The explosive growth of XRP brings investors huge returns of over 300%, as increasing regulatory clarity and dominance in cross-border payments create growing confidence in the crypto market.
Data shows explosive growth of XRP and benefits for investors.
The blockchain analytics firm G*******e highlighted the outstanding achievements of XRP, emphasizing its significant price increase and profit realization model observed over the past few months.
On June 19, the firm shared on social media X that XRP rose above $2, reaching a price more than three times its initial value before the sharp rise that began in November 2024.
This significant price increase provided substantial income for investors who bought XRP before this rally. Glassnode stated:
"XRP is trading above $2, more than 3 times its base price before a sharp rise in November 2024. Investors who accumulated earlier are receiving over 300% profit."
Moreover, the firm detailed:
“At the beginning of June, they began to realize profits at a rate of $68.8 million per day (7D-SMA), signaling a wave of sell-offs from early holders.”
In the same X post, Glassnode included a chart titled “XRP: Realized Profit by Margin Profitability,” which represents a detailed distribution of realized profits across different yield thresholds.
The chart highlights a sharp jump in realized profits starting from November 2024, corresponding to the rapid price increase of XRP.
The growth and strong realized profits underscore the increasing interest and engagement around XRP in the broader cryptocurrency market.
Additional momentum has also come from optimism regarding the expected approval of the already reached agreement between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) in the legal dispute concerning XRP.
Ripple CEO Brad Garlinghouse predicts that XRP will capture 14% of global SWIFT cross-border payments within five years, thanks to its superior liquidity solutions compared to traditional messaging systems.
