In 2024, the digital asset XRP saw a significant increase, reaching above $2 for the first time in years. It experienced a jump of over 236% against the US dollar since early January. XRP had a slow start to the year, trading at $0.63 in the first week of 2024, but it began to climb in November, reaching $2.72 by December. Currently, XRP is trading at around $2.12 to $2.14. Despite this surge, it remains 37.3% below its all-time high in 2018. XRP also gained market ranking, moving from sixth place to fourth place by the end of the year. The rise in XRP's value can be attributed to factors such as the debut of its stablecoin RLUSD and the anticipated regulatory changes under the Trump administration. XRP is particularly popular in South Korea, where it leads in trading volumes. However, its future growth and momentum depend on its ability to overcome regulatory hurdles and maintain stability in the crypto market.



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