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XRP Surges 5.8% – Ripple’s Outperformance Drags Crypto Index Into Green

XRP Surges 5.8% – Ripple’s Outperformance Drags Crypto Index Into Green

Author:
Coindesk
Published:
2025-04-28 13:14:34
15
3

Ripple’s XRP just became the crypto market’s unlikely hero—surging 5.8% in 24 hours while Bitcoin flatlined. The CoinDesk 20 index reluctantly followed its lead, proving once again that altcoins move markets faster than Wall Street analysts can say ’irrational exuberance.’

Behind the rally: Speculation swirls around Ripple’s ongoing legal battles, with traders betting on a favorable outcome. Meanwhile, institutional money keeps playing it safe with BTC—because nothing says ’risk management’ like ignoring double-digit gains.

Closing thought: When a ’security’ token starts outperforming the entire market, maybe it’s time to admit the SEC’s definitions need a blockchain update.

9am CoinDesk 20 Update for 2025-04-28: chart

Leaders: XRP (+5.8%) and SUI (+5.2%).

Laggards: BCH (-6.2%) and UNI (-4.8%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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