XRP continues to stamp its authority as a strong force across crypto circles, as it recently overtook Tether (USDT) to become the third largest cryptocurrency based on market cap.
So, what's lighting the XRP fire? Well, this altcoin is seeing skyrocketing transactions, among other bullish trends.
Renowned market analyst Ali Martinez admitted, “The number of transactions over $1 million on the XRP network continues to grow, hitting 341 transactions in the last 24 hours. “
It, therefore, means that the presence of whales and institutional investors in the XRP ecosystem is strongly felt, showing higher confidence and interest.
Is it a matter of when XRP will hit a new high?
XRP has turned records upside down, as it was locked in an unstable symmetrical triangle for the better part of three years as the lawsuit between Ripple and the Securities and Exchange Commission escalated. United States Exchange (SEC).
 
XRP is currently trading at $3.12, a stone's throw away from the all-time high price (ATH) of $3.84 set in January 2018.
Therefore, it seems that it does not matter if but when XRP will reach new historical highs, as it recently broke the psychological level of $3, a situation last seen in 2018.
With Donald Trump's victory constantly driving XRP sentiment, the altcoin seems to be eyeing a rollercoaster ride in 2025.
Source: https://zycrypto.com/riples-xrp-transactions-worth-at-least-1m-skyrockets-as-trumps-effect-comes-into-full-swing/
