{"id":142381,"date":"2024-11-15T20:39:34","date_gmt":"2024-11-15T18:39:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142381"},"modified":"2024-11-15T20:41:25","modified_gmt":"2024-11-15T18:41:25","slug":"xrp-price-soars-reaching-highest-level-since-2021","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/xrp-price-soars-reaching-highest-level-since-2021\/","title":{"rendered":"XRP Price Soars, Reaching Highest Level Since 2021"},"content":{"rendered":"<p>This rally defies broader market trends, which have seen other cryptocurrencies struggle to maintain momentum. Whale activity has been a driving force, with wallets holding over 1 million <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a> <\/strong>now collectively amassing nearly 46 billion tokens\u2014a six-year high. This significant accumulation signals strong confidence in XRP\u2019s long-term potential, particularly as regulatory dynamics shift in the U.S.<\/p>\n<p>Short sellers were hit hard by the rally, with over $26.31 million in <strong><a href=\"https:\/\/www.coinglass.com\/LiquidationData\">liquidations<\/a> <\/strong>recorded within 24 hours &#8211; $11.36 million in long positions and $14.95 million in shorts. This sudden market movement caught many traders off guard, further fueling the token\u2019s upward trajectory. On-chain analytics suggest that large holders have steadily added to their positions, accumulating over 3.4 billion XRP in the past two years, a clear indicator of sustained interest in the token.<\/p>\n<p>Adding to the excitement is speculation surrounding SEC Chair Gary Gensler\u2019s <strong><a href=\"https:\/\/cryptodnes.bg\/en\/did-gary-gensler-hint-at-leaving-the-sec-in-his-latest-statement\/\">potential departure<\/a><\/strong>. His tenure has been marked by aggressive enforcement against crypto firms, including Ripple. Recent comments by Gensler have been interpreted by some as signaling his possible exit, sparking hopes for a more favorable regulatory landscape under the incoming administration. Investors are optimistic that a leadership change could bring relief to U.S.-based crypto projects, including Ripple.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/cardano-defies-recent-market-downturn-with-a-20-surge-here-is-why\/\" title=\"Cardano Defies Recent Market Downturn With a 20% Surge &#8211; Here is Why\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Cardano Defies Recent Market Downturn With a 20% Surge &#8211; Here is Why<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>This convergence of factors\u2014strong whale activity, trader liquidations, and regulatory speculation\u2014has positioned XRP as a standout in the crypto market. Its resilience and renewed investor confidence reflect a broader belief in Ripple\u2019s future potential, even as the industry navigates uncertain terrain. Whether these developments mark the beginning of a sustained upward trend remains to be seen, but XRP\u2019s recent performance has undeniably captured the spotlight.<\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/xrp-price-soars-reaching-highest-level-since-2021\/xrpusd_2024-11-15_20-36-55\/\" rel=\"attachment wp-att-142382\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-142382\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRPUSD_2024-11-15_20-36-55.png\" alt=\"\" width=\"1128\" height=\"516\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRPUSD_2024-11-15_20-36-55.png 2048w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRPUSD_2024-11-15_20-36-55-300x137.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRPUSD_2024-11-15_20-36-55-1024x469.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRPUSD_2024-11-15_20-36-55-768x351.png 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/XRPUSD_2024-11-15_20-36-55-1536x703.png 1536w\" sizes=\"auto, (max-width: 1128px) 100vw, 1128px\" \/><\/a><\/p>\n<p>At the time of writing, XRP has retraced to $0.864, but is still up 13% on the daily chart. Despite this surge, the altcoin still remains far below its all-time high (ATH) of $3.4, last seen in January, 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has taken the crypto market by storm, surging by an impressive 50% over the past week to reach $0.91, its highest level since 2021.<\/p>\n","protected":false},"author":3,"featured_media":102623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-142381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>XRP Price Soars, Reaching Highest Level Since 2021<\/title>\n<meta name=\"description\" content=\"XRP has taken the crypto market by storm, 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