In what can only be described as a rollercoaster year for the crypto markets, the Grayscale XRP Trust has not only ridden the wave, but surfed it with the grace of a pro. As the champagne corks pop and bid farewell to 2024, this trust has ended the year with a stunning 300% gain, setting a new benchmark across the investment landscape.
Let’s rewind to September 2024, when Grayscale decided to give XRP another chance at glory by reviving its trust. Starting at a modest $10.85 per share, the trust’s journey to $45.46 was a financial odyssey.
This meteoric rise wasn’t just about numbers on a screen; It was fueled by a cocktail of political winds and regulatory smiles. Donald Trump’s victory, with his pro-crypto murmurs, seemed to give XRP new momentum and make it the belle of the world in the final months of the year.
Will the XRP ETF be launched in 2025?
But let’s…