$XRP $XRP

As of March 17, 2025, XRP is trading at $2.34, with an increase of $0.02000 (0.86%) from the previous closing price.

On March 14, 2025, XRP saw a rise of over 1%, reaching $2.31, recovering from a previous drop below $2 earlier in the week. This increase allowed XRP to outperform other indices such as the Nasdaq and Bitcoin. XRP surged 7% in March, while the Nasdaq dropped 8% and Bitcoin declined by 2.5%. This positive performance is attributed to investor optimism regarding a potential resolution of Ripple’s lawsuit with the U.S. Securities and Exchange Commission (SEC), which could further boost XRP’s price.

Additionally, the U.S. Senate Banking Committee passed a bill related to stablecoins, signaling progress toward clearer regulations for digital currencies.

However, on March 17, 2025, XRP experienced a 2.1% decline, dropping to $2.34 due to investor concerns over slowing economic growth, which affected the cryptocurrency market as a whole.

Regarding technical developments, smart contracts were integrated into the XRP Ledger in September 2024, aiming to attract developers and enhance the network’s capabilities, opening up new use cases within its ecosystem.