logo

Top US Exchange Kraken Teases: ‘Anyone Else Watching XRP Today’

By: the crypto basic|2025/05/13 17:30:06
0
Share
copy
Leading crypto trading platforms Kraken and MoonPay call attention to XRP significant gains following the coin’s latest surge to a multi-month high. XRP has been riding the wave of the latest relief rally in the crypto market, which commenced last week. Interestingly, the coin witnessed a notable price increase yesterday, soaring past the $2.6 mark for the first time since March 7, 2025. The recent surge came after global travel giant Travala.com added XRP as a payment option. This would allow Travala users to pay for flights, book hotels, and other travel products using XRP. Following XRP’s recent surge, it briefly flipped Tether (USDT) to become the third-biggest cryptocurrency by market cap. Despite reaching a multi-month high of $2.63 yesterday, XRP dipped slightly to the $2.5 territory and dropped to the fourth position in the global crypto ranking. Kraken and MoonPay Highlight XRP Rally Meanwhile, amid the XRP comeback, leading crypto trading platforms Kraken and MoonPay called investors’ attention to XRP’s uptrend. In a tweet, Kraken greeted its followers in a friendly morning greeting and asked if they were monitoring XRP’s price movements. The exchange attached a screenshot to the post, showing that XRP had registered an intraday high of 10.09% to $2.58. https://twitter.com/krakenfx/status/1921925219976982888MoonPay also highlighted XRP’s gains over the past year in a separate X post. The accompanying screenshot indicated that XRP’s price had increased by 403.46% over the past year.Notably, it specifically asked XRP community members for their collective view on where the coin’s price could be headed next. https://twitter.com/moonpay/status/1921945278438928690Meanwhile, the Kraken and MoonPay tweets elicited reactions from crypto enthusiasts, including exchanges.Is XRP Gearing Up for a New ATH? Specifically, Gemini crypto exchange confirmed that it was also watching XRP’s latest move in response to Kraken’s post. In response, Kraken asked whether XRP is gearing up for an imminent all-time high (ATH). Several market commentators believe XRP is on the verge of registering a new ATH this bull cycle. Many thought XRP would achieve the milestone in January when it soared to around $3.34 on January 20. It bears mentioning that this date coincided with the day Donald Trump was inaugurated as the 47th U.S. President. While many expected XRP to continue its rally and surpass its previous ATH of $3.84, it slumped heavily in subsequent months, reaching a low of around $1.6. However, XRP has risen from the dust to continue its rally, with many experts like Michaël van de Poppe predicting it could soon "attack" its previous ATH and eventually set a new record. In the meantime, XRP is currently trading at $2.50 per coin, with a daily increase of 3.24%. To register a new ATH, XRP's price must soar by at least 54% from its current level to $3.85.

You may also like

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

Bitcoin ETF News Today: $2.1B Inflows Signal Strong Institutional Demand for BTC

Bitcoin ETFs news recorded $2.1B inflows over 8 consecutive days, marking one of the strongest recent accumulation streaks. Here’s what the latest Bitcoin ETF news means for BTC price and whether the $80K breakout level is next.

Popular coins

Latest Crypto News

Read more