Ripple’s latest Q4 2024 XRP Markets Report highlights a dramatic recovery for XRP, which surged 280% in the fourth quarter, marking a turning point after years of regulatory hurdles imposed by the U.S. Securities and Exchange Commission (SEC). Ripple attributed XRP’s resurgence to President Donald Trump’s executive order calling for regulatory clarity, fair banking access, and comprehensive legislation for crypto businesses in the U.S. This shift in policy has fueled optimism in the broader cryptocurrency market, contributing to strong institutional and retail demand for XRP. The report notes that prior to the SEC’s regulatory actions, XRP was the second most valuable cryptocurrency. However, Ripple claims that market manipulation by the SEC has hindered XRP’s growth and reduced trader confidence. With the easing of regulations, XRP has regained momentum, increasing investor interest. Related News: Controversial Founder Zhu Su Shares Price Prediction for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in 2025 XRP’s rally was accompanied by record-breaking trading volumes across major exchanges. Binance led the way with 36% of XRP’s spot trading volume, followed by Upbit Korea (20%) and Coinbase (9%). Following Trump’s election victory, XRP’s daily spot trading volume rose from $500 million at the beginning of Q4 to an average of $5 billion from mid-November to December. On December 2, CCData’s Top Tier exchanges traded nearly $25 billion in XRP spot volume, reaching an all-time high. Coinbase, in particular, doubled its share of total XRP trading volume, indicating growing confidence in the asset from U.S. investors. The report also points to long-term investor interest, emphasizing that most of XRP’s trading activity is driven by spot trading rather than short-term speculative bets. Institutional interest in XRP investment products continues to grow. WisdomTree and CoinShares have filed an S-1 for a spot XRP ETF, joining other ETF issuers such as Bitwise, Canary Capital, and 21Shares. Ripple’s report describes Q4 2024 as a pivotal moment for the crypto industry. With the Trump administration prioritizing innovation-friendly regulations and increasing institutional adoption, Ripple sees unprecedented growth potential in the crypto industry. “As regulatory clarity emerges and institutional demand strengthens, XRP is well positioned to capitalize on this new era of digital asset expansion,” the report concludes. *This is not investment advice. Continue Reading: Ripple Finally Publishes Its Last Quarter Official Report – Here’s What You Need to Know
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