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The XRP community is buzzing with anticipation as Ripple CEO Brad Garlinghouse is set to reveal key insights at the upcoming XRP Community Day. Scheduled to be hosted at X Spaces on January 28, XRP Community Day aims to foster engagement and interaction within the XRP community.
In a tweet from RippleXIt has been announced that XRP Community Day will begin with Ripple’s CEO taking the stage. Garlinghouse is expected to open the event with reflections on XRP’s most significant achievements, providing a retrospective look at the journey so far.
Garlinghouse’s address will also cover the state of the cryptocurrency industry, providing insight into the current state of the cryptocurrency sector.
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Perhaps the most fascinating part of the speech is Garlinghouse’s vision for the year. According to RippleX’s tweet, Ripple’s CEO will share his vision for 2025, including Ripple’s strategic plans and goals for XRP.
Ripple is one of the major companies developing technologies to leverage XRPL in institutional and government use cases. Ripple uses XRP and XRPL to power on-demand liquidity services, custodial and tokenization activities.
XRP is seeing impressive growth in the fourth quarter
According to the latest report issued by My pathThe market cap of XRP rose 246% in the fourth quarter, surpassing the combined market cap of BTC, ETH, and SOL, which increased by 44%. The price of XRP is up 241% QoQ, with the difference between market cap and price being attributed to a 1.6% increase in circulating supply.
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All network metrics measured increased in Q4. New addresses increased 382% QoQ to 507,000, indicating new users on board. Furthermore, total active addresses increased by 99% to 56,000, indicating an increase in the number of new and existing users. Year over year, quarterly new titles increased by 115%.
The average daily CLOB volume of issued exchangeable tokens increased by 1,140% (12x) to $7.9 million, while the average daily number of CLOB trades decreased by 4% to 700,000. Average daily CLOB traders jumped 300% last quarter to 9,300 while average daily AMM volume rose 3,100% (32x), indicating massive growth in usage.
At the time of writing, the price of XRP has fallen by 2.29% over the past 24 hours to $3.11.
