According to data from Binance, XRP has officially reached a new all-time high of $3.49, recording an impressive daily growth of +14.16%. This latest milestone marks a major turning point for Ripple's native cryptocurrency, which has now regained its position as the number 3 cryptocurrency by market capitalization.
XRP Performance Hits Multi-Year Highs
The momentum behind XRP is undeniable. In the past:
24 hours: +14.15%
7 days: +44.21%
1 month: +55.00%
As of now: +66.75%
1 year: +498.36%
5 years: +1,680%
All time: +13,140%
These statistics not only highlight the short-term breakout but also the broader trend of long-term investor confidence in XRP's utility and market position.
Why XRP is Surging
XRP's historic rally may be driven by a combination of positive legal outcomes for Ripple, the expansion of cross-border payment solutions, and a strong resurgence of the cryptocurrency market. Ripple has made strategic moves in Asia and the Middle East, targeting the remittance and real-time payment sectors with increasing success.
Moreover, XRP is benefiting from renewed interest from institutions and increasing trading volumes, especially on major exchanges like Binance. The price chart shows a breakout surpassing previous highs, signaling strong technical momentum as traders and investors push XRP into new price territories.
What's Next?
Now that XRP has entered price discovery mode, analysts are closely monitoring the next key resistance levels - first at $3.50, followed by the psychological barrier of $4.00. With this token having risen over 13,000% since its early days, the question is not whether XRP will revert, but how far it can go.
However, after such a parabolic rally, volatility and profit-taking are understandable. Nevertheless, the fundamental factors supporting the Ripple ecosystem—and XRP's central role within it—seem stronger than ever. $XRP
