Ripple News: XRP Up 89% as BTC, ETH, and CoinDesk 20 Lag Over 365 Days
XRP has gained 89% over 365 days, significantly outperforming Bitcoin, Ether, and major indices which show muted or negative returns.Summary
Despite recent price drops, XRP stands out with an 89% gain over the last 365 days, vastly exceeding Bitcoin's 3.6% gain and Ether's flat return, while the CoinDesk 20 Index also posted modest gains. This outperformance is attributed to several catalysts, notably the resolution of the SEC lawsuit against Ripple, which removed a major legal barrier. Technological advancements, such as the XRPL EVM sidechain and the growth of the RLUSD stablecoin, have expanded XRP's utility beyond payments into DeFi. Furthermore, strategic partnerships and the debut of Canary Capital's spot XRP ETF in the U.S. have bolstered institutional interest. However, this performance comes at the cost of high volatility, with XRP's annualized 365-day volatility at 91%, compared to Bitcoin's 44%. Industry observers remain confident that potential future ETF approvals could attract stable, long-term capital, potentially easing this volatility.
(Source：CoinDesk)