{"id":7836,"date":"2025-01-15T15:33:10","date_gmt":"2025-01-15T15:33:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7836"},"modified":"2025-01-15T15:33:10","modified_gmt":"2025-01-15T15:33:10","slug":"ripple-price-hits-7-year-high-at-3-amid-growing-xrp-network-adoption","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7836","title":{"rendered":"Ripple Price Hits 7-Year High at $3 Amid Growing XRP Network Adoption"},"content":{"rendered":"<div>\n<p><strong>TL:DR;<\/strong><\/p>\n<ul>\n<li>The US CPI data has positively impacted the overall crypto market, but Ripple\u2019s native token is on the run again, tapping a new multi-year peak.<\/li>\n<li>This comes amid growing adoption for the underlying network, as well as whales going on an accumulation spree.<\/li>\n<\/ul>\n<figure id=\"attachment_378868\" aria-describedby=\"caption-attachment-378868\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-378868\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1.png\" alt=\"XRPUSD. Source: TradingView\" width=\"1835\" height=\"819\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1.png 1835w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1-300x134.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1-1024x457.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1-768x343.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1-1536x686.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/XRPISD-1-50x22.png 50w\" sizes=\"auto, (max-width: 1835px) 100vw, 1835px\"><\/a><figcaption id=\"caption-attachment-378868\" class=\"wp-caption-text\">XRPUSD. Source: TradingView<\/figcaption><\/figure>\n<p>XRP entered the new year at $2.1 after the crash that transpired at the end of 2024, which pushed it south to just under $2. It bounced off in the following days and challenged $2.5 on a couple of occasions before it was ultimately rejected.<\/p>\n<p>As reported on Monday, the asset dumped hard to $2.33, but its decline was a lot less painful compared to the rest of the market.<\/p>\n<p>Since then, XRP has gone on a tear, surging past several resistance levels. Earlier this morning, the asset <a href=\"https:\/\/cryptopotato.com\/xrp-nears-ath-levels-just-17-away-amid-whale-accumulation-and-sec-resistance\/\" data-wpel-link=\"internal\">tapped<\/a> $2.9 to mark a new 7-year high, only to break it a few hours later. Just minutes ago, it went on the run once again, this time tapping $3 for the first time since January 2018.<\/p>\n<p>The next mark in sight is the all-time high registered back then of $3.4 (according to CoinGecko). This rally comes on the heels of massive whale accumulations, as well as other possible reasons which we have discussed <a href=\"https:\/\/cryptopotato.com\/ripple-xrp-claims-top-spot-in-prestigious-ranking-after-recent-price-rally-details\/\" data-wpel-link=\"internal\">here<\/a>.<\/p>\n<p>Popular crypto analyst Ali Martinez outlined another growing part of the overall Ripple ecosystem. He noted that the number of massive transactions with value of over $1 million has hit 341 in the past 24 hours, which is a substantial increase compared to the previous days.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The number of transactions over $1 million on the <a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> network is on the rise, hitting 341 transactions in the past 24 hours, shows on data from <a href=\"https:\/\/twitter.com\/santimentfeed?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@santimentfeed<\/a>. <a href=\"https:\/\/t.co\/a2eHLsitlq\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/a2eHLsitlq<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1879457747537670249?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">January 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It\u2019s worth noting that XRP\u2019s latest surge came just a few hours after the US CPI numbers came out. The entire market headed north, with BTC <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-shoots-up-above-98-5k-following-release-of-us-december-cpi-data\/\" data-wpel-link=\"internal\">reclaiming<\/a> $99,000, but XRP has once again performed more impressively.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-price-hits-7-year-high-at-3-amid-growing-xrp-network-adoption\/\" rel=\"nofollow\">Ripple Price Hits 7-Year High at $3 Amid Growing XRP Network Adoption<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL:DR; The US CPI data has positively impacted the overall crypto market, but Ripple\u2019s native token is on the run again, tapping a new multi-year peak. This comes amid growing adoption for the underlying network, as well as whales going on an accumulation spree. XRPUSD. Source: TradingView XRP entered the new year at $2.1 after [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7836","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7836"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7836\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}