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February 25, 2025 | 12:29 PM EST
XRP (XRP-USD), the fifth-largest cryptocurrency by market capitalization, has dropped 9.62% in the past 24 hours, trading at $2.2242 as of 12:29 PM EST. The decline comes amid a widespread sell-off in the crypto market, affecting major digital assets.
XRP opened the day at $2.2764, reaching a high of $2.3250 and a low of $2.0762, showing intraday fluctuations. Its 24-hour trading volume surged to $13.89 billion, reflecting heightened trading activity despite the price drop.
Over the past year, XRP has traded between $0.3911 and $3.3881, demonstrating its potential for both strong rallies and sharp corrections. The cryptocurrency’s market capitalization currently stands at $128.76 billion, with a circulating supply of 57.89 billion XRP.
Despite its current decline, XRP remains a key player in the crypto space, particularly for cross-border payments and financial transactions. Its long-term prospects depend on regulatory clarity, institutional adoption, and market recovery trends.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and carry inherent risks. Investors should conduct their own research and consult a financial advisor before making any investment decisions.