Summary
XRP finally experiences a significant price increase after lagging behind other cryptocurrencies. Despite the jump, XRP is still underperforming compared to Bitcoin and the overall market.
Key Points
1. XRP had been notably absent from the record-breaking highs experienced by other cryptocurrencies, such as meme coins and AI tokens.
2. Prior to the recent jump, XRP had slid to a 3-year low when measured against bitcoin.
3. Despite the significant increase in value, XRP is only up 17% year-to-date, underperforming BTC’s 64% advance and the broader crypto market.