- Ripple (XRP) gained $2.5 billion in market cap within 24 hours, reaching $31.17 billion during a broader crypto market uptrend.
- Ripple’s strategic acquisition of Standard Custody and Trust Co. in New York strengthens its position in the U.S.
- In a favorable scenario, $1,000 in XRP at the current rate can soar the capital to $1 million, according to Changelly.
With a remarkable performance, Ripple (XRP) has added a staggering $2.5 billion to its market cap within just 24 hours. As the cryptocurrency market witnesses an overall uptrend, XRP hits $0.57 today, marking an impressive 4.8% increase within the last day, according to CoinMarketCap.
The surge in market capitalization becomes a focal point, propelling XRP from $28.72 billion to an outstanding $31.17 billion in a single day—a significant 4.9% increase, amounting to around $2.5 billion added to the figure.
Heading into 2024, optimism surrounded XRP’s performance, with industry experts anticipating a bright year for the sector. Ripple, despite a sluggish start to the year, makes a striking comeback.
Ripple’s recent acquisition of New York-based Standard Custody and Trust Co. adds to the positive mom…
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