XRP Surges 280% in Q4 as Regulatory Shift Boosts Investor Confidence

Bitget App

Trade smarter

Bitget

News

Cryptodnes2025/02/01 13:22

By:Cryptodnes

XRP experienced a remarkable rebound in the fourth quarter of 2024, soaring 280% after years of regulatory setbacks.

Ripple’s latest market report attributes this resurgence to a shift in U.S. policy, with President Donald Trump’s executive order emphasizing clearer regulations and fair access to banking for crypto businesses. The policy change has reinvigorated investor confidence, leading to heightened institutional and retail demand for XRP .

Before facing legal pressure from the SEC, XRP was among the top cryptocurrencies by market value. Ripple claims that regulatory actions suppressed its growth, but with restrictions easing, the asset has regained momentum.

Trading volumes skyrocketed, with Binance handling 36% of XRP’s spot trading activity, followed by Upbit Korea at 20% and Coinbase at 9%. Following Trump’s election, daily trading volume jumped from $500 million to an average of $5 billion, hitting a record $25 billion on December 2.

Crypto Analyst Predicts Extended Bull Run, Bitcoin and Ethereum Eye Record Highs

Institutional interest in XRP continues to rise, with firms like WisdomTree and CoinShares seeking approval for an XRP ETF, alongside applications from Bitwise, Canary Capital, and 21Shares. Ripple sees the final months of 2024 as a turning point, with regulatory clarity and increased adoption setting the stage for long-term growth in the digital asset space.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14