XRP soared 18%!

• XRP surged 18% on Wednesday, outperforming Bitcoin and Ethereum
   
• Optimism grows over crypto-friendly U.S. policies
   
• XRP whales acquired $2B in tokens, driving momentum
   
• Ripple’s 2025 plans may help strengthen its position as a topo digital asset provider

Ripple (XRP) has witnessed significant growth, surging 18% on Wednesday, January 16, far outpacing Bitcoin’s 4% and Ethereum’s 7% gains.
 

This rally comes amid optimism around anticipated crypto-friendly policies under the incoming Trump administration.

Additionally, a favorable U.S. Consumer Price Index (CPI) report – showing a core rate of 3.2% (slightly below the expected 3.3%) – further bolstered market sentiment.

Reports of XRP whales acquiring $2 billion worth of tokens within 48 hours last week have also added momentum to recent growth.

Looking ahead, Ripple has big plans for 2025 which may help strengthen its position as a top digital asset provider for financial institutions.

Key initiatives include:

• Advancing the XRP Ledger with key initiatives to enhance its utility. It is developing an Ethereum Virtual Machine (EVM)-compatible sidechain to enable smart contracts and interoperability across blockchains
   
• Ripple has launched RLUSD, a USD-backed stablecoin integrated with Ethereum and XRPL, targeting enterprise use
   
• Following its acquisition of Metaco, Ripple now offers institutional-grade custody solutions for secure digital asset management
   
• Additionally, Ripple is expanding its Payments Direct platform to improve cross-border efficiency for fiat and crypto transactions.