XRP, the crypto asset created by Ripple Labs, has recorded outstanding performance that surpasses other major digital assets like Ethereum (ETH). Year-to-date (YTD), XRP has experienced growth of almost 15%, while ETH has decreased by -24%, according to CoinMarketCap, Sunday (11/05).
The success of XRP is driven by significant funds entering the Exchange Traded Fund (ETF), legal certainty from the Securities and Exchange Commission (SEC), and Ripple's large acquisition worth US$1.25 billion.
On the other hand, in Ripple's Q1 2025 XRP market report, it highlighted the increasing institutional interest, such as the launch of the ETF from Teucrium, further strengthening XRP's position on the international stage.
*Not Financial Advice (NFA). Do Your Own Research (DYOR).*
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