Many investors dream of making millions in financial markets. And for many, the cryptocurrency industry has helped turn that vision into a reality. The Ripple network's native token XRP (CRYPTO: XRP) is an excellent example of the explosive potential in this unique asset class.

The Ripple token, XRP, has been booming with new gains ever since Donald Trump’s win in the US elections. Recently, the Ripple price has hit a new milestone and is just a few points away from hitting the ATH of $3.

In 2020, the U.S. Securities and Exchange Commission (SEC) sued a company called Ripple, alleging it was in breach of the law for the way it issued its XRP (CRYPTO: XRP) cryptocurrency. XRP has a market capitalization of more than $150 billion as of this writing,

The cryptocurrency soared from $0.50 on the day of the US election (05 November) to $3.18 on inauguration day (20 January). That triple-digit growth has seen Ripple XRP land just two cents off its all-time high.

XRP isn't alone in its rise today. The market saw green across the board. That's because new data was released that shows inflation for the period was less than expected. This, more often than not, leads to a boost in investor confidence, especially for riskier assets like crypto.

Ripple (XRP) is one of the most prominent cryptocurrencies, and is projected to reach $10 by 2025. This is from its growing adoption for cross-border payments and favorable legal progress. This expect