XRP News: Ripple’s Native Token Surges 315%, Outperforming Bitcoin
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In a remarkable turn of events, Ripple’s native token XRP has shown exceptional growth, surpassing Bitcoin in recent months. Here’s a closer look at the key developments and what this means for the future of XRP.
XRP Surpasses Bitcoin: Strong Growth and Market Dominance
XRP has experienced significant growth, notably outperforming Bitcoin in recent months. Ripple’s native token has surged by an impressive 315%, positioning itself as one of the most notable altcoins in the market in 2025. Despite the volatility seen across the crypto space, XRP’s strong fundamentals and market adoption have set it apart from its competitors, including Bitcoin (BTC), which has seen a decline over the same period. XRP’s growth has been particularly notable since the U.S. election in November 2024, with the coin gaining traction amid favorable market conditions. In fact, over the last 60 days, XRP has been one of only three out of 57 altcoins to outperform Bitcoin. While Bitcoin has recorded a negative return of -8.39%, XRP has seen impressive gains, a stark contrast to the performance of other major altcoins.
XRP Surges 7% as Golden Cross Signals Potential Gains
XRP has surged more than 7% in the last 24 hours, bringing its market capitalization close to $150 billion. This sudden rise in price has attracted significant attention, with the cryptocurrency community debating the potential long-term impact of XRP’s inclusion in the United States’ crypto strategic reserve. The upcoming White House Crypto Summit on March 7, 2025, could play a pivotal role in shaping market sentiment and influencing XRP’s price movements. Additionally, XRP has seen a remarkable increase in active addresses, surging to an all-time high of 1.16 million over the last seven days, indicating strong user engagement and higher demand for the cryptocurrency.
XRP Price Breaks Key Resistance: A New All-Time High Coming?
XRP price has successfully broken its 4-hour resistance level, signaling strong bullish momentum. According to crypto analyst Dark Defender, XRP must surpass $3.3999 to continue its rally, with $5.85 as a potential target. The Relative Strength Index (RSI) Golden Cross suggests increasing buying pressure, reinforcing the likelihood of an upward move. As of recent, XRP was trading at $2.61, marking up 6.49% in the last 24 hours and 15.51% in the past week. Key support for XRP price is at $2.22, while resistance is at $3.3999.
XRP Price Prediction For March 7 and U.S. Digital Asset Strategy
President Donald Trump has signed an executive order establishing a new U.S. digital asset strategy, creating a Bitcoin reserve for the U.S. government and a national stockpile for XRP and other altcoins. Despite the excitement, the price of XRP is down by more than 1%, trading at $2.50. Analyst Josh of Crypto World notes that XRP’s price has been struggling on the 3-day chart, showing a significant bearish divergence.
