-Year High Amid Market Surge
- XRP surged to a six-year high, briefly topping $3 during U.S. trading.
- The token increased by 11% in the past 24 hours, outperforming bitcoin’s 3.6% rise.
- XRP’s market capitalization reached $170 billion, surpassing BlackRock.
- Large investors accumulated 1.4 billion XRP tokens since November, worth approximately $3.8 billion.
XRP’s price increase was driven by growing partnerships and speculation about a potential spot ETF approval, positioning it as the third-largest cryptocurrency by market cap behind Bitcoin and Ethereum.
