XRP reached its highest price since 2018, hitting $3, as XRP meme coins gained traction and activity on the network increased. ARMY, PHNIX, and LIHUA were among the meme coins that saw significant gains in market cap and trading volumes. This rally follows a trend that began in December, with increased account activations and transaction volume. XRP's price is now just 12% below its all-time high. Sologenic (SOLO) also saw sustained growth, with its market cap surging by over 200%. The network became cheaper to use after a reduction in reserve costs. XRP's performance has outperformed other major cryptocurrencies, and analysts suggest optimism surrounding the potential approval of XRP ETFs is driving investment.



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