XRP has become one of the best performing cryptocurrencies in 2024, primarily due to two pivotal events. Firstly, Ripple's victory in the legal battle against the US SEC has provided clarity and confidence among investors. Secondly, the election of Trump as President of the United States has also played a role in boosting investor sentiment.
As a result of these significant developments, XRP has experienced an impressive surge, with its value increasing by over 230% throughout the year. Furthermore, XRP's market cap has overtaken that of USDT, positioning it closer to its all-time high.
