Crypto update: XRP skyrockets 12.11% during midday trading

XRP opened at $2.5619 and fluctuated within a daily range of $2.5362 to $2.7703.

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February 14, 2025 – New York (EST) – XRP surged 12.11%, reaching $2.7320 as of 12:36 PM EST, marking one of the strongest gains among major cryptocurrencies. The digital asset saw a 24-hour trading volume of $8.66 billion, highlighting significant market interest.

XRP opened at $2.5619 and fluctuated within a daily range of $2.5362 to $2.7703. The market cap now stands at $157.96 billion, with a circulating supply of 57.82 billion XRP. Over the past year, XRP has shown extreme volatility, trading between $0.3911 and $3.3881.

The recent price spike comes amid broader bullish momentum in the crypto market. Analysts speculate that XRP’s surge could be fueled by growing institutional adoption, regulatory developments, and increased use cases within the financial sector.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research before making any investment decisions.