Increase Your Price Targets for XRP and ADA, But Don’t Forget to Add This Altcoin That’s Up 200%

XRP, Cardano (ADA), and the DTX Exchange have all become opportunities to make millions. Investors are scrambling to buy these cryptocurrencies right now because they have the potential to transform hundreds of thousands into millions.

As the year 2024 comes to a close, speculations of several currencies making significant gains before Christmas have circulated in the crypto community.

This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.

XRP, the cryptocurrency ranked seventh by market value, has seen a significant increase in trading activity. Over the last 24 hours, XRP price and market cap increased by 24%. This XRP price surge corresponds with a key statement from the United States Securities and Exchange Commission (SEC).

Similar to Ripple (XRP), Cardano (ADA) has exceeded forecasts this month, not only matching but even outpacing the increasing trend of the larger cryptocurrency market. ADA stands out from other cryptocurrencies due to its notable increase in on-chain activity following a period of inactivity.

Cardano (ADA) Transaction Volume Hits 7-Month High

According to data from the reputable on-chain analytics platform Santiment, Cardano (ADA) transaction volume reached a seven-month high this week, reaching $52.26 billion. At the same time, transactions hit a six-month high, surpassing 8,900 for the second consecutive week.

As it approaches its highest points in the previous eight months, Cardano (ADA) is now distancing itself from its colleagues in the altcoin space. This eight-month high is also being approached by the Cardano (ADA) to Bitcoin price ratio. Such transaction and whale activity levels have not been observed since June, which was the month before the notable 26% increase in the ADA/BTC pairing.

The price ratio of Cardano (ADA) to Bitcoin is currently rising and reaching comparable levels. These past trends imply that this increase comes before a strong 26% rise in the ADA/BTC combination. For Cardano (ADA) investors, this divergence from the overall altcoin market creates the conditions for a bullish period.

Ripple (XRP) Surges 25% to a Three-year High After SEC Chair Gary Gensler Resigns

Over the last day, XRP price has increased by more than 25%, hitting the highest point since May 2021. After SEC Chairman Gary Gensler announced his departure on November 21, 2024, with effect from January 20, 2025, the price of Ripple’s coin fell to $1.43.

This XRP price gain is a component of a larger cryptocurrency market boom that has been bolstered in part by the excitement around Donald Trump’s reelection. After trading at about $0.5 for the majority of the preceding two years, XRP price has increased by more than 150% in the last 30 days.

A major player in the ongoing legal dispute between Ripple and the SEC, Gensler’s resignation is being viewed as a possible watershed for the cryptocurrency. Ripple has been charged by the SEC for generating $1.3 billion by selling XRP, which it views as an unregistered security. The 2020 lawsuit caused XRP’s price to decline and resulted in its delisting from many exchanges.

Ready to Invest In the Future: DTX Exchange (DTX) – The Best New Cryptocurrency

Meanwhile, investors are drawn to a new DeFi token called DTX Exchange (DTX). Experts have praised DTX as the greatest new cryptocurrency to invest in because it combines the finest features of CEX and DEX, standing at the intersection of TradFi and DeFi.

It has a good possibility of making significant profits because of its unique story—a hybrid trading platform—and impending adoption. Also, its rapidly growing community presents a bullish picture. The most advanced trading tools and features are available to traders through DTX, including trading bots, on-chain analytics, social and copy trading, and more.

As a result, it is considered one of the best cryptocurrencies to invest in and has the potential to completely transform the $10 billion global trading industry. Just $0.10 is the price of the DTX token, which is in its fifth round of initial coin offering and has raised $8.3 million.

Learn more:

Buy Presale

Visit the DTX Website

Join the DTX Community

This post is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.