XRP has seen a significant increase in price, reaching levels not seen since 2018. It has outperformed other major cryptocurrencies and is now ranked third by market cap. The surge in price is attributed to rising optimism about the approval of XRP ETFs, which could attract billions of dollars in investment. Meme coins on the XRP Ledger have also experienced gains, with ARMY reaching a new all-time high market cap of $107 million. Other meme coins on the ledger have also seen increased trading volumes and market caps. This trend follows a surge in meme coins in early December, which later retraced their gains. The XRP Ledger became cheaper to use in December, which may have contributed to the current meme coin boom. Meme coins are known for their volatility and can deliver both drastic gains and losses.



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