Ripple's latest markets report reveals that XRP experienced a 280% growth in the fourth quarter of 2024. The surge was driven by factors such as Trump's election win, a calm Federal Reserve, and institutional investors entering the crypto market. XRP's trading volumes jumped from $500 million to $5 billion daily, with spot trading accounting for most of the activity. Binance, Upbit, and Coinbase were the top exchanges for XRP trading. Ripple's RLUSD stablecoin played a crucial role in cross-border payments, with $70 billion in global transactions. XRP's average price rose from $0.55 to $1.43, and on-chain activity remained strong. The XRP Ledger saw significant developments, including the introduction of decentralized identifiers and a native oracle protocol. Ripple's legal battle with the SEC continued, but the company gained an advantage. The SEC filed an opening brief in its appeal, and Ripple will respond by April 16. Meanwhile, Ripple updated its XRP holdings and announced a drop in tokens subject to on-ledger escrow.



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