XRP Experiences Significant Uptick, Trades at $2.57, Market Capitalization Hits $147 Billion

On the 12th of January, 2025, in New York, the cryptocurrency XRP registered a significant boost in value on Saturday, achieving $2.5735 by 16:49 local time. This increment, a 10.06% uptick for the day, constituted its most prominent single-day percentage leap since the beginning of the year.

As a consequence of this gain, XRP’s market cap hit $147.225 billion, which now makes up 4.42% of the total crypto market capitalization. At one point, XRP’s market cap reached a zenith at $155.2807 billion.

XRP’s price saw fluctuations ranging from $2.3261 to $2.5936 in the 24 hours prior. It has experienced a 5.3% increase over the last week, with its trading volume standing at $7.2483 billion, representing 10.05% of the entire crypto trading volume. XRP’s price movements over the week ranged from $2.2049 to $2.5936.

Despite the recent upturn, XRP’s valuation is still 21.78% beneath its all-time high of $3.29, set on the 4th of January, 2018.

Looking at the wider crypto landscape, Bitcoin’s exchange rate was $94,891.8, a slight gain of 0.29%. Meanwhile, Ethereum presented an increase, trading at $3,310.62, which is 1.38% higher. In relation to market caps, Bitcoin’s stood at $1,874.3223 billion, constituting 56.32% of the total crypto market, while Ethereum’s market cap was $398.1129 billion, signifying 11.96% of total market capitalization.