XRP is down 10% over the past 24 hours to last trade at $1.96, according to CoinDesk data. It’s down from a record high of around $2.72 at the beginning of the month, but is still up over 300% since the start of the year.

Several other cryptocurrencies have done well and grown to market caps exceeding $100 billion. One is XRP (CRYPTO: XRP), which currently has the fourth-largest market cap in the crypto sector at more than $140 billion.

XRP has been one of the biggest post-election crypto winners and has quadrupled in value since Nov. 5. The rally in XRP and other cryptocurrencies has put focus on digital assets—and where they might be heading in 2025.