The cryptocurrency XRP has experienced significant growth, with a 511% increase in the past year and a 246% increase in market capitalization in Q4 2024. This growth follows a period of low prices caused by a lawsuit initiated by the SEC against Ripple, the company behind XRP. However, Ripple achieved a legal victory in 2023 and has since paid a $125 million fine, leading to increased confidence in XRP. The anticipation of an XRP exchange-traded fund (ETF) has also contributed to the rise in prices. Several firms, including Grayscale Investments and Wisdom Tree, have applied for XRP-based ETFs. Additionally, new user onboarding has increased, with the number of new addresses growing by 382% in Q4 2024. XRP has now become the third-largest cryptocurrency by market capitalization, behind only Bitcoin and Ethereum. Moving forward, the price of XRP could continue to rise, with potential targets of $4 or $5. However, XRP still has a lower market capitalization compared to Ethereum, indicating potential for further growth.



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