Crypto market update: XRP jumps 2.16% during early trading

XRP’s market capitalization now stands at $151.18 billion, with a circulating supply of 57.82 billion XRP.

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Wednesday, February 19, 2025 – 10:48 AM EST

XRP (XRP-USD) surged 2.16% on Wednesday, reaching $2.6146 as of 10:48 AM EST. The cryptocurrency traded within a day’s range of $2.5197 to $2.6220, showing increased momentum amid broader market gains.

XRP’s market capitalization now stands at $151.18 billion, with a circulating supply of 57.82 billion XRP. Over the past 24 hours, trading volume has hit approximately $5.11 billion, highlighting strong investor activity across 1,534 active markets.

The cryptocurrency has shown significant volatility, with a 52-week range spanning from $0.3911 to $3.3881. XRP opened at $2.5591, slightly above its previous close of $2.5591, as it continues to recover from recent market fluctuations.

XRP, often associated with Ripple’s payment network, remains a closely watched asset as traders analyze market trends and potential regulatory developments. The broader crypto market, including Bitcoin and Ethereum, has experienced renewed interest despite ongoing uncertainty regarding policies under President Donald Trump’s administration.

Disclaimer: Cryptocurrency prices are highly volatile and subject to market risks. This article does not constitute financial advice. Investors should conduct their own research before making any investment decision.