$XRP As of February 12, 2025, XRP (Ripple) has experienced notable developments:
- **Price Movement**: XRP's price has decreased by 1.50% in the last hour and 1.71% in the past 24 hours, currently trading at $2.40 per XRP.
- **Market Capitalization**: The cryptocurrency's market cap stands at approximately $138.5 billion, with a 24-hour trading volume of $4.89 billion.
- **Regulatory Developments**: The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Ripple executives, signaling a positive shift for XRP's regulatory landscape.
- **Institutional Interest**: Analysts suggest that XRP could reach $70 if Bitcoin hits $100,000, indicating growing institutional interest in the cryptocurrency.
- **Market Volatility**: XRP has experienced a sharp decline in on-chain volume, with payments dropping from 1 billion to just 100 million, raising questions about liquidity and market health.
These developments highlight XRP's dynamic position in the cryptocurrency market.
navlistRecent Developments in XRP Cryptocurrency
