Ripple-linked asset XRP surged to a fresh seven-year-high price Thursday, coming within two cents of its 2018 peak.

XRP has been making waves in the cryptocurrency world, hitting a seven-year high of $3.10, a price point not seen since 2018. This remarkable surge is part of a broader 30% gain over the past two weeks, signaling a strong bullish momentum that has set the digital asset apart from other major cryptocurrencies.

At the moment, Canary Capital appears best-positioned to be the initial issuer of the new vehicle.

XRP has smashed through its previous record, hitting an all-time high of $3.37 on major exchanges Binance, Kraken, and Bitfinex, setting the crypto community ablaze. The explosive rally came through a combination of factors—whale activity, bullish market sentiment, recent wins in Ripple's ongoing fight with the U.S.

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

According to data provided by Polymarket, the odds of an XRP ETF being approved by the U.S. Securities and Exchange Commission in 2025 have spiked sharply higher.

Nasdaq filed a 19b-4 Form on Jan.16 to list and trade the spot Litecoin (LTC) exchange-traded fund (ETF) registered by Canary Capital. Bloomberg senior ETF analyst Eric Balchunas sees this as the first altcoin-related ETF approval in 2025.

XRP reaches an all-time high of $3.39, surpassing its 2018 peak for the first time in nearly seven years. Ripple's altcoin has gained over 15% today and 40% in January so far.

XRP's open interest has increased by $6 billion since the start of the month as the altcoin soared to new all-time highs.

The potential approval of a Litecoin ETF could pave the way for broader acceptance and integration of cryptocurrencies in traditional finance. The post Litecoin seen as commodity, Litecoin ETF likely first to debut under Trump: Bloomberg analyst appeared first on Crypto Briefing.

XRP's latest high is making news, but it isn't the only headline today.

Trump's crypto strategic reserve could benefit XRP and Solana, fostering industry growth and shifting US regulatory approaches.

XRP showed strong performance on Thursday, extending its Wednesday gains after retesting the daily trendline support near $3.08.

Litecoin (LTC) has soared by 16% in just the past 24 hours, catching the attention of investors and analysts alike. The cryptocurrency's recent surge has broken through key resistance levels, with no signs of slowing down.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Innovating Capital General Partner Anthony Georgiades joins CoinDesk to discuss XRP's recent rally that sent the token's price to a high above $3.00. Plus, he weighs in on the rumors around a crypto reserve under the Trump administration.

The price of XRP has skyrocketed by ~50% this month alone. With this, the altcoin has successfully reclaimed the $3 mark for the first time in 7 years. Despite the recent appeal by the SEC, the Ripple token has maintained its bullish action, highlighting strong fundamentals for the altcoin in the market.

A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.

In recent days, XRP's value has been climbing as positivity about upcoming cryptocurrency regulations surpasses the challenges posed by a recent legal appeal from the US Securities and Exchange Commission (SEC).

Ripple's native token, XRP, has been making waves in the cryptocurrency realm with its impressive upside momentum. Amid this remarkable price surge, recent activity by whales and investors has raised concerns about a potential sell-off.

The price of the native token of the XRP Ledger has surged by more than 44.5% so far this year significantly outperforming the wider cryptocurrency market and boosting its market capitalization to nearly $200 billion.

XRP (CRYPTO: XRP) is surging on Thursday, up 11% at the time of writing, fueled by speculation about President-elect Donald Trump considering a reserve of U.S.-based crypto assets. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $3.36 $193 billion +15% +44.8% Ethereum (CRYPTO: ETH) $3,337 $397.9 billion -0.1% -1.1% Bitcoin (CRYPTO: BTC) $99,400 $1.97 trillion +0.3% +5.5% Trader Notes: Crypto chart analyst Ali Martinez identified XRP as being in the midst of a substantial bullish breakout.

Litecoin price went vertical as it jumped for three consecutive days, reaching its highest level in almost a month. The price of Litecoin (LTC) rose to $126, up 26% from its lowest level this week.

