The post XRP Blasts Above $3 for First Time Since 2018 as Dogecoin, Solana Hit Weekly Highs appeared on BitcoinEthereumNews.com.

What a wild week for crypto. After a market-wide plunge on Monday that saw Bitcoin briefly dip below $90,000 and other leading assets similarly dive into the red, nearly everything turned green Wednesday following an anticipated U.S. inflation report. But XRP is far outpacing other top coins Wednesday, surging by 19% over the past 24 hours to a current price of $3.18—the highest price seen for the Ripple-linked asset since 2018. With a 32% gain over the past week, fueled by optimism over potential XRP ETF approvals and Ripple leadership’s meeting with President-elect Donald Trump, XRP is now has less than a 9% climb to match its all-time high mark of $3.40 set back in January 2018. Elsewhere in the top 10 coins by market cap, Solana is the next-biggest gainer with a nearly 9% spike over the past day, rising to a weekly high of just shy of $205. SOL is only up 3% on the week, however, with today’s surge making up for only some of the losses earlier in the week. And Dogecoin is also on the rise, with the original meme coin jumping 7% on the day to a current price of $0.382—the highest price registered for DOGE in more than a week. Cardano, meanwhile, is up almost 8% on the day to $1.08. Bitcoin briefly jumped above the $100,000 mark earlier Wednesday afternoon but has since retraced to a current price of about $99,700. It’s still up more than 3% on the day. Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. Source: https://decrypt.co/301211/xrp-3-first-time-2018-dogecoin-solana-weekly-highs

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Filed under: News - @ January 16, 2025 1:20 am