XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined
Cryptocurrency investor optimism is rising ahead of Donald Trump's inauguration, expected to bring regulatory clarity. The XRP token reached a seven-year high of $3.20, driven by positive sentiment despite the SEC's legal appeal regarding XRP sales. XRP's price increased over 32% weekly, supported by Ripple Labs' partial legal victories. FTX plans to repay over $1.2 billion to users post-inauguration, allowing claims up to $50,000. The Hyperliquid token launched with a decentralized airdrop, marking a shift from centralized listings. AI tokens are projected to reach a market cap of $60 billion by 2025, with initial use cases in crypto transactions. The AI agents market cap surged 222% in Q4 2024, driven by the Goatseus Maximus coin launch on Solana. Most top cryptocurrencies ended the week positively, with Fartcoin and XDC Network showing significant gains.
