Ripple's cryptocurrency XRP has kicked off the new year In green color.

According to data provided by CoinGecko, it has risen by 1.8% in the past 24 hours, and is currently trading at $2.17.

Notably, it is the only top 10 coin currently in green.

Other major altcoins have had a somewhat disappointing start this year. Ethereum (ETH) and its arch-rival Solana (SOL) fell by 2.6% and 3.3%, respectively.

XRP is also among the most traded cryptocurrencies in the past 24 hours, generating nearly $4 billion in trading volume.

This comes after the controversial symbol stole the spotlight in the last quarter of 2024 with its massive rise.

XRP took a breather heading into the end of the year, but is still up a staggering 238% year over year. The token had its highest ever annual close at $2.08. However, it is still far from reaching the all-time high achieved in early 2018.

like Reported by U. TodayRipple held its monthly XRP token open earlier today. A large amount of XRP was also recently sent to Bithumb.

Ripple's cryptocurrency has recently emerged as a dominant force in the cryptocurrency market in South Korea, which is particularly known for its love of altcoins.

XRP has become a favorite of traders due to expectations of a pro-crypto shift by the Securities and Exchange Commission.

like Reported by U. TodayStuart Alderotti, Ripple's chief legal officer, recently revealed his core principles to the SEC, arguing that the agency cannot monitor simple asset sales.

There are also several spot ETFs for the XRP token in the US, and they could give the token a much-needed advantage in 2025 over some other major altcoins.