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XRP Surpasses $3.4, Hits All-Time High

Doohyun Hwang

Summary

XRP reached a record high of $3.4875 in the Binance Tether (USDT) market.
XRP's market capitalization surpassed $200 billion, and there are market expectations that it could exceed $250 billion by year-end.
Cointelegraph reported that the recent surge is similar to last year's trend and analyzed that if the cap surpasses $212 billion, it could potentially rise to around $258 billion by the end of the year.

XRP has set a new all-time high for the first time in six months.

On the 17th (local time), XRP surged 12.7% on the Binance Tether (USDT) market, reaching an intraday high of $3.4875. This breaks the previous record of $3.4 set back in January, achieved in just six months. Currently, the price is trading around $3.45.

Its market capitalization also surpassed $200 billion. Some in the market predict that if the upward trend continues, the market cap could exceed $250 billion by the end of the year.

Earlier, Cointelegraph noted, "XRP’s recent surge resembles the pattern seen late last year," adding, "If the market cap passes $212 billion, it could rise to around $258 billion by year’s end."

XRP