Ripple’s XRP saw a notable surge, overtaking Tether (USDT) in market capitalization, following Ripple’s release of 500 million XRP from escrow. The unexpected move has fueled speculation about Ripple’s strategy as the cryptocurrency market braces for potential volatility linked to the upcoming Trump inauguration.
Source – FXStreet
Market analysts view the unlocked XRP as a potential liquidity boost, sparking renewed investor interest in Ripple’s ecosystem. The timing has raised questions about its correlation with political developments, adding a layer of intrigue to the market’s response. With XRP reclaiming its position among the top digital assets, the release underscores Ripple’s ongoing influence in shaping crypto market dynamics.
This development positions XRP as a focal point for both institutional and retail investors, with many anticipating further price movements amid heightened market attention.
