XRP (XRP/USD) Bucks Declines in Other Large-Cap Cryptos, Surging 17% YTD

XRP (XRP/USD) bucked declines in other large-cap cryptocurrencies this year, surging an impressive 17% year-to-date.

Despite declines in other large-cap cryptocurrencies, XRP XRP/USD displayed resilience, surging 17% year-to-date, as of Wednesday.

What Happened: Among the top 10 cryptocurrencies, XRP was the sole coin to register net gains since 2025 began. In comparison, Bitcoin BTC/USD and Ethereum ETH/USD experienced decreases of 6.62% and 38.38%, respectively, while Dogecoin DOGE/USD showed a 39% decline year-to-date.

Earlier this month, XRP surpassed Tether USDT/USD to become the third-largest cryptocurrency by market capitalization. Currently ranked fourth, an additional 6-7% move at the present supply could propel it back to the third position.

According to on-chain analytics firm Santiment, the total number of XRP holders has increased by over 8% year to date, leading to a net addition of 490,000.

Furthermore, the daily active addresses have skyrocketed from 56,261 on January 1 to a peak of 612,340 reached last week.

suggest that there has been a surge in whale accumulation, indicated by the persistent rise in addresses holding between 1,000 and 100,000 XRP tokens.

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Several bullish triggers have supported the coin’s rise, including the retirement of former SEC Chair Gary Gensler, its potential inclusion in a U.S. digital asset stockpile, and the conclusion of the SEC’s enforcement case against Ripple Labs—a firm that uses XRP extensively for its operations.

In another milestone marking the end of the almost four-year legal dispute, Ripple agreed on Tuesday to pay the SEC a $50 million fine and drop the cross-appeal against an August 2024 ruling.

The SEC initially sought nearly $2 billion in civil penalties and interest from Ripple. The final $50 million sum represents a tiny fraction of that amount.

Price Action: XRP was trading at $2.43, showing an increase of 1.10% in the last 24 hours, as per Benzinga Pro.