XRP hits $3 for the first time since 2018, experiencing a remarkable 14.45% surge amid heightened market activity and anticipated SEC legal developments. The token’s trading volume soars 154.53%.
XRP, the third-largest digital asset by market capitalization, has hit the $3 price tag for the first time since 2018 when it hit its all-time high of $3.84. The cryptocurrency has soared a monumental 14.45% in the past 24 hours and trades at $2.94 at the time of writing after reaching a daily high of $3.02, claiming a valuation of $168 billion.
According to data provided by CoinMarketCap, XRP’s trading volume rose a massive 154.53% in the past 24 hours to $19.11 billion. This significant price surge comes amid the anticipation of the United States Securities and Exchange Commission’s (SEC) opening brief that the agency is set to file today in the XRP lawsuit.
As reported earlier today, the transactions on the XRP Ledger also shot up, with the blockchain network recording around 341 transactions with over $1 million in value. Considering the recent price surge, analysts expect XRP $2.23 24h volatility: 2.5% Market cap: $130.28 B Vol. 24h: $2.55 B to outperform its rivals in 2025, including Ether ETH $1 797 24h volatility: 1.8% Market cap: $216.93 B Vol. 24h: $12.40 B , which has surged only 5.22% in the past 24 hours.
XRPL Meme Coins Skyrocket
The prominent meme coins on the XRPL blockchain also turned bullish, with ARMY, a meme coin representing XRP token’s jump to the top, seeing a whopping 26.52% increase in its price. At the time of writing, ARMY is trading at $0.1792. Another meme coin, LIHUA skyrocketed 24.89% and trades at $0.051588 at press time. The meme coin is inspired by the Dragon Li cat breed.
Another meme coin on XRP, DROP, jumped 26.10% in the past 24 hours and is priced at $16.66 at publication time. Most of the meme coin’s activity is happening on Bitrue, according to CoinMarketCap. DROP’s price has already increased 95.41% in the last seven days.
XRP Price Analysis
The daily chart provided by TradingView below confirms that the accumulation levels of XRP refuse to go down. The altcoin remains popular among investors, and the gradient of the accumulation line suggests that the XRP rally is here to stay.
Meanwhile, the Relative Strength Index (RSI) reads a value of 70.65, which means that the bulls are overall in control of the XRP price action, and the digital asset is about to hit the overbought levels—last seen during the November-December rally.
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