• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

XRP Surges, Reaches Market Cap High as Memecoins Hit XRP Ledger

January 17, 2025
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
XRP Surges, Reaches Market Cap High as Memecoins Hit XRP Ledger
0
SHARES
8
VIEWS
ShareShareShareShareShare
  • XRP has shown remarkable growth in 2025, reaching a market cap of US$185.5 billion despite a December dip and remains below its 2018 all-time high of US$3.84.
  • The anticipated SEC leadership change from Gary Gensler to Paul Atkins could benefit XRP through potential lawsuit dismissal and a more crypto-friendly regulatory approach.
  • The XRP ecosystem is expanding with the RLUSD stablecoin and new memecoins like ARMY, which gained 161% before a recent pullback to maintain a US$84.8 million market cap.

XRP has gained a whopping 40% week-on-week, continuing the rally it had started in late 2024. The coin dropped some 23% in late December, but 2025 has been rather good for the crypto which now boasts the third largest market cap.

XRP, source: TradingView

The market cap of XRP is now a staggering US$185.5 billion (AU$298.75 billion) as the price per coin has reached US$3.23 (AU$5.20), still short of its all-time high (ATH) from 2018 when it set the record at US$3.84 (AU$6.18).

Related: XRP Moves Past $3 for the First Time Since 2018, Ripple Says SEC Appeal ‘Noise’

The question on the mind of probably every XRP Army veteran is: wen all-time high?

Given that Gary Gensler is leaving the helm of the US Securities and Exchange Commission (SEC) and making way for Paul Atkins – which is likely a much more crypto-friendly choice – things have never looked better for XRP.

Although the lawsuit between the SEC and Ripple is still in the appeals process, it might be dismissed under Atkins’ leadership, with reports suggesting the agency is considering reviewing current crypto cases.

Memecoins on XRPL See Surge in Popularity

This, and the positive court ruling, which stands for now, give XRP a clear path forward as a non-security.

There’s also the Spot XRP exchange-traded fund (ETF) in the US which could be approved under new SEC management.

All this, combined with the RLUSD stablecoin and recent arrival of memecoins to the XRP Ledger (XRPL), paints a positive picture for one of the oldest altcoins.

Related: Fun No More: Law Firm Pursues Legal Action Against Pump.fun as Platform Cashes in Millions

One of the most prominent XRP-based projects, ARMY, a memecoin with an obvious nod to the XRP Army, has gained 161% over the past week, hitting an ATH of US$0.19 (AU$0.30) on January 16, but has since retraced some of these gains, currently down 24% from the top.

XRP ARMY (ARMY), source: TradingView

The token, with the supply of (fittingly) 589 million, currently has a market cap of US$84.8 million (AU$136.56 million).

Other notable memecoins on XRPL are PHNIX and LIHUA, with the former up 59% over the past week, but the latter losing 20% during the same time frame.  

I think it’s fair to say everyone in the #xrp community has seen this pic?.

I created this for a thumbnail for one of my videos a while back and loads of people seemed to just use it.

People even think this is an actual frame from an episode of the Simpsons 😂 pic.twitter.com/AZS2AuKl7r

— XRP Talk & Speculation News (@xrpspeculation) October 10, 2021


Credit: Source link

ShareTweetSendPinShare
Previous Post

Bulls Prepare for the Next Leg Up

Next Post

Pyth Unleashes Lazer Oracle, Offering Millisecond Updates for Lightning-Fast Trading Apps

Next Post
Pyth Unleashes Lazer Oracle, Offering Millisecond Updates for Lightning-Fast Trading Apps

Pyth Unleashes Lazer Oracle, Offering Millisecond Updates for Lightning-Fast Trading Apps

You might also like

Strange New Chinese AI ‘KIMI’ Predicts the Price of Bitcoin by the End of 2026

Strange New Chinese AI ‘KIMI’ Predicts the Price of Bitcoin by the End of 2026

June 3, 2026
XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

XRP Breaks Below Triangle—Will Drawdown Extend To $1.14?

June 3, 2026
Trump headlines as state fair saga fuels 2028 nomination market

Trump headlines as state fair saga fuels 2028 nomination market

June 1, 2026
Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom

Ethereum Signals Strength As Citigroup Eyes $5.5 Trillion Tokenized Asset Boom

June 2, 2026
Sam Altman ChatGPT AI Predicts XRP Price For The Next 30 Days

Sam Altman ChatGPT AI Predicts XRP Price For The Next 30 Days

June 3, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

GeForce NOW Adds 18 Games in June, Highlights ‘Neverness to Everness’

June 4, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Analyst Predicts When The Bitcoin Price Will Reach $100,000 In 2026

Analyst Predicts When The Bitcoin Price Will Reach $100,000 In 2026

June 6, 2026
Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

Bitcoin Testing A Critical Support After Sharp Market-Wide Selloff

June 6, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.