$XRP had an impressive January 2025, increasing by about 50% and reaching a high price of 3.3963 USD on January 16. Currently, the price of XRP fluctuates around 3.10 USD, with a market capitalization of approximately 178.87 billion USD and a 24-hour trading volume of 4.72 billion USD. This growth is driven by Ripple's legal victory against the U.S. Securities and Exchange Commission (SEC), when XRP was determined not to be a security. Additionally, Grayscale's application to convert the XRP trust fund into an ETF has also contributed to investor confidence in the future of XRP.