Ripple’s XRP Surged to 4-Month High: 4 Catalysts Fueling the Latest Rally
2025-07-12 06:54:08
Main Idea
XRP's price surged to nearly $3, driving increased social engagement and network activity, though it fell short of its all-time high.
Key Points
1. XRP's price rose from roughly $2.3 to just under $3 within a 36-to-48-hour period.
2. The price surge helped XRP surpass USDT in terms of newly created wallets.
3. XRP accounted for 5.5% of all crypto discussions on social media, the highest level since mid-March.
4. XRP's breakout occurred after Bitcoin reached a new all-time high, influencing other altcoins.
Description
After months and months of sideways action and little to no volatility, especially in the past few weeks, Ripple’s native token finally went on the offensive yesterday, breaking out of its consolidation phase and skyrocketing to a new multi-month peak. Here are some of the possible reasons behind this impressive price surge that drove XRP to almost $3. XRPUSD. Source: TradingView Social Engagements and Network Activity CryptoPotato reported yesterday the notable price move north, which drove XRP...
Latest News
- Bitcoin Surge Ignites $10 Billion Crypto VC Boom: Biggest Funding Quarter Since 20222025-07-12 22:11:58
- Tether to End USDT Support on These 5 Blockchains2025-07-12 20:20:44
- Bitcoin’s Record Quarter Met With Silence From Elite Media – Who’s Really Out of Touch?2025-07-12 18:06:59
- Why Is XRP Pumping? Whale Moves $90M as Ripple Price Nears $32025-07-12 15:34:11
- Binance Crushes Rivals: Grabs 37% of Global BTC Spot Volume in H1 20252025-07-12 15:33:49