The Ripple cross-border payment token has climbed almost 15% over the past 24 hours, hitting an intraday high of $2.44 during early trading in Asia on Jan. 2.<\/p>\n
It is the highest XRP has been since mid-December, as payment coins lead the way into the new year.<\/p>\n
The Ripple token exploded to top $2.90 in a seven-year high in early December but had fallen back<\/a> to dip at $2 by the end of the month.<\/p>\n \u201cMomentum and increased focus on real-world utility continues to build,\u201d said CEO Brad Garlinghouse on Jan. 1.<\/p>\n just smash the LIKE button if you are HOLDING $XRP<\/a>! pic.twitter.com\/Ynqf6qWvjx<\/a><\/p>\n \u2014 Oscar Ramos (@realOscarRamos1) January 2, 2025<\/a><\/p>\n\n Also on New Year\u2019s Day, community member \u2018Jack the Rippler\u2019 observed that the fintech firm has released its monthly 500 million XRP from escrow, \u201cbut with an interesting note!\u201d<\/p>\n The memo in the transaction stated, \u201cJanuary 20 is around the corner,\u201d<\/p>\n \u201cDonald Trump will be in the White House, and we are going to make crypto great again.\u201d<\/p>\n There have been a lot of unsubstantiated rumors about Ripple working closely with the new Trump administration.<\/p>\n He also noted<\/a> that XRP \u201cbroke out from a descending triangle and is ready for $3!\u201d<\/p>\n BREAKING: @Ripple<\/a> has released its monthly 500 million #XRP<\/a> from escrow, but with an interesting note! pic.twitter.com\/mQ4WqZ69Gh<\/a><\/p>\n \u2014 JackTheRippler \u00a9 (@RippleXrpie) January 1, 2025<\/a><\/p>\n\n Ripple\u2019s sibling, which was forked from the chain, Stellar Lumens (XLM), was also performing well, as it usually mirrors XRP momentum.<\/p>\n XLM has surged 28% on the day, hitting an intraday high of $0.456 during the Thursday morning Asian trading session. Stellar spiked to over $0.60 in late November, but it still remains down 50% from its 2018 all-time high.<\/p>\n Cardano (ADA) is also performing well today with a 10% gain to reach $0.95, its highest price for a fortnight.<\/p>\n Other altcoin gainers include Avalanche (AVAX), Chainlink<\/a> (LINK), and Hedera (HBAR).<\/p>\n Bitcoin<\/a> has made just 1.3% over the past day to top $95,000 during Thursday morning trading. The asset has remained in consolidation since its fall below $100,000 in mid-December.<\/p>\n BTC dominance is currently at 57.44%, dropping 7% since its multi-year high of almost 62% in late November when it was rallying hard.<\/p>\n Some analysts believe that a big altcoin rally will occur in the first three months of 2025, and this could be at the expense of BTC if capital is rotated into alts.<\/p>\n The biggest Altcoin rally will happen in Q1#Altseason<\/a> is coming pic.twitter.com\/9uiwKi2OZJ<\/a><\/p>\n \u2014 Elja (@Eljaboom) January 1, 2025<\/a><\/p>\n\n The post Payment Tokens XRP and XLM Surge in New Year Altcoin Rally<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The Ripple cross-border payment token has climbed almost 15% over the past 24 hours, hitting an intraday high of $2.44 during early trading in Asia on Jan. 2. It is the highest XRP has been since mid-December, as payment coins lead the way into the new year. The Ripple token exploded to top $2.90 in […]<\/p>\n","protected":false},"author":0,"featured_media":32643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-32642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32642"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32642"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/32642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/32643"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Altcoins Lead Into 2025<\/h2>\n
Bitcoin Consolidation Continues<\/h2>\n