XRP Reaches $3 Price for First Time Since 2018

XRP has reached $3 for the first time since 2018, marking a 14.45% increase in 24 hours and a valuation of $168 billion. Key points include:

  • XRP traded at $2.94, with a daily high of $3.02.
  • Trading volume surged by 154.53% to $19.11 billion.
  • The price surge coincides with the anticipation of the SEC's opening brief in the ongoing XRP lawsuit.
  • The XRP Ledger recorded approximately 341 transactions exceeding $1 million in value.
  • Analysts expect XRP to outperform competitors like Ether, which rose by 5.22% in the same period.