Nasdaq has submitted a 19b-4 form to the U.S. Securities and Exchange Commission (SEC) for the proposed Canary Litecoin ETF. This filing, made on behalf of Canary Capital, starts the official review process for the approval of a spot Litecoin exchange-traded fund (ETF).

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.

Canary Capital appears to be making headway in its bid to launch a Litecoin ETF, with recent signs of progress from the U.S. Securities and Exchange Commission (SEC).

As Litecoin decouples from altcoins with a 16.1% market cap surge, whale accumulation and ETF developments signal potential institutional interest in the veteran cryptocurrency.

Canary Capital's Litecoin ETF filing adds another contender to the race, but will new SEC leadership give LTC an edge over Solana and XRP? Litecoin joins the ETF race The race for crypto ETFs in the U.S.

Sitting members of the U.S. House of Representatives and Senate have an informational edge over the public. Worse still, they regulate the very industries they so often invest in — and they tend to secure impressive returns for themselves in the process.

XRP (XRP 13.66%) stock is posting another day of explosive gains in Thursday's trading. The cryptocurrency's token price was up 11.1% over the previous 24 hours despite sell-offs thanks to some exciting news.

On Thursday, the cryptocurrency market experienced a slight uptick over the past 24 hours, with litecoin (LTC) emerging as one of the day's standout performers, achieving double-digit gains against the U.S. dollar.

Nasdaq Stock Market LLC has filed an essential form for garnering the U.S. SEC's approval of a spot Litecoin ETF.

Crypto influencer Ansem set apart four main categories of coins and tokens, with the potential for institutional, retail, or high-risk crypto insider bets.

Litecoin (LTC) has recently experienced a surge in whale activity. Its large investors, holding over 10,000 LTC, have accumulated coins worth $30 million over the past seven days.

The price of XRP hit a new all-time high today, rocketing past the key $3.30 mark. After almost seven years, what seemed like an impossible burden has now been broken, and XRP is currently in what some might call price discovery mode.

Es sind hervorragende Zeiten, um in den Kryptomarkt zu investieren. Zumindest wenn man sich die Entwicklungen der letzten 2 Jahre anschaut.

Ron Hammond from the Blockchain Association shared some thoughts on the future of the SEC under the leadership of Paul Atkins. In an interview with Tony Edwards of Thinking Crypto, when asked if the SEC might drop some non-fraud cases, like the ongoing Ripple lawsuit, Hammond expressed optimism.

With its recent bullish run reaching a major milestone, XRP has broken above the crucial $3 level. Following weeks of consolidation and the accumulation of bullish momentum, the asset reached levels not seen in months before the breakthrough.

Testing times quickly return for Bitcoin traders as BTC price momentum again fails to recapture $100,000.

As XRP reaches new price milestones in 2025, drawing closer to its historic peak, a considerable share of the digital asset resides on centralized exchange (cex) platforms. According to data from Cryptoquant, over 23% of the 57 billion tokens in circulation are held across ten major trading platforms.

Canary Funds' litecoin ETF filings were recently amended, potentially indicating that the SEC is engaging with the filing.

As an experiment, Cointelegraph asked two different AI models, OpenAI's ChatGPT and xAI's Grok, to predict how XRP price could be affected by a spot ETF approval.

The price of XRP made a new all-time high today. However, the parabolic nature of the runup is posing questions about the uptrend's sustainability.

President-elect Donald Trump is reportedly exploring the inclusion of US-developed digital currencies like Ripple's XRP and Solana in his proposed national crypto reserve, the New York Post reported on Jan. 16, citing insider sources.

Mantra price remains in consolidation phase over the past two months as 2024 surge loses steam. Mantra (OM), a popular cryptocurrency in the Real World Asset tokenization industry, is trading at $3.90.

The United States Securities and Exchange Commission has officially appealed the Ripple ruling, as the legal battle between the regulator and Ripple Labs continues.

The Ripple, XRP, and SEC series appear to have new episodes to serve up. According to on-chain data, Chris Larsen, Ripple's co-founder has transferred precisely 20 million XRP to an unknown wallet.