XRP Surges Nearly 600% from November 2024 to January 2025

XRP experienced a nearly 600% surge from November 2024 to January 2025, making it the leading cryptocurrency performer amid a market upswing attributed to US President Donald Trump.

  • XRP's price rose from approximately $0.11 to around $0.75 during this period.
  • Market commentator John Squire highlighted the seven years of challenges XRP holders faced before this rally.
  • From March 2017 to January 2018, XRP saw an increase of over 68,000%, peaking at $3.84, followed by a 97% decline by March 2020.
  • In December 2022, the number of XRP wallets exceeded 4.5 million, up from about 986,000 in January 2018.
  • The recent rally occurs amid mixed performances from Bitcoin and Ethereum, leading to cautious market sentiment.
  • Analyst BarriC set a target of $100 for XRP, suggesting significant potential if market conditions improve.

Future gains may depend on continued adoption, legal clarity, and overall crypto market health.