- XRP has surged 51.8% in the past year, surpassing Bitcoin, Ethereum, Binance Coin, and Cardano in annual returns.
- XRP enthusiasts claim that mainstream US media downplays XRP’s success.
- Historical market data confirms XRP’s remarkable growth, trading at $0.3453 in August 2022 to $0.52 in the present.
XRP has emerged as the top performer in the crypto market over the past year. With a staggering 51.8% surge in value, XRP has outperformed big players like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Cardano (ADA) in terms of annual returns.
Enthusiastic members of the XRP community are quick to point out that mainstream media in the United States seems to be downplaying this remarkable achievement. The disparity between XRP’s performance and its coverage from traditional media outlets has frustrated many supporters.
Prominent XRP figure Digital Asset Investor voiced this sentiment, suggesting that influential programs like Squawk Box CNBC tend to focus on Bitcoin and Ethereum, inadvertently neglecting the impressive growth of XRP.
Historical market data stands as undeniable evidence of XRP’s exceptional growth. In August 2022, XRP was trading at $0.3453 with a market cap of $17 billion. Fast forward to the present, and XRP’s value has surged to $0.52, accompanied by a substantial $10 billion growth in market share.
In stark contrast, other leading cryptocurrencies have witnessed negative or minimal growth during the same period. Bitcoin and Ethereum, for instance, experienced growth of just 20.89% and 3.29%, respectively.
In a nutshell, XRP’s remarkable 51.8% surge in the past year solidifies its position among the top cryptocurrencies. While the mainstream media might be slow to catch up, the numbers and XRP’s dedicated community affirm its deserving recognition.
