The price of the native asset of the Ripple network, XRP, has surged by 13.6% in the past 24 hours as news that the company secured a license to offer its payment services in two key states of the U.S. appears to have excited the market.
Despite the temporary drop that cryptocurrencies experienced yesterday, XRP recovered from its early losses and managed to end the session with a 1.1% gain on Monday.
As a result, XRP continues to be among the best crypto to buy of the top 5, boasting yearly gains of 52.4% since 2025 started and 46% in the past 30 days alone.
Ripple announced yesterday that it received money transmitter licenses (MTLS) in the states of Texas and New York. These permits allow the company to offer access to its blockchain-based digital payments platform to both individuals and organizations in these jurisdictions.
The firm has been accelerating its efforts to increase the adoption rate of its cross-border payments solutions not just in the United States but also across the world. To this end, they have secured licenses in key countries, including the Cayman Islands and Singapore as well.
In addition, Ripple recently launched its native stablecoin – Ripple USD (RLUSD). They expect to bring institutional clients on board with this brand-new asset by allowing them to rely on a dollar-backed cryptocurrency to make payments and manage their cash reserves.
XRP Consolidates After Climbing Above $3 Mark
XRP appears to have entered a stage of consolidation after breaking the $3 level and retesting the token’s all-time high of $3.4 from January 2018.
The asset is experiencing a significant wave of positive momentum following several positive developments that should help the company achieve its mission of becoming the preferred cross-border payment platform for thousands of individuals and organizations across the globe.
Yesterday’s recovery was breathtaking to some extent as the price surged from a session low of $2.65, translated from a temporary 12% daily loss to a 1.1% gain.
The approval of an MLTS in these two important states is critical for Ripple’s success as they account for nearly 15% of the country’s entire population.
This means that the company can now deploy its services to financial services firms, investment funds, asset managers, brokers, and other similar institutions, most of which are based in NY.
The market’s excitement for the news could push the price of XRP to its all-time high again in the next few days.
That said, buyers could have exhausted their ammunition for the time being. Despite this recent climb, the MACD indicator sent a sell signal a couple of days ago. This indicates that XRP could already be due for a pullback.
Late buyers may opt to wait until that happens to enter a long position at a much more affordable price to reduce downside risks.
Best Crypto to Buy: $BEST Token Could Outperform XRP in 2025
Best Wallet ($BEST) has come to innovate in a field where incumbents have opted to deliver the bare minimum to users in the absence of strong competition.
Its user-friendly interface, robust security measures, and sophisticated features have made this project one of the most promising Web 3 storage solutions of the year, and the success of its presale event attests to that.
Since December 2025 when Best Wallet opened its doors to outside investors, the project has raised $8.5 million in capital to keep moving forward with its roadmap.
Best Wallet aims to become the dominant player in this growing segment of the blockchain industry by delivering value-added features such as the Upcoming Tokens tool. This crypto screener helps users identify the most appealing investment opportunities in the market while they are still flying under the radar of whales and venture capitalists.
At its discounted price of $0.023775, early buyers get the upper hand and will reap the highest returns once the token is listed on exchanges.
This price will be increased in the next 35 hours. To buy $BEST, head to the official website of the Best Wallet presale and connect your wallet. You can either convert USDT, ETH, or BNB tokens or use a bank card to make your investment.
You can also download its mobile app, and you will receive the tokens on the claim date, along with updates from developers as the project advances.
