XRP saw a strong rally today, briefly hitting a seven-year high above $3, bolstered by growing speculation about a potential spot XRP ETF, analysts said. The token outperformed other major cryptos, including Bitcoin (BTC), and surged 11% in the last 24 hours. This uptick came amid favorable news surrounding U.S. inflation data and the anticipation of crypto-friendly regulatory changes under the new administration. With this strong momentum, XRP’s market capitalization surpassed $170 billion, overtaking Tether (USDT) and reclaiming its third-place ranking in the crypto market.
XRP Reaches New Heights at $3, as Large Holders Add $3.8B in Tokens to Their Portfolios
