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February 25, 2025 | 10:39 AM EST
XRP (XRP-USD), one of the leading cryptocurrencies, has experienced a significant downturn, plummeting 9.88% in the past 24 hours. As of 10:39 AM EST, XRP is trading at $2.1848, down from its previous close of $2.2764.
XRP opened the day at $2.2764, reaching a high of $2.3250 and a low of $2.0762, reflecting heightened volatility. The cryptocurrency has seen a trading volume of approximately $13.57 billion in the last 24 hours, demonstrating substantial market activity despite the price dip.
Over the past 52 weeks, XRP has traded within a broad range of $0.3911 to $3.3881, highlighting its extreme price fluctuations. Currently, XRP’s market capitalization stands at approximately $126.47 billion, with 57.89 billion XRP tokens in circulation.
Despite the decline, XRP remains a major player in the crypto space. Analysts suggest that its long-term trajectory will depend on regulatory developments, institutional adoption, and broader market trends.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are highly volatile and subject to market risks. Investors should conduct their own research and consult a financial advisor before making any investment decisions.