XRP tops $3 for first time since 2018 as Dogecoin and Solana hit weekly highs

What a crazy week for crypto.

After a market-wide fall on Monday that saw Bitcoin briefly drop below $90,000 and other top assets are also plunging into the red, almost everything turned green on Wednesday following an expected report on US inflation.

But XRP far outpacing other major coins on Wednesday, rising 19% over the past 24 hours to a current price of $3.18 – the highest price seen for the Ripple-linked asset since 2018.

With a 32% gain last week, fueled by optimism about potential XRP ETF approvals And Ripple Executive Meeting Under President-elect Donald Trump, XRP is now up less than 9% to its all-time high of $3.40 set in January 2018.

Elsewhere in the top 10 coins by market cap, Solana is the second biggest gainer with a spike of almost 9% over the past day, reaching a weekly high of just under $205. However, SOL is only up 3% for the week, with today’s rise only making up some of the losses from earlier in the week.

And Dogecoin is also on the rise, with the original meme coin jumping 7% on the day to a current price of $0.382 – the highest price recorded for DOGE in over a week. Cardanomeanwhile, is up nearly 8% on the day to $1.08.

Bitcoin briefly surged above the $100,000 mark earlier Wednesday afternoon, but has since returned to a current price of around $99,700. That’s still up more than 3% on the day.