Cryptocurrency Prices Surge in 2024
The prices of cryptocurrencies have soared in 2024, hitting remarkable gains and reaching new all-time highs shortly after the 2024 presidential election.
XRP Token's Performance
Among the most notable performers is the XRP Token from Ripple, which has seen an impressive 279% increase year-to-date. It has recently achieved new one-month and one-year highs, raising speculation on whether it can continue its upward trajectory and challenge its all-time highs from 2018.
With XRP ETFs filed and the potential for a more crypto-friendly administration, the sentiment around XRP remains bullish. Benzinga recently conducted a poll to gauge opinions on whether XRP will outperform other major cryptocurrencies in 2025.
Poll Results: XRP vs. Other Cryptos
Benzinga asked readers: "Do you think any of these cryptos will outperform XRP in 2025?" Here’s how respondents voted:
- Bitcoin (BTC): 28%
- Solana (SOL): 15%
- Dogecoin (DOGE): 13%
- Ethereum (ETH): 10%
- Shiba Inu (SHIB): 10%
- Hedera (HBAR): 1%
- None of the Above: 24%
Bitcoin topped the poll with 28%, followed by the None of the Above option, where 24% believe XRP will be the top performer.
Current Prices and Performance
Here are the current prices and year-to-date returns for the cryptocurrencies in question:
- Bitcoin: $99,758.18, +125.7%
- Solana: $239.25, +129.7%
- Dogecoin: $0.4369, +375.1%
- Ethereum: $4,039.69, +71.3%
- Shiba Inu: $0.00003095, +198.0%
- Hedera: $0.2932, +238.4%
- XRP: $2.39, +279.1%
Among these, Dogecoin has shown the best performance, followed closely by XRP and Hedera. Notably, only Bitcoin and Solana have reached new all-time highs recently.
All-Time Highs Comparison
Here’s a look at the all-time highs for the cryptocurrencies:
- XRP: $3.84 (May 2018)
- Dogecoin: $0.7376 (May 2021)
- Ethereum: $4,891.70 (November 2021)
- Shiba Inu: $0.00008845 (October 2021)
- Hedera: $0.5701 (September 2021)
Market Sentiment
As we approach 2025, it will be intriguing to observe which cryptocurrencies will achieve new highs and become the top performers. A recent Benzinga poll indicated that 41% of readers are not interested in buying XRP, while 28% feel they missed the opportunity to invest in it.
With the new year around the corner, the crypto landscape remains dynamic and full of potential.
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