XRP crypto price crosses $3 for first time since 2018

Ripple’s native cryptocurrency XRP hit $3 shortly after reports surfaced that the incoming Trump administration’s SEC may ease select digital asset lawsuits.

Ripple (XRP) surged over 16% during U.S. trading hours on Wednesday, Jan. 15, reaching $3 for the first time since 2018 as the broader crypto market rallied.

Data from crypto analytics platforms showed XRP’s market capitalization climbed to $171.5 billion, solidifying Ripple’s position as the third-largest digital asset by market cap. Bitcoin (BTC), with a market cap of $1.9 trillion, and Ethereum (ETH) at $402 billion remain the only larger cryptocurrencies.

XRP
24-hour XRP price chart – Jan. 15 | Source: crypto.news

Why did Ripple’s XRP…

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