Ripple-affiliated XRP cryptocurrency soared to $0.317 at 4:33 UTC on the Bitfinex exchange, reaching its highest level since Dec. 25, 2020.
It has now increased its lead over Litecoin, holding onto its fourth place on CoinMarketCap. The two cryptocurrencies are worth $13.2 billion and $11.17 billion, respectively.
With that being said, XRP is still down over 63 percent from its November peak of $0.783. The cryptocurrency has been clobbered by the SEC's lawsuit against Ripple Labs.
Yuri Molchan
Denys Serhiichuk