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Ripple XRP and Dogecoin (DOGE) emerged as top-performing cryptocurrencies in Grayscale’s latest weekly performance report. Between December 26, 2024, and January 2, 2025, these assets delivered significant gains, securing their spots among the week’s biggest winners.
According to the report, XRP achieved an impressive 11.9% return, ranking as Grayscale’s second-best-performing cryptocurrency. As of January 2, XRP boasts a year-to-date (YTD) increase of 15.9%, with its market cap surging to $139.9 billion. In weekly performance, XRP was narrowly outpaced by Cardano (ADA), which posted a 12.2% gain.
Meanwhile, Dogecoin climbed 8.6% during the same period, securing the fourth position on Grayscale’s list. DOGE’s momentum carried into the first two days of 2025, with a 7.1% increase, propelling its market cap to $53.5 billion.
Grayscale’s Top Performers of the Week
Grayscale’s report highlighted several standout assets. The top five included:
- Cardano (ADA): 12.2% weekly gain
- XRP: 11.9% weekly gain
- Solana (SOL): 10.5% weekly gain
- Dogecoin (DOGE): 8.6% weekly gain
- Avalanche (AVAX): 5.1% weekly gain
Other notable mentions included Tron (TRX) at 4.9%, Ethereum (ETH) at 3.6%, Binance Coin (BNB) at 2.6%, Bitcoin (BTC) at 1.3%, and Toncoin (TON) with a negative return of -1.4%.
What’s Driving XRP and Dogecoin’s Gains?
XRP’s rally is primarily attributed to optimism surrounding the ongoing SEC v. Ripple lawsuit. Market sentiment suggests Ripple could prevail under the SEC’s new crypto-friendly leadership. Ripple CEO Brad Garlinghouse’s comments about the U.S. Congress being more crypto-positive than ever further fueled this bullish outlook.
For Dogecoin, growing interest from both retail and institutional investors has been key. Popular analyst Javon Marks predicts DOGE could surpass $20 by the end of 2025, driving heightened accumulation among whales. Notably, whales purchased 300 million DOGE on January 1 alone, signaling strong confidence in the asset’s potential.
Conclusion: Momentum Builds for XRP and Dogecoin
Both Ripple (XRP) and Dogecoin (DOGE) have proven their resilience, capturing investor interest with promising developments and strong weekly performances. As the crypto market evolves, Turkish NY Radio will continue to provide updates and insights into these leading assets.
