XRP, the token linked to Ripple Labs and the third-largest cryptocurrency, climbed nearly 40% this week to a record $3.4, eclipsing the performance of every other major digital asset this month. Its market capitalization now sits at about $190 billion, driven by optimism that the Trump administration could adopt friendlier crypto policies.

XRP has now risen about 40% over the past week, and “has really got legs,” market strategist Louis Navellier wrote Thursday. “It has been identified as the crypto of prefere

Major cryptocurrencies rallied on Friday, with bitcoin back on track toward its record high days ahead of the second inauguration of crypto-friendly President-elect Donald Trump.

Bitcoin surged to a new all-time high of $109,036 on January 20, just hours before Donald Trump’s inauguration as the 47th president of the United States. This price jump, driven by growing optimism surrounding Trump’s crypto-related plans,