Ripple releases Q4 2024 XRP market report: XRP demand surges, ETF applications continue to advance

Bitget App

Trade smarter

交易员小帅2025/02/06 04:17

Recently, Ripple released the Q4 2024 XRP market report, which stated that XRP and the broader cryptocurrency industry have made significant progress. Against the backdrop of gradually dissipating regulatory uncertainty, the XRP market has performed well and demonstrated strong demand momentum.

1. XRP price fluctuations: XRP prices rose 280% in the fourth quarter, which is closely related to the gradual clarification of global regulatory environments, and the surge in demand from investors and users has driven rapid price growth.

2. Policy shift: The US regulatory policy is gradually transitioning to clear regulations and strengthening bank access support for cryptocurrencies, injecting new confidence into the market.

3. Institutional participation: Five publishers submitted XRP spot ETF applications, marking the continued increase in institutional interest in XRP and providing a solid foundation for its future market expansion.

While the infrastructure and market demand of XRP are further integrated, Ripple continues to expand its global influence, laying a solid foundation for the development of XRP and the entire cryptocurrency industry. In the coming months, the further improvement of regulatory frameworks and the participation of more institutions may further promote the market performance of XRP and other cryptocurrency assets.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